@article{19c15bf8d05f41c187f5164597e1c5de,
title = "Estimates of the option values for water quality improvements",
abstract = "This paper presents estimates of the option values associated with increased oppurtunities for outdoor recreation resulting from improved water quality. The estimates are based on a 1981 survey of 301 households in the Pennsylvania Monongahela River Basin.",
author = "Smith, {V. Kerry} and Desvousges, {William H.} and Ann Fisher",
note = "Funding Information: * This research was supported under U.S. Environmental Protection Agency Contract no. 68015838. Thanks are due to Matthew P. McGivney for research assistance. The views expressed in this paper are those of the authors, and not of their institutions or of the funding institution. {\textquoteright} Intrinsic benefits are measures of the dollar {\textquoteleft} value{\textquoteright} individuals realize from environmen-tal amenities (or from improvements in their quality) in addition to those associated with direct or expected patterns of use. For example, Mitchell and Carson (1981) estimates of the intrinsic benefits for an improvement in water quality nationwide indicate that these benefits are about 45 percent of recreationists{\textquoteright} annual willingness to pay for fishable",
year = "1983",
doi = "10.1016/0165-1765(83)90016-2",
language = "English (US)",
volume = "13",
pages = "81--86",
journal = "Economics Letters",
issn = "0165-1765",
publisher = "Elsevier",
number = "1",
}