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A Contingent Valuation Study of Lost Passive Use Values Resulting From the Exxon Valdez Oil Spill

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Author Info
Carson, R.T.
Mitchell, R.C.
Hanemann, W.M.
Kopp, R.J.
Presser, S.
Ruud, P.A.

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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 briefly discussed.

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File URL: http://mpra.ub.uni-muenchen.de/6984/
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Publisher Info
Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 6984.

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Date of creation: 1992
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Handle: RePEc:pra:mprapa:6984

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Related research
Keywords: contingent valuation; natural resource damage assessment;

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Find related papers by JEL classification:
Q51 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Valuation of Environmental Effects
Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters

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Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

  1. Jerry A. Hausman, 1979. "Individual Discount Rates and the Purchase and Utilization of Energy-Using Durables," Bell Journal of Economics, The RAND Corporation, vol. 10(1), pages 33-54, Spring. [Downloadable!] (restricted)
  2. Lawrance, Emily C, 1991. "Poverty and the Rate of Time Preference: Evidence from Panel Data," Journal of Political Economy, University of Chicago Press, vol. 99(1), pages 54-77, February. [Downloadable!] (restricted)
  3. Carson, Richard T. & Hanemann, W. Michael, 2006. "Contingent Valuation," Handbook of Environmental Economics, in: K. G. Mäler & J. R. Vincent (ed.), Handbook of Environmental Economics, edition 1, volume 2, chapter 17, pages 821-936 Elsevier. [Downloadable!] (restricted)
  4. Kahneman, Daniel & Knetsch, Jack L., 1992. "Valuing public goods: The purchase of moral satisfaction," Journal of Environmental Economics and Management, Elsevier, vol. 22(1), pages 57-70, January. [Downloadable!] (restricted)
  5. Anna Alberini & Richard T. Carson, 1990. "Choice of Thresholds for Efficient Binary Discrete Choice Estimation," University of California at San Diego, Economics Working Paper Series 90-34, Department of Economics, UC San Diego.
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  6. Hoehn, John P & Randall, Alan, 1989. "Too Many Proposals Pass the Benefit Cost Test," American Economic Review, American Economic Association, vol. 79(3), pages 544-51, June. [Downloadable!] (restricted)
  7. Smith, V. Kerry, 1992. "Arbitrary values, good causes, and premature verdicts," Journal of Environmental Economics and Management, Elsevier, vol. 22(1), pages 71-89, January. [Downloadable!] (restricted)
  8. Carson Richard T. & Mitchell Robert Cameron, 1995. "Sequencing and Nesting in Contingent Valuation Surveys," Journal of Environmental Economics and Management, Elsevier, vol. 28(2), pages 155-173, March. [Downloadable!] (restricted)
  9. Richard T. Carson & Nicholas E. Flores & W. Michael Hanemann, 1995. "The Creation and Destruction of Public Goods: The Matter of Sequencing," University of California at San Diego, Economics Working Paper Series 95-21, Department of Economics, UC San Diego.
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