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The economic theory and measurement of environmental benefits / Per-Olov Johansson.

By: Publication details: Cambridge [Cambridgeshire] ; New York : Cambridge University Press, c1987.Description: x, 223 p. : ill. ; 24 cmISBN:
  • 9780521348102
  • 0521348102 (pbk.)
Subject(s): DDC classification:
  • 339.4 22 JOH
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Item type Current library Call number Copy number Status Date due Barcode
Book Open Access Book Open Access Engineering Library 339.4 JOH 1 (Browse shelf(Opens below)) 1 Available 637

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{surpluses} 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

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