External Costs of Coastal Beach Pollution - 9781138948181

Name: External Costs of Coastal Beach Pollution - 9781138948181
Brand: Taylor & Francis

Taylor & Francis

External Costs of Coastal Beach PollutionAn Hedonic Approach\nAuthor(s): Elizabeth A. Wilman\nFormat: Hardback\nPublisher: Taylor & Francis Ltd, United Kingdom\nImprint: Routledge\nISBN-13: 9781138948181, 978-1138948181\nSynopsis\nIn 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 Wilmans methodological approach can be used to value other nonmarket resource services in any area.