This book describes a methodology for imputing a monetary value to the loss in beach recreational services that would result from a hypothetical oil spill in the Georges Bank area off Massachusetts. It is a valuable resource for students interested in environmental studies.
By:
Elizabeth A. Wilman Imprint: Routledge Country of Publication: United Kingdom Dimensions:
Height: 246mm,
Width: 174mm,
Weight: 362g ISBN:9781138948310 ISBN 10: 1138948314 Series:Routledge Revivals Pages: 194 Publication Date:01 March 2017 Audience:
College/higher education
,
Professional and scholarly
,
Primary
,
Undergraduate
Format:Paperback Publisher's Status: Active
1. Perspective on the Problem 2. Introduction to the Case Study: Pollution Externalities Affecting Recreational Beaches on Cape Cod and Martha's Vineyard 3. The Hedonic Pricing Model 4. The Oil Spill Risk Analysis Model 5. Dealing with Risk and Uncertainty 6. The Econometric Analysis of the Hedonic Model 7. Combining the Results of the Hedonic Model and the Risk Analysis Model 8. Conclusions and Recommendations