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Uncertainty, benefit-cost analysis, and the treatment of option value

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  • Smith, V. Kerry

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  • Smith, V. Kerry, 1987. "Uncertainty, benefit-cost analysis, and the treatment of option value," Journal of Environmental Economics and Management, Elsevier, vol. 14(3), pages 283-292, September.
    • Handle: RePEc:eee:jeeman:v:14:y:1987:i:3:p:283-292
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    Cited by:

    1. Jinhua Zhao & Catherine L. Kling, 2009. "Welfare Measures when Agents can Learn: A Unifying Theory," Economic Journal, Royal Economic Society, vol. 119(540), pages 1560-1585, October.
    2. Enrico Saltari & Giuseppe Travaglini, 2017. "Optimal waste control with abatement capital," Journal of Evolutionary Economics, Springer, vol. 27(5), pages 1157-1180, November.
    3. Helfand, Gloria E. & Berck, Peter & Maull, Tim, 2003. "The theory of pollution policy," Handbook of Environmental Economics, in: K. G. Mäler & J. R. Vincent (ed.), Handbook of Environmental Economics, edition 1, volume 1, chapter 6, pages 249-303, Elsevier.
    4. Catherine Kling, 1993. "An assessment of the empirical magnitude of option values for environment goods," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 3(5), pages 471-485, October.
    5. Richard T. Carson, 2011. "Contingent Valuation," Books, Edward Elgar Publishing, number 2489.
    6. Takao Asano, 2010. "Precautionary Principle and the Optimal Timing of Environmental Policy Under Ambiguity," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 47(2), pages 173-196, October.
    7. Rose, Roger & Cox, Anthony, 1991. "Australia's natural resources: optimising present and future use," Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES) Archive 316171, Australian Government, Australian Bureau of Agricultural and Resource Economics and Sciences.
    8. Ronald Cummings & Glenn Harrison, 1995. "The measurement and decomposition of nonuse values: A critical review," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 5(3), pages 225-247, April.
    9. Cameron, Trudy Ann & Englin, Jeffrey, 1990. "Existence, Option, And User Demands For Nonmarket Resources," 1990 Annual meeting, August 5-8, Vancouver, Canada 270854, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    10. Enrico Saltari & Giuseppe Travaglini, 2013. "Optimal Waste Control with Abatement and Productive Capital Stocks," Working Papers 1301, University of Urbino Carlo Bo, Department of Economics, Society & Politics - Scientific Committee - L. Stefanini & G. Travaglini, revised 2013.
    11. Kevin Berry & Jude Bayham & Spencer R. Meyer & Eli P. Fenichel, 2018. "The Allocation of Time and Risk of Lyme: A Case of Ecosystem Service Income and Substitution Effects," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 70(3), pages 631-650, July.

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