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Item Details
Title: THE MEASUREMENT OF ENVIRONMENTAL AND RESOURCE VALUES
THEORY AND METHODS
By: A. Myrick Freeman III, Joseph A. Herriges, Catherine L. Kling
Format: Electronic book text

List price: £47.99


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ISBN 10: 131770391X
ISBN 13: 9781317703914
Publisher: TAYLOR & FRANCIS LTD
Pub. date: 5 June, 2014
Edition: 3rd New edition
Pages: 478
Synopsis: The first edition of this important work was the winner of the 2002 Publication of Enduring Quality award by the Association of Environmental and Resource Economists. The continuing premise for the book is that estimates of the economic values of environmental and natural resource services are essential for effective policy-making. As previous editions, the third edition, which includes two additional co-authors, presents a comprehensive treatment of the theory and methods involved in estimating environmental benefits. Researchers, policy-makers, and practitioners will welcome the work as an up-to-date reference on recent developments. Students will gain a better understanding of the contribution that economics as a discipline can make to decisions concerning pollution control and human health, recreation, environmental amenities, and other critical issues concerning the way we use and interact with environmental and natural resource systems. To reflect recent progress in both the theory and practice of non-market valuation, the third edition includes more details on empirical approaches to measurement, expanded discussion of the reasons for divergence between "willingness to pay" and "willingness to accept compensation," and increased coverage of econometric issues encountered in estimation. In keeping with its cutting edge orientation, it also includes more discussion of survey design, equilibrium sorting models, and the implications of behavioral economics for welfare measurements and benefit cost analysis.
Illustrations: 37 Line drawings, black and white; 2 Tables, black and white; 39
Publication: UK
Imprint: Routledge
Returns: Non-returnable
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