Environmental Economics

Benefit Methodologies Applied to Hazardous Waste, Volume I of Research and Demonstration of Improved Methods for Carrying Out Benefit-Cost Analysis of Individual Regulations

The purpose of the series, of which this is the first volume, is to develop improved methods for carrying out benefit-cost analyses of individual environmental regulations. The series focuses on the benefits of controlling toxic pollutants, rather than the costs, and uses case studies of individual pollutants as a means of integrating the theory and the empirical issues. In this, the first volume, the case of controlling hazardous waste at landfill sites in Massachusetts is used to provide an empirical context in which to compare methodologies. The first part of this volume discusses the hedonic housing method to estimate benefits of hazardous waste cleanup. The second part uses scientific risk assessment to estimate those benefits, and the third part uses the averting cost method. The study compares the estimates of willingness to pay that result from these methods.
The detailed table of contents for this volume is as follows:


    PART 1. USING THE HEDONIC HOUSING VALUE METHOD TO ESTIMATE THE BENEFITS OF HAZARDOUS WASTE CLEANUP


      I. Introduction
      II. Conceptual Background
      III. Data and Empirical Strategy
      IV. Results
      V. Conclusions

    PART 2. USING THE RISK ASSESSMENT METHOD TO ESTIMATE THE BENEFITS OF HAZARDOUS WASTE CLEANUP

      I. Introduction
      II. Background
      III. Source Estimation
      IV. Transport
      V. Exposure
      VI. Risk Estimation
      VII. Valuation of Benefits of Control
      VIII. Limitations

    PART 3. USING THE AVERTING COST METHOD TO ESTIMATE THE BENEFITS OF HAZARDOUS WASTE CLEANUP

      I. Introduction
      II. Conceptual Framework
      III. Acton Case Study
      IV. Conclusions
See above under List of All Reports in the Series for links to the other volumes in this series.
  • Keywords

    Subject:
    1. Benefits Analysis
    1. Benefits Analysis - Quantification without Monetization
    1. Benefits Analysis - Valuation - Revealed Preference
    1. Benefits Analysis - Valuation - Revealed Preference - Property Value
    1. Benefits Analysis - Valuation
    1. Benefits Analysis - Valuation - Revealed Preference - Consumption Choices
    Environmental Media:
    c. Land
    c. Land - Solid Waste/RCRA
    c. Land - Superfund/CERCLA
    Authors:
    Harrison Jr., David
    EPA Project Officer/ Manager:
    Provenzano, George
    Geographic Area:
    Massachusetts
    Study Purpose:
    Empirical Application, Methodology Development & Evaluation, Methodology Guidelines
    Report Series:
    Research and Demonstration of Improved Methods for Carrying Out Benefit-Cost Analysis of Individual Regulations
    Inventory Record #: EE-0269A
    List of all reports in the Series:
  • Participating Organizations

    Research Organization:

    Harvard University,
    John F. Kennedy School of Government,
    Energy and Environmental Policy Center
    Address:
    City: Cambridge State: Massachusetts ZIP: 02138
    Phone: Fax:
    E-mail:
    Funding Organization:
    Environmental Protection Agency, Office of Policy, Planning and EvaluationAddress:
    City: Washington State: DC ZIP: 20460
    Phone: Fax:
    E-mail:
  • Report Details
    Type:
    Final
    Date:
    11/01/1984
    Number of Pages:
    249
    Comment:
    Grant/Contract #:
    R809702-01
  • How to Obtain Report


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    Date Linked: 05/28/2009