Negative Externalities and Oil Spills: A Case for Reduced Brand Value to the State of Florida

Sherry L. Larkin, Ray G. Huffaker and Rodney L. Clouser

Journal of Agricultural and Applied Economics, 2013, vol. 45, issue 3, 389-399

Abstract: Despite recent advances in measuring and compensating for environmental damages, several challenges remain. States have a vested interest in claiming economic damages, especially those that reduce the value of investments. Because place-brand values are considered personal property, Florida may seek additional compensation from the Deepwater Horizon oil spill.

Date: 2013
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