Environmental Economics

Survey of Methodologies for Valuing Externalities and Public Goods

The purpose of this report is to explain and evaluate six different methodologies for the valuation of externalities and public goods with respect to natural resources and the ecosystem. The six methodologies are: 1) general systems analysis, 2) the social fabric matrix, 3) direct cost, 4) contingent valuation, 5) travel cost, and 6) the property approach. The explanation and analysis contained in this report intends to determine their applicability to a broad definition of an ecosystem or socioecosystem.

  • Keywords

    Subject:
    1. Benefits Analysis
    1. Benefits Analysis - Quantification without Monetization
    1. Benefits Analysis - Valuation - Stated Preference
    1. Benefits Analysis - Valuation - Stated Preference - Contingent Valuation
    1. Benefits Analysis - Valuation
    1. Benefits Analysis - Valuation - Revealed Preference
    1. Benefits Analysis - Valuation - Revealed Preference - Property Value
    1. Benefits Analysis - Valuation - Cost of Damages Avoided
    1. Benefits Analysis - Valuation - Revealed Preference - Travel Cost
    1. Benefits Analysis - Valuation - Revealed Preference - Consumption Choices
    1. Benefits Analysis - Valuation - Cost of Damages Avoided - Resource/Environmental Harms
    Environmental Media:
    f. Multimedia
    Authors:
    Hayden, F. Gregory
    EPA Project Officer/ Manager:
    Geographic Area:
    Study Purpose:
    Methodology Development & Evaluation
    Inventory Record #: EE-0263
  • Participating Organizations

    Research Organization:

    Nebraska, University of,
    Department of Economics
    Address:
    City: Lincoln State: Nebraska ZIP:
    Phone: Fax:
    E-mail:
    Funding Organization:
    Environmental Protection AgencyAddress:
    City: State: ZIP:
    Phone: Fax:
    E-mail:
  • Report Details
    Type:
    Final
    Date:
    09/01/1989
    Number of Pages:
    114
    Comment:
    Grant/Contract #:
    68-01-7363
  • How to Obtain Report


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    Date Linked: 05/28/2009