The economic theory and measurement of environmental benefits /
Johansson, Per-Olov,
The economic theory and measurement of environmental benefits / Per-Olov Johansson. - Cambridge [Cambridgeshire] ; New York : Cambridge University Press, c1987. - x, 223 p. : ill. ; 24 cm.
1. INTRODUCTION
2. SOME BASIC CONCEPTS
1 The utility function
2 Utility maximization
3 Demand functions
4 The indirect utility function
5 The Expenditure function
3. THE CONCEPT OF CONSUMER SURPLUS
1 Money Measures and areas under ordinary demand curves
2 Path-independency conditions and the constancy of the marginal utility of income
3 The Compensating and equivalent variations
4 Two examples
4. TOPICS IN THE THEORY OF CONSUMER SURPLUS MEASURES
1 A Comparison of different money measures of utility change
2 A aggregation over individuals
3 Estimation of consumer Surplus
5. CONSUMER SURPLUS MEASURES IN QUANTITY-CONSTRAINED REGIMES
1 Quantity-constrained utility maximization
2 Consumer's surplus under rationing
3 An example
4 Compensating and equivalent variations in quantity-constrained situations
5 Some further results
6. PUBLIC GOOD AND EXTERNALITIES IN CONSUMPTION
1 A utility maximizing household consuming private and public goods
2 Public goods and uncompensated money measures of utility change
3 Compensating and equivalent variations
4 On the properties of money measures
5 External effects, quality changes, and market data
7. HOW TO OVERCOME THE PROBLEM OF PREFERENCE REVELATION: PRACTICAL METHODOLOGIES
1 Survey data
2 A Study based on the biding technique
3 Hedonic prices
4 A Property value study
5 A Comparison of survey and hedonic approaches, etc
8. DISCRETE CHOICE MODELS AND ENVIRONMENTAL BENEFITS
1 Behavior functions when some good are mutually exclusive
2 Critical price levels and corner solutions
3 Consumer surplus measures in the discrete choice case
4 The critical price level and the choice of measures
5 On the relevance of the travel cost method
9. CONSUMER'S SURPLUS IN AN INTERTEMPORAL CONTEXT
1 An intertemporal model
2 Overall versus instantaneous surplus measures
3 A Model with renewable resources
4 The Brown-Hammack model for the allocation of prairie wetlands
5 Estimation of the Brown-Hammack model, etc.
10. WELFARE CHANGE MEASURES IN A RISKY WORLD
1 Risk measures and the properties of the utility function
2 Consumer's surplus under price uncertainty
3 Discrete choice under uncertainty : Housing tenure
4 Intertemporal model
5 Expected consumer's surplus, option price and option value
11. MONEY MEASURES OF THE TOTAL VALUE OF ENVIRONMENTAL ASSETS
1 On the total values of a resource
2 Uncertain supply of an environmental asset
3 Access value
4 Estimating option price for wildlife resources
5 Quasi-option value, etc.
Bibliography Index: p. 220-223
9780521348102 0521348102 (pbk.)
Consumers' surplus.
Consumers' surplus
Public goods.
Externalities (Economics)
339.4 / JOH
The economic theory and measurement of environmental benefits / Per-Olov Johansson. - Cambridge [Cambridgeshire] ; New York : Cambridge University Press, c1987. - x, 223 p. : ill. ; 24 cm.
1. INTRODUCTION
2. SOME BASIC CONCEPTS
1 The utility function
2 Utility maximization
3 Demand functions
4 The indirect utility function
5 The Expenditure function
3. THE CONCEPT OF CONSUMER SURPLUS
1 Money Measures and areas under ordinary demand curves
2 Path-independency conditions and the constancy of the marginal utility of income
3 The Compensating and equivalent variations
4 Two examples
4. TOPICS IN THE THEORY OF CONSUMER SURPLUS MEASURES
1 A Comparison of different money measures of utility change
2 A aggregation over individuals
3 Estimation of consumer Surplus
5. CONSUMER SURPLUS MEASURES IN QUANTITY-CONSTRAINED REGIMES
1 Quantity-constrained utility maximization
2 Consumer's surplus under rationing
3 An example
4 Compensating and equivalent variations in quantity-constrained situations
5 Some further results
6. PUBLIC GOOD AND EXTERNALITIES IN CONSUMPTION
1 A utility maximizing household consuming private and public goods
2 Public goods and uncompensated money measures of utility change
3 Compensating and equivalent variations
4 On the properties of money measures
5 External effects, quality changes, and market data
7. HOW TO OVERCOME THE PROBLEM OF PREFERENCE REVELATION: PRACTICAL METHODOLOGIES
1 Survey data
2 A Study based on the biding technique
3 Hedonic prices
4 A Property value study
5 A Comparison of survey and hedonic approaches, etc
8. DISCRETE CHOICE MODELS AND ENVIRONMENTAL BENEFITS
1 Behavior functions when some good are mutually exclusive
2 Critical price levels and corner solutions
3 Consumer surplus measures in the discrete choice case
4 The critical price level and the choice of measures
5 On the relevance of the travel cost method
9. CONSUMER'S SURPLUS IN AN INTERTEMPORAL CONTEXT
1 An intertemporal model
2 Overall versus instantaneous surplus measures
3 A Model with renewable resources
4 The Brown-Hammack model for the allocation of prairie wetlands
5 Estimation of the Brown-Hammack model, etc.
10. WELFARE CHANGE MEASURES IN A RISKY WORLD
1 Risk measures and the properties of the utility function
2 Consumer's surplus under price uncertainty
3 Discrete choice under uncertainty : Housing tenure
4 Intertemporal model
5 Expected consumer's surplus, option price and option value
11. MONEY MEASURES OF THE TOTAL VALUE OF ENVIRONMENTAL ASSETS
1 On the total values of a resource
2 Uncertain supply of an environmental asset
3 Access value
4 Estimating option price for wildlife resources
5 Quasi-option value, etc.
Bibliography Index: p. 220-223
9780521348102 0521348102 (pbk.)
Consumers' surplus.
Consumers' surplus
Public goods.
Externalities (Economics)
339.4 / JOH