Air pollution is an externality whose health costs are high. In our paper we have evaluated the private cost or cost of suffering due to morbidity associated with this pollution. The contingent valuation method (CVM) has allowed us to estimate the average monthly private cost of illness for a...

Since around 2007, the country has been enjoying an “energy renaissance” thanks to its abundant stocks of shale oil and gas. The resurgence in oil and gas production is beginning to create discernible economic impacts and has changed the landscape for natural gas prices in the United States,...

Environmental conditions are likely to have an effect on people’s sense of life satisfaction, both directly and indirectly. In recent years there has been a burgeoning literature assessing the relationship between measures of environmental quality and subjective well-being. This type of...