Valuation Methods and Policy Making in Environmental Economics, Selected and integrated papers from the Congress “Environmental Policy in a Market Economy”

This volume considers, in depth, some valuation methods and aspects of cost benefit analysis, and policy making in environmental economics. Part I contains a number of contingent valuation studies for non-market assets. Part II consists of contributions on the valuation of health and life, and deals with the benefits of reduced morbidity from air pollution control. In Part III, cost benefit analysis for environmental policy-making is discussed in a disequilibrium setting, and in a macroeconomic context. Finally, Part IV deals with aspects of policy-making, particularly benefit estimation for complex policies, and the international aspects of transboundary air pollution in Europe. The book should not only appeal to students and researchers in university departments of economics and ``environmental sciences'' but also to those working in public organisations and associated advisory institutes which are concerned with environmental problems. Content: Edited by Page iii Copyright page Page iv Dedication Page v Preface Pages vii-viii Henk Folmer Chapter 1 Valuation Methods and Policy Making in Environmental Economics: Relevance and Scope Original Research Article Pages 1-11 Henk Folmer, Ekko van Ierland Chapter 2 Non-Market Asset Prices: A Comparison of Three Valuation Approaches Original Research Article Pages 15-36 Ralph C. d'Arge, Jason F. Shogren Chapter 3 Valuing Public Goods in a Risky World: An Experiment Original Research Article Pages 37-48 Per-Olov Johansson Chapter 4 Recreational Values, Pareto Optimality and Timber Supply Original Research Article Pages 49-68 Per-Olov Johansson, Karl-Gustaf Löfgren, Karl-Göran Mäler Chapter 5 Estimating Social Benefits of Environmental Improvements from Reduced Acid Depositions: A Contingent Valuation Survey Original Research Article Pages 69-102 Ståle Navrud Chapter 6 Benefits of Reduced Morbidity from Air Pollution Control: A Survey Original Research Article Pages 105-122 Mark Dickie, Shelby Gerking Chapter 7 Valuing A Public Good: Direct and Indirect Valuation Approaches to the Measurement of the Benefits from Pollution Abatement Original Research Article Pages 123-137 Mordechai Shechter, Moshe Kim, Lorette Golan Chapter 8 Environmental Regulation and the Valuation of Life: Interindustry Mobility and the Market Price of Safety Original Research Article Pages 139-157 Henry W. Herzog Jr., Alan M. Schlottmann Chapter 9 Disequilibrium Cost-Benefit Rules: An Exposition and Extension Original Research Article Pages 161-186 Per-Olov Johansson, Karl-Gustaf Lofgren Chapter 10 Macroeconomic Cost-Benefit Analysis of Environmental Programmes Original Research Article Pages 187-216 Andries Nentjes Chapter 11 Benefit Estimation for Complex Policies Original Research Article Pages 219-229 Alan Randall, John Hoehn Chapter 12 The Acid Rain Game Original Research Article Pages 231-252 Karl-Göran Maler Index Pages 253-259 This volume considers, in depth, some valuation methods and aspects of cost benefit analysis, and policy making in environmental economics. Part I contains a number of contingent valuation studies for non-market assets. Part II consists of contributions on the valuation of health and life, and deals with the benefits of reduced morbidity from air pollution control. In Part III, cost benefit analysis for environmental policy-making is discussed in a disequilibrium setting, and in a macroeconomic context. Finally, Part IV deals with aspects of policy-making, particularly benefit estimation for complex policies, and the international aspects of transboundary air pollution in Europe.

The book should not only appeal to students and researchers in university departments of economics and ``environmental sciences'' but also to those working in public organisations and associated advisory institutes which are concerned with environmental problems.

This volume considers, in depth, some valuation methods and aspects of cost benefit analysis, and policy making in environmental economics. Part I contains a number of contingent valuation studies for non-market assets. Part II consists of contributions on the valuation of health and life, and deals with the benefits of reduced morbidity from air pollution control. In Part III, cost benefit analysis for environmental policy-making is discussed in a disequilibrium setting, and in a macroeconomic context. Finally, Part IV deals with aspects of policy-making, particularly benefit estimation for complex policies, and the international aspects of transboundary air pollution in Europe. The book should not only appeal to students and researchers in university departments of economics and è̀nvironmental sciences'' but also to those working in public organisations and associated advisory institutes which are concerned with environmental problems