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OverviewIn 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. Full Product DetailsAuthor: Elizabeth A. WilmanPublisher: Taylor & Francis Ltd Imprint: Routledge Weight: 0.521kg ISBN: 9781138948181ISBN 10: 1138948187 Pages: 194 Publication Date: 31 July 2015 Audience: College/higher education , Professional and scholarly , Tertiary & Higher Education , Professional & Vocational Format: Hardback Publisher's Status: Active Availability: In Print ![]() This item will be ordered in for you from one of our suppliers. Upon receipt, we will promptly dispatch it out to you. For in store availability, please contact us. Table of ContentsPreface; List of Tables; List of Figures; 1. Perspectives on the Problem 2. Introduction to the Case Study: Pollution Externalities Affecting Recreational Beaches on Cape Cod and Martha’s Vineyard 3. The Hedonic Pricing Model 4. The Oil Spill Risk Analysis Model 5. Dealing with Risk and Uncertainty 6. The Econometric Analysis of the Hedonic Model 7. Combining the Results of the Hedonic Model and the Risk Analysis Model 8. Conclusions and Recommendations; Appendix A, Appendix B, Appendix C, Appendix D, Appendix E; IndexReviewsAuthor InformationElizabeth A. Wilman Tab Content 6Author Website:Countries AvailableAll regions |