THE ECONOMICS OF NATURAL ENVIRONMENTS by John V. Krutilla, Anthony C. Fisher ( 9781138834293 )

Item Details

Title:

THE ECONOMICS OF NATURAL ENVIRONMENTS
STUDIES IN THE VALUATION OF COMMODITY AND AMENITY RESOURCES

By:

John V. Krutilla, Anthony C. Fisher

Format:

Hardback

List price:

£135.00

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£121.50

Discount:

10% off

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£13.50

ISBN 10:

1138834297

ISBN 13:

9781138834293

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Publisher:

TAYLOR & FRANCIS LTD

Pub. date:

1 December, 2014

Pages:

328

Synopsis:

In this pioneering study, Krutilla and Fisher put the amenity resources of natural environments into an analytical framework comparable to that for the extractive resources. The models and theoretical background of their techniques are illustrated by case studies which include the controversial Hells Canyon dam, the Mineral King ski resort, and the Trans-Alaska pipeline. The authors point out that resource development activities undertaken on public lands often receive financial advantages---preferential tax treatment, subsidized capital, and access to public resources---that are not taken into account in the costs of the project. True evaluation of the costs and benefits of a development project often tips the balance in favor of preserving an area in a natural state.

Publication:

Imprint:

Routledge

Returns:

Returnable

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