Environmental Economics

Economic Valuation of Beach Erosion Control

In this study, the authors employ a choice-based conjoint survey design to elicit individual choices of beach erosion control programs that can potentially cause multiple effects on beach environment. Two empirical choice models which incorporate individual heterogeneity, are used to analyze and compare the elicited individual choices of erosion control programs. The results show that to a typical individual, both the positive and negative impacts of the programs affect his/her choices. the authors find that the economic benefit of an erosion control program to preserve a stretch of sand beach can be grossly exaggerated if potential negative impacts on the coastal environment from the same program are not considered. This study, they believe, demonstrates feasible comparisons of beach erosion control programs that account for their multiple effects as well as the demographics of program locations.

  • Keywords

    Subject:
    1. Benefits Analysis
    1. Benefits Analysis - Valuation
    1. Benefits Analysis - Valuation - Stated Preference
    1. Benefits Analysis - Valuation - Stated Preference - Non-contingent Valuation
    Environmental Media:
    c. Land
    c. Land - Other
    Authors:
    Huang, Ju-Chin
    Poor, P. Joan
    Zhao, Min Qiang
    EPA Project Officer/ Manager:
    Geographic Area:
    Maine, New Hampshire
    Study Purpose:
    Empirical Application, Data Development
    Inventory Record #: EE-0502
  • Participating Organizations

    Research Organization:

    Environmental Protection Agency, Office of Policy, Economics, and Innovation, National Center for Environmental Economics, St. Mary's College of Maryland, and Ohio State UniversityAddress:
    City: State: ZIP:
    Phone: Fax:
    E-mail:
  • Report Details
    Type:
    Final
    Date:
    10/19/2006
    Number of Pages:
    33
    Comment:
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    Date Linked: 05/28/2009