A Method of Estimating Social Benefits from Pollution Control

Karl-Göran Mäler
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Karl-Göran Mäler: The Stockholm School of Economics

A chapter in The Economics of Environment, 1971, pp 106-118 from Palgrave Macmillan

Abstract: Abstract In an article in Water Resources Research 1966 [3], Joe B. Stevens tried to estimate direct recreational benefits from water pollution control by using market demand curves for a sport fishery. The quality of the fishery was represented by the angling success per unit of effort. Water pollution would cause a deterioration in the quality, i.e. would decrease angling success. By estimating a demand function for the sport fishery, both as a function of the price of using the fishery and as a function of the quality variable, Stevens thought he could calculate the recreational benefits or the willingness to pay for maintaining constant quality, from various areas under the demand curves.

Keywords: Utility Function; Public Good; Demand Function; Consumer Surplus; Demand Curve (search for similar items in EconPapers)
Date: 1971
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-01379-1_8

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DOI: 10.1007/978-1-349-01379-1_8

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