External Costs of Coastal Beach Pollution

An Hedonic Approach

Nonfiction, Science & Nature, Science, Biological Sciences, Environmental Science
Cover of the book External Costs of Coastal Beach Pollution by Elizabeth A. Wilman, Taylor and Francis
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Author: Elizabeth A. Wilman ISBN: 9781317364757
Publisher: Taylor and Francis Publication: September 16, 2015
Imprint: Routledge Language: English
Author: Elizabeth A. Wilman
ISBN: 9781317364757
Publisher: Taylor and Francis
Publication: September 16, 2015
Imprint: Routledge
Language: English

In this title, originally published in 1984, Wilman develops and 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. Combining an oil-spill risk analysis model with an hedonic pricing model to generate estimates of beach pollution costs associated with offshore oil development, Wilman makes possible for the first time a rational judgement regarding whether the benefits of developing offshore oil outweigh the costs. This book is a valuable resource for students interested in environmental studies and Wilman’s methodological approach can be used to value other nonmarket resource services in any area.

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In this title, originally published in 1984, Wilman develops and 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. Combining an oil-spill risk analysis model with an hedonic pricing model to generate estimates of beach pollution costs associated with offshore oil development, Wilman makes possible for the first time a rational judgement regarding whether the benefits of developing offshore oil outweigh the costs. This book is a valuable resource for students interested in environmental studies and Wilman’s methodological approach can be used to value other nonmarket resource services in any area.

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