Abstract
We report on the results of a large-scale contingent valuation (CV) study conducted after the Exxon Valdez oil spill to assess the harm caused by it. Among the issues considered are the design features of the CV survey, its administration to a national sample of U.S. households, estimation of household willingness to pay to prevent another Exxon Valdez type oil spill, and issues related to reliability and validity of the estimates obtained. Events influenced by the study’s release are also brief y discussed.
Original language | English (US) |
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Title of host publication | The Stated Preference Approach to Environmental Valuation |
Subtitle of host publication | Volume III: Applications: Benefit-Cost Analysis and Natural Resource Damage Assessment |
Publisher | Taylor and Francis |
Pages | 423-452 |
Number of pages | 30 |
ISBN (Electronic) | 9781351881579 |
ISBN (Print) | 9780754623342 |
State | Published - Jan 1 2018 |
Externally published | Yes |
Keywords
- Natural resource damage assessment
ASJC Scopus subject areas
- Environmental Science(all)