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  Economics of Water

 

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The Economics of Water
Economic Theory

If you’re interested in understanding more of the theory behind economics as it is related to water, read this section. It gives a more detailed description of the actual economic practices used within many of the studies.


Economic Theory         Travel Cost Method


Economic Theory

Economics of Water - Definitions of Terms

Intermediate Material

Economics Research Supporting Water Resource Stewardship in the Pacific Northwest
    by Laurie L. Houston, Jeffrey D. Kline, and Ralph J. Alig

The Structure of Motivation for Contingent Values:  A Case Study of Lake Water Quality Improvement
    by Philip Cooper, Gregory L. Poe, and Ian J. Bateman

Fairness in the Contingent Valuation of Environmental Public Goods: Attitude Toward Paying for Environmental Improvements at Two Levels of Scope
    by Bradley S. Jorgensen et. al.

The Value of Water Levels in Water-Based Recreation: A Pooled Revealed Preference/Contingent Behavior Model
    by Mark E. Eiswerth et. al.

Advanced Material

On the Scarcity Value of Ecosystem Services
    by Amitrajeet A. Batabyal, James R. Kahn, and Robert V. O’Neill

A Dual Approach to Modeling Corner Solutions in Recreation Demand
    by Daniel J. Phaneuf

Measuring the Economic Benefits of Water Quality Improvement with Benefit Transfer: An Introduction for Noneconomists
    by Christopher Dumas, Peter Schuhmann, and John Whitehead

The Effect of Nesting Structure Specification on Welfare Estimation in a Random Utility Model of Recreation Demand:An Application to the Demand for Recreational Fishing
    by A. Brett Hauber and George R. Parsons


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Travel Cost Method

Economics of Water - Definitions of Terms

Intermediate Material

Toward a Value for Guided Rafting on Southern Rivers
    by J.M. Bowker, Donald B.K. English, and Jason A. Donovan

Valuing Water Quality Improvements Using Revealed Preference Methods When Corner Solutions Are Present
    by Daniel J. Phaneuf, Catherine L. Kling, and Joseph A. Herriges

Theoretical and Empirical Specifications: Issues in Travel Cost Demand Studies
    by Mary Jo Kealy and Richard C. Bishop

Advanced Material

The Travel Cost Model for Lake Recreation: A Comparison of Two Methods for incorporating Site Quality and Subsititution Effects
    by Peter P. Caulkins, Richard C. Bishop, and Nicolaas W. Bouwes, Sr.

A Revealed Preference Approach to the Measurement of Congestion in Travel Cost Models
    by Christopher Timminsa & Jennifer Murdock

A Dual Approach to Modeling Corner Solutions in Recreation Demand
    by Daniel J. Phaneuf

An Estimable Dynamic Model of Recreation Behavior with an Application to Great Lakes Angling
    by Bill Provencher and Richard C. Bishop

Valuing Nature-based Recreation in Public Natural Areas of the Apalachicola River Region, Florida
    by Ram K. Shrestha, Taylor V. Stein, and Julie Clark

Validation of Empirical Measures of Welfare Change: A Comparison of Nonmarket Techniques
    by Christine Seller, John R. Stoll, and Jean-Paul Chavas

A Comparison of Direct and Indirect Methods for Estimating Indirect Methods of Estimating Environmental Benefits
    by Michael Hanemann


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