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Studies on Partial Equilibrium Approaches to Valuation of Environmental Amenities, Volume IV of Methods Development for Assessing Air Pollution Control Benefits
The volume includes two theoretical papers and two empirical papers which provide important qualification and extensions to the results described in earlier volumes. Previous volumes described experiments that were conducted in a partial equilibrium context. In the first paper (Chapter 2), W.R. Porter discusses the adjustments and changes in underlying assumptions that are required at a theoretical level to obtain the valuations in a general equilibrium context. In Chapter 3, Robert Jones and John Riley then discuss the effects on the valuations determined in a partial equilibrium context when consumers are uncertain about the health hazards associated with consumption. In Chapter 5, M.L. Cropper describes the results of a model of the variations in wages for assorted occupations across cities that is designed to establish an estimate of willingness to pay for environmental amenities. She finds that the valuation obtained from this model (of a general equilibrium context) accords closely with the valuations reported from the experiments in previous volumes. Finally, in Chapter 5, W.R. Porter and B.J. Hansen suggest some improvements in techniques used in the earlier experiments. They describe the results of an experiment they conducted to test a new method for removing the biases in bidding procedures designed to elicit one's true valuations for a public good.
The actual chapter titles are as follows:
- I. Introduction
1. Benefits Analysis
1. Benefits Analysis - Valuation
1. Benefits Analysis - Valuation - Stated Preference
1. Benefits Analysis - Valuation - Stated Preference - Contingent Valuation
1. Benefits Analysis - Valuation - Revealed Preference
1. Benefits Analysis - Valuation - Revealed Preference - Wage DifferentialEnvironmental Media:
a. Air - TroposphericAuthors:
Cropper, Maureen L.
Porter, William R.
Hansen, Berton J.
Jones, Robert A.
Riley, John G.EPA Project Officer/ Manager:
Carlin, AlanGeographic Area: United StatesStudy Purpose: Empirical Application, Methodology Development & EvaluationReport Series: Methods Development for Assessing Air Pollution Control Benefits
List of all reports in the Series:
- Participating Organizations
Wyoming, University of Address:
City: Laramie State: WY ZIP:
Environmental Protection Agency, Office of Research and Development, Office of Health and Ecological Effects Address:
City: Washington State: DC ZIP: 20460
- Report Details
FinalDate: 02/01/1979Number of Pages: 93EPA #:
- How to Obtain Report
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- Beginning through Chapter III (PDF, 414.2K, About PDF)
- Remainder of Chapter III (PDF, 488.4K, About PDF)
- Chapter IV to end of document (PDF, 235.2K, About PDF)
Date Linked: 05/28/2009
Other Ways to Obtain the Report:
You may be able to obtain this report by contacting the National Technical Information Service (NTIS):
By phone: 1-800-553-6847 or 703-605-6000;
By mail: NTIS, Department of Commerce, 5285 Port Royal Rd., Springfield, VA 22161;
By World Wide Web: [http://www.ntis.gov].
You will need the following NTIS report #: PB-293618
II. Public Goods Decisions Within the Context of a General Competitive Economy
III. The Value of learning about Consumption Hazards
IV. The Valuation of Locational Amenities: An Alternative to the Hedonic Price Approach
V. Valuation Revealing Guesses: A Report on the Experimental Testing of a Non-Market Valuation