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The Value of Disappearing Beaches: A hedonic pricing model with endogenous beach width

Author

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  • Gopalakrishnan, Sathya
  • Smith, Martin D.
  • Slott, Jordan M.
  • Murray, A. Brad

Abstract

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Suggested Citation

  • Gopalakrishnan, Sathya & Smith, Martin D. & Slott, Jordan M. & Murray, A. Brad, 2009. "The Value of Disappearing Beaches: A hedonic pricing model with endogenous beach width," 2009 Annual Meeting, July 26-28, 2009, Milwaukee, Wisconsin 49261, Agricultural and Applied Economics Association.
  • Handle: RePEc:ags:aaea09:49261
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    File URL: http://purl.umn.edu/49261
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    References listed on IDEAS

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    1. Mahul, Olivier & Gohin, Alexandre, 1999. "Irreversible Decision Making in Contagious Animal Disease Control under Uncertainty: An Illustration Using FMD in Brittany," European Review of Agricultural Economics, Foundation for the European Review of Agricultural Economics, vol. 26(1), pages 39-58, March.
    2. Richard Bennett & Jos IJpelaar, 2005. "Updated Estimates of the Costs Associated with Thirty Four Endemic Livestock Diseases in Great Britain: A Note," Journal of Agricultural Economics, Wiley Blackwell, vol. 56(1), pages 135-144.
    3. Helen H. Jensen, 2005. "Infectious Disease, Productivity, and Scale in Open and Closed Animal Production Systems," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 87(4), pages 900-917.
    4. Richard Bennett, 2003. "The 'Direct Costs'of Livestock Disease: The Development of a System of Models for the Analysis of 30 Endemic Livestock Diseases in Great Britain," Journal of Agricultural Economics, Wiley Blackwell, vol. 54(1), pages 55-71.
    5. David A. Hennessy, 2007. "Behavioral Incentives, Equilibrium Endemic Disease, and Health Management Policy for Farmed Animals," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 89(3), pages 698-711.
    6. Shogren, Jason F. & Crocker, Thomas D., 1999. "Risk and Its Consequences," Journal of Environmental Economics and Management, Elsevier, vol. 37(1), pages 44-51, January.
    7. Benjamin M. Gramig & Richard D. Horan & Christopher A. Wolf, 2008. "Livestock Disease Indemnity Design When Moral Hazard Is Followed by Adverse Selection," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 91(3), pages 627-641.
    8. Bicknell, Kathryn & Wilen, James E. & Howitt, Richard E., 1999. "Public policy and private incentives for livestock disease control," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 43(4), December.
    9. Shapiro, Carl & Stiglitz, Joseph E, 1984. "Equilibrium Unemployment as a Worker Discipline Device," American Economic Review, American Economic Association, vol. 74(3), pages 433-444, June.
    10. David A. Hennessy, 2005. "Biosecurity and Infectious Animal Disease," Center for Agricultural and Rural Development (CARD) Publications 05-wp413, Center for Agricultural and Rural Development (CARD) at Iowa State University.
    11. Karl M. Rich & Alex Winter-Nelson, 2007. "An Integrated Epidemiological-Economic Analysis of Foot and Mouth Disease: Applications to the Southern Cone of South America," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 89(3), pages 682-697.
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    More about this item

    Keywords

    beach nourishment; beach width; erosion; hedonic; non-market valuation; morpho-economics; Environmental Economics and Policy; Resource /Energy Economics and Policy; Q24; Q51; Q54;

    JEL classification:

    • Q24 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Land
    • 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 and their Management; Global Warming

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