There is no abstract for this book chapter. It outlines one of the commonly used methods of valuing environmental improvements, discussing the implicit assumptions about perceptions that are embedded in this approach

There is no abstract for this book chapter, however it describes how the hedonic method is used to infer the value of a statistical life as well as environmental and other amenities. The emphasis is upon the policy implications of employing this approach, since many others have summarized the...

We present an analysis of the barriers and opportunities for incorporating air quality co-benefits into climate policy assessments. It is well known that many strategies to reduce greenhouse gas emissions also decrease emissions of health-damaging air pollutants and precursor species, including...

Individuals who are likely to realize the largest benefits from improvements in air quality often depend on other members of their households to make time or monetary contributions to their care. The presence of these dependency relationships among household members poses challenges for benefit...

This study evaluates the tradeoff between agricultural production and water quality for individual producers using an integrated economic-biophysical hybrid genetic algorithm. We apply a multi-input, multi-output profit maximization model to detailed farm-level production data from the Oregon...

Cost-Benefit Analysis (CBA) is a tool for assessing the welfare effects of changes in regulatory and investment interventions. While in many ways an effective approach, a significant drawback of CBA, however, is that it relies on estimates for variables that cannot be predicted with complete...

This paper examines the application of quasi-experimental methods in environmental economics. We begin with two observations: i) standard quasi-experimental methods, first applied in other microeconomic fields, typically assume unit-level treatments that do not spill over across units; (ii)...

Sixteen oil spills occurred in Korea between 1995 and 2010, including the Hebei Spirit oil spill (HSOS) in 2007, the largest (77,857 barrels) in Korean history. Yet compensation for environmental damages has never been claimed under the International Oil Pollution Compensation Fund for any of...

I show that British electricity tariffs create substantial welfare loss, equivalent to between six and eighteen percent of domestic consumption value. Losses are greater than unpriced distributional and environmental counter effects. Expected technological change will increase this welfare loss....

This paper examines the application of quasi-experimental methods in environmental economics. We begin with two observations: (i) standard quasi-experimental methods, first applied in other microeconomic fields, typically assume unit-level treatments that do not spill over across units; (ii)...