Hanley, Nick; Bell, David; Alvarez-Farizo, Begona - In: Environmental & Resource Economics 24 (2003) 3, pp. 273-285
Recent moves in the European Union have beenmade towards a toughening of legislation onbathing water quality. This has focussedpolicy-makers thoughts on the welfare benefitsresulting from such improvements, especiallygiven their cost. Our paper uses a combinedstated and revealed preference...