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Option Demand and Consumer's Surplus: Valuing Price Changes under Uncertainty

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  • Schmalensee, Richard

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Bibliographic Info

Article provided by American Economic Association in its journal American Economic Review.

Volume (Year): 62 (1972)
Issue (Month): 5 (December)
Pages: 813-24

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Handle: RePEc:aea:aecrev:v:62:y:1972:i:5:p:813-24

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Cited by:
  1. Coggins, Jay S. & Ramezani, Cyrus A., 1998. "An Arbitrage-Free Approach to Quasi-Option Value," Journal of Environmental Economics and Management, Elsevier, vol. 35(2), pages 103-125, March.
  2. Chichilnisky, Graciela & Beltratti, Andrea & Heal, Geoffrey, 1998. "Uncertain future preferences and conservation," MPRA Paper 7912, University Library of Munich, Germany.
  3. Kirby, Michael G. & Blyth, Michael J., 1987. "Economic Aspects Of Land Degradation In Australia," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 31(02), August.
  4. Olsen, Graeme, 1975. "Option Value," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 19(03), December.
  5. Coggins, Jay S. & Ramezani, Cyrus A., 1996. "AN ARBITRAGE-FREE APPROACH TO QUASI-OPTION VALUE; Proceedings of the Fifth Joint Conference on Agriculture, Food, and the Environment, June 17-18, 1996, Padova, Italy," Working Papers 14469, University of Minnesota, Center for International Food and Agricultural Policy.
  6. Catherine Kling, 1993. "An assessment of the empirical magnitude of option values for environment goods," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 3(5), pages 471-485, October.
  7. David P. Baron, 1978. "Price Regulation, Quality, and Asymmetric Information," Discussion Papers 359, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
  8. David A. Graham, 1977. "Cost-Benefit Analysis Under Uncertainty," NBER Working Papers 0194, National Bureau of Economic Research, Inc.
  9. Hanemann, W. Michael, 1984. "On Reconciling Different Concepts of Option Value," Department of Agricultural & Resource Economics, UC Berkeley, Working Paper Series qt81w7290x, Department of Agricultural & Resource Economics, UC Berkeley.
  10. Graham-Tomasi, Theodore & Myers, Robert J., 1989. "On Supply Side Option Value," Staff Papers 13341, University of Minnesota, Department of Applied Economics.

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