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Measuring Water Quality Benefits

  • V. Kerry Smith
  • William H. Desvousges

Part of the International Series in Economic Modeling book series (INSEM, volume 3)

Table of contents

  1. Front Matter
    Pages i-xv
  2. V. Kerry Smith, William H. Desvousges
    Pages 1-11
  3. V. Kerry Smith, William H. Desvousges
    Pages 13-52
  4. V. Kerry Smith, William H. Desvousges
    Pages 53-69
  5. V. Kerry Smith, William H. Desvousges
    Pages 71-120
  6. V. Kerry Smith, William H. Desvousges
    Pages 121-144
  7. V. Kerry Smith, William H. Desvousges
    Pages 145-180
  8. V. Kerry Smith, William H. Desvousges
    Pages 181-207
  9. V. Kerry Smith, William H. Desvousges
    Pages 209-235
  10. V. Kerry Smith, William H. Desvousges
    Pages 237-260
  11. V. Kerry Smith, William H. Desvousges
    Pages 261-277
  12. V. Kerry Smith, William H. Desvousges
    Pages 279-301
  13. Back Matter
    Pages 303-327

About this book

Introduction

Almost 5 years ago we began working together on research for the U.S. Environmental Protec­ tion Agency (EPA) to measure the benefits of water quality regulations. EPA had awarded a contract to Research Triangle Inst~ute (RTIl in response to a proposal that Bill wrote on measuring these benefits. After meeting with the EPA project officer, Dr Ann Fisher, the basic outlines of what would become this research were framed. Upon the suggestion of Bob Anderson, then chief of the Benefits Branch at EPA, we selected the Monongahela River as the focal point of a case study that would compare alternative benefit measurement approaches. Exactly how this case study would be done remained vague, but Ann urged that there be a survey and that nonuse benefits be included in the question­ naire design. Of course, Bill agreed. At the same time, Kerry was independently working on a review article that tied together some of the loose threads in the option value literature. He had also been thinking about how to measure option value, as well as working on ways to generalize the travel cost approach for estimating benefits of site attributes. Glenn Morris at RTI suggested that Bill have lunch with him and Kerry and that they could talk about Bill's research to see if there were any mutual interest. Over the lunch and Bill's ever present dessert in a Chapel Hill restaurant, we found out just how much we have in common.

Keywords

calculus environment production public goods valuation

Authors and affiliations

  • V. Kerry Smith
    • 1
  • William H. Desvousges
    • 2
  1. 1.Vanderbilt UniversityNashvilleUSA
  2. 2.Research Triangle InstituteUSA

Bibliographic information

  • DOI https://doi.org/10.1007/978-94-009-4223-3
  • Copyright Information Springer Science+Business Media B.V. 1986
  • Publisher Name Springer, Dordrecht
  • eBook Packages Springer Book Archive
  • Print ISBN 978-94-010-8374-4
  • Online ISBN 978-94-009-4223-3
  • Series Print ISSN 0924-5235
  • Buy this book on publisher's site
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