MEASURING A SOCIAL COST OF ENVIRONMENTAL POLLUTANTS THROUGH THE USE OF AN INFORMATION VARIABLE
Robert N. Shulstad
No 284639, 1974 Annual Meeting, August 18-21, College Station, Texas from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)
Abstract:
Avoidance costs of pollutants are estimated by introducing an information variable into the recreationist's demand model, hypothesizing a discontinuance or decrease in their activity as information concerning contamination is received. The decrease in recreationists consumer's surplus estimates a social cost of environmental pollutants. Mercury and Oregon's pheasant hunters are examined.
Keywords: Land; Economics/Use (search for similar items in EconPapers)
Pages: 14
Date: 1974-08
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea74:284639
DOI: 10.22004/ag.econ.284639
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