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Information and the Dynamics of Environmental Protection: The Concept of the Critical Period

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  • Fisher, Anthony
  • Hanemann, W.

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Suggested Citation

  • Fisher, Anthony & Hanemann, W., 1986. "Information and the Dynamics of Environmental Protection: The Concept of the Critical Period," CUDARE Working Papers 198351, University of California, Berkeley, Department of Agricultural and Resource Economics.
    • Handle: RePEc:ags:ucbecw:198351
    DOI: 10.22004/ag.econ.198351
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    File URL: https://ageconsearch.umn.edu/record/198351/files/agecon-cal-420.pdf
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    References listed on IDEAS

    as
    1. Kenneth J. Arrow & Robert C. Lind, 1974. "Uncertainty and the Evaluation of Public Investment Decisions," Palgrave Macmillan Books, in: Chennat Gopalakrishnan (ed.), Classic Papers in Natural Resource Economics, chapter 3, pages 54-75, Palgrave Macmillan.
    2. A. Myrick Freeman III, 1984. "The Sign and Size of Option Value," Land Economics, University of Wisconsin Press, vol. 60(1), pages 1-13.
    3. Kenneth J. Arrow & Anthony C. Fisher, 1974. "Environmental Preservation, Uncertainty, and Irreversibility," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 88(2), pages 312-319.
    4. Claude Henry, 1974. "Investment decisions under uncertainty: The "irreversibility effect"," ULB Institutional Repository 2013/327343, ULB -- Universite Libre de Bruxelles.
    5. Epstein, Larry G, 1980. "Decision Making and the Temporal Resolution of Uncertainty," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 21(2), pages 269-283, June.
    6. Richard C. Bishop, 1982. "Option Value: An Exposition and Extension," Land Economics, University of Wisconsin Press, vol. 58(1), pages 1-15.
    7. Schmalensee, Richard, 1972. "Option Demand and Consumer's Surplus: Valuing Price Changes under Uncertainty," American Economic Review, American Economic Association, vol. 62(5), pages 813-824, December.
    8. Graham, Daniel A, 1981. "Cost-Benefit Analysis under Uncertainty," American Economic Review, American Economic Association, vol. 71(4), pages 715-725, September.
    9. Henry, Claude, 1974. "Investment Decisions Under Uncertainty: The "Irreversibility Effect."," American Economic Review, American Economic Association, vol. 64(6), pages 1006-1012, December.
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    Cited by:

    1. Kozloff, Keith & Taff, Steven J., 1990. "Perspectives On Competitive Bidding: Retirement Of Environmentally Sensitive Farmland," Staff Papers 13822, University of Minnesota, Department of Applied Economics.

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    Keywords

    Environmental Economics and Policy;

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