Measuring Water Quality Benefits

V. Kerry Smith, William H. Desvousges (Autoren)

Buch | Softcover

328 Seiten

2011 | Softcover reprint of the original 1st ed. 1986
Springer (Verlag)
978-94-010-8374-4 (ISBN)

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Almost 5 years ago we began working together on research for the U.S. Environmental Protec tion Agency (EPA) to measure the benefits of water quality regulations. EPA had awarded a contract to Research Triangle Inst~ute (RTIl in response to a proposal that Bill wrote on measuring these benefits. After meeting with the EPA project officer, Dr Ann Fisher, the basic outlines of what would become this research were framed. Upon the suggestion of Bob Anderson, then chief of the Benefits Branch at EPA, we selected the Monongahela River as the focal point of a case study that would compare alternative benefit measurement approaches. Exactly how this case study would be done remained vague, but Ann urged that there be a survey and that nonuse benefits be included in the question naire design. Of course, Bill agreed. At the same time, Kerry was independently working on a review article that tied together some of the loose threads in the option value literature. He had also been thinking about how to measure option value, as well as working on ways to generalize the travel cost approach for estimating benefits of site attributes. Glenn Morris at RTI suggested that Bill have lunch with him and Kerry and that they could talk about Bill's research to see if there were any mutual interest. Over the lunch and Bill's ever present dessert in a Chapel Hill restaurant, we found out just how much we have in common.

1 Measuring Water Quality Benefits: An Introduction.- 1.1 Background.- 1.2 Regulation: An Overview.- 1.3 Objectives.- 1.4 Preview.- 1.5 References.- 2 The Conceptual Basis of Benefits Estimation.- 2.1 Introduction.- 2.2 A Brief Review of the Conventional Theory of Benefits Measurement.- 2.3 The Treatment of Nonuse Values and Uncertainty in Benefit Analysis.- 2.4 Measuring the Benefits Associated with Changes in Environmental Amenities: An Overview.- 2.5 Benefit Measurement Approaches Considered in This Study.- 2.6 Summary.- 2.7 References.- Appendix: Analytical Background for Valuation Under Uncertainty.- 3 Survey Design.- 3.1 Introduction.- 3.2 The Monongahela River Basin.- 3.3 Sampling Plan.- 3.4 Survey Plan.- 3.5 References.- Appendix: Interviewer Debriefing.- 4 Contingent Valuation Design and Results: Option Price and Use Values.- 4.1 Introduction.- 4.2 Design Issues and Contingent Valuation.- 4.3 Questionnaire Design.- 4.4 Profiles of Survey Respondents.- 4.5 Protest and Outlying Bids.- 4.6 Distribution of Option Price Responses.- 4.7 Mean Option Price Responses.- 4.8 Test Findings: Starting Point and Interviewer Biases.- 4.9 Use Value Results.- 4.10 Implications.- 4.11 References.- Appendix: Additional Empirical Results.- 5 Measuring Option Value.- 5.1 Introduction.- 5.2 Recent Estimates of Option Values.- 5.3 Measuring Option Value: Survey Design.- 5.4 Survey Results—Option Value.- 5.5 Summary.- 5.6 References.- 6 The Contingent Ranking Method and Benefit Estimation.- 6.1 Introduction.- 6.2 The Random Utility Model of Consumer Behavior with Discrete Choices.- 6.3 Estimation of Random Utility Models with Ordered Alternatives.- 6.4 Contingent Ranking and Valuing Public Goods.- 6.5 Applications of Contingent Ranking Method.- 6.6 Monongahela Contingent RankingExperiment: Design and Estimates.- 6.7 Benefit Estimates with Contingent Ranking Models.- 6.8 Implications and Further Research.- 6.9 References.- 7 The Travel Cost Approach to Recreation Demand Modeling: An Introduction.- 7.1 Introduction.- 7.2 The Household Production Framework and Recreation Demand Models.- 7.3 The Opportunity Costs of Time.- 7.4 Measuring Site Usage.- 7.5 Heterogeneous Recreation Sites and Site Characteristics.- 7.6 Summary.- 7.7 References.- 8 Travel Cost Model: Data Sources and Variable Measures.- 8.1 Introduction.- 8.2 Sources of Data.- 8.3 Survey Issues.- 8.4 Data Character.- 8.5 Site Profile.- 8.6 Congestion at U.S. Army Corps of Engineers Sites.- 8.7 Water Quality.- 8.8 Users.- 8.9 Profile of Activities at the Corps Sites.- 8.10 Summary.- 8.11 References.- 9 Generalized Travel Cost Model.- 9.1 Introduction.- 9.2 Implementing the Generalized Travel Cost Model.- 9.3 Estimating the Generalized Travel Cost Model.- 9.4 Valuing Water Quality Changes.- 9.5 Summary.- 9.6 References.- 10 Comparing Direct and Indirect Benefit Estimation Approaches.- 10.1 Introduction.- 10.2 Past Comparisons of Benefit Estimation Approaches: A Review.- 10.3 A Comparison of the Generalized Travel Cost Model and Contingent Valuation.- 10.4 A Comparison of a Simple Travel Cost Model and Contingent Valuation.- 10.5 Comparisons of Benefit Estimation Approaches: Some Interpretations.- 10.6 References.- 11 Research Issues in Benefit Estimation.- 11.1 Introduction.- 11.2 Our Findings: A Perspective.- 11.3 Measuring Nonuse Values.- 11.4 Site Attributes and Recreation Demand.- 11.5 Contingent Valuation Versus Indirect Methods for Benefit Estimation.- 11.6 Benefits Transfer.- 11.7 Prognosis.- 11.8 References.- Appendix A: Survey Questionnaire as Administered During the MonongahelaRiver Basin Survey.

Reihe/Serie	International Series in Economic Modelling ; 3
Zusatzinfo	XVI, 328 p.
Verlagsort	Dordrecht
Sprache	englisch
Maße	152 x 223 mm
Themenwelt	Naturwissenschaften ► Biologie ► Ökologie / Naturschutz
Themenwelt	Wirtschaft ► Volkswirtschaftslehre ► Ökonometrie
ISBN-10	94-010-8374-6 / 9401083746
ISBN-13	978-94-010-8374-4 / 9789401083744
Zustand	Neuware