The Limits of Cost/Benefit Analysis When Disasters Loom
Author
Abstract
Suggested Citation
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- repec:reg:rpubli:299 is not listed on IDEAS
- Traeger, Christian P., 2014. "On option values in environmental and resource economics," Resource and Energy Economics, Elsevier, vol. 37(C), pages 242-252.
- Peter A. Diamond & Jerry A. Hausman, 1994. "Contingent Valuation: Is Some Number Better than No Number?," Journal of Economic Perspectives, American Economic Association, vol. 8(4), pages 45-64, Fall.
- Graham, Daniel A, 1981. "Cost-Benefit Analysis under Uncertainty," American Economic Review, American Economic Association, vol. 71(4), pages 715-725, September.
- repec:reg:rpubli:91 is not listed on IDEAS
- Kenneth J. Arrow & Robert C. Lind, 1974.
"Uncertainty and the Evaluation of Public Investment Decisions,"
Palgrave Macmillan Books, in: Chennat Gopalakrishnan (ed.), Classic Papers in Natural Resource Economics, chapter 3, pages 54-75,
Palgrave Macmillan.
- Arrow, Kenneth J & Lind, Robert C, 1970. "Uncertainty and the Evaluation of Public Investment Decisions," American Economic Review, American Economic Association, vol. 60(3), pages 364-378, June.
- Vining, Aidan R. & Weimer, David L., 1992. "Welfare economics as the foundation for public policy analysis: Incomplete and flawed but nevertheless desirable," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 21(1), pages 25-37.
- Newell, Richard G. & Pizer, William A., 2003.
"Discounting the distant future: how much do uncertain rates increase valuations?,"
Journal of Environmental Economics and Management, Elsevier, vol. 46(1), pages 52-71, July.
- Pizer, William & Newell, Richard, 2000. "Discounting the Distant Future: How Much Do Uncertain Rates Increase Valuations?," RFF Working Paper Series dp-00-45, Resources for the Future.
- Newell, Richard G. & Pizer, William A., 2001. "Discounting the Distant Future: How Much Do Uncertain Rates Increase Valuations?," Discussion Papers 10743, Resources for the Future.
- Kenneth J. Arrow & Anthony C. Fisher, 1974.
"Environmental Preservation, Uncertainty, and Irreversibility,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 88(2), pages 312-319.
- Kenneth J. Arrow & Anthony C. Fisher, 1974. "Environmental Preservation, Uncertainty, and Irreversibility," Palgrave Macmillan Books, in: Chennat Gopalakrishnan (ed.), Classic Papers in Natural Resource Economics, chapter 4, pages 76-84, Palgrave Macmillan.
- Smith, V Kerry & Huang, Ju-Chin, 1995. "Can Markets Value Air Quality? A Meta-analysis of Hedonic Property Value Models," Journal of Political Economy, University of Chicago Press, vol. 103(1), pages 209-227, February.
- Talbot Page, 1997. "On the Problem of Achieving Efficiency and Equity, Intergenerationally," Land Economics, University of Wisconsin Press, vol. 73(4), pages 580-596.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Fisher, Anthony & Hanemann, W., 1986. "Information and the Dynamics of Environmental Protection: The Concept of the Critical Period," CUDARE Working Papers 198351, University of California, Berkeley, Department of Agricultural and Resource Economics.
- Nathalie Berta, 2016. "On the definition of externality as a missing market," Post-Print halshs-01277990, HAL.
- Hansen, Anders Chr., 2006. "Do declining discount rates lead to time inconsistent economic advice?," Ecological Economics, Elsevier, vol. 60(1), pages 138-144, November.
- Carsten Helm, 1998.
"International Cooperation Behind the Veil of Uncertainty – The Case of Transboundary Acidification,"
Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 12(2), pages 185-201, September.
- Helm, Carsten, 1998. "International Cooperation Behind the Veil of Uncertainty - The Case of Transboundary Acidification," Publications of Darmstadt Technical University, Institute for Business Studies (BWL) 33629, Darmstadt Technical University, Department of Business Administration, Economics and Law, Institute for Business Studies (BWL).
- Kevin N. Griffith & Lawrence M. Scheier, 2013. "Did We Get Our Money’s Worth? Bridging Economic and Behavioral Measures of Program Success in Adolescent Drug Prevention," IJERPH, MDPI, vol. 10(11), pages 1-28, November.
- Coggins, Jay S. & Ramezani, Cyrus A., 1998. "An Arbitrage-Free Approach to Quasi-Option Value," Journal of Environmental Economics and Management, Elsevier, vol. 35(2), pages 103-125, March.
- Bernard Lapeyre & Emile Quinet, 2017. "A Simple GDP-based Model for Public Investments at Risk," Post-Print hal-01666574, HAL.
- Schipper, Youdi & Rietveld, Piet & Nijkamp, Peter, 2001. "Environmental externalities in air transport markets," Journal of Air Transport Management, Elsevier, vol. 7(3), pages 169-179.
- Catherine Chambers & Paul Chambers & John Whitehead, 1997. "Historical resources, uncertainty and preservation values: An application of option and optimal stopping models," Journal of Economics and Finance, Springer;Academy of Economics and Finance, vol. 21(2), pages 51-61, June.
- Richard T. Carson, 2011.
"Contingent Valuation,"
Books,
Edward Elgar Publishing, number 2489.
- Carson, Richard T. & Hanemann, W. Michael, 2006. "Contingent Valuation," Handbook of Environmental Economics, in: K. G. Mäler & J. R. Vincent (ed.), Handbook of Environmental Economics, edition 1, volume 2, chapter 17, pages 821-936, Elsevier.
- Takao Asano, 2010. "Precautionary Principle and the Optimal Timing of Environmental Policy Under Ambiguity," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 47(2), pages 173-196, October.
- Mark D. Agee & Thomas D. Crocker, 2002. "On Techniques to Value the Impact of Environmental Hazards on Children's Health," NCEE Working Paper Series 200208, National Center for Environmental Economics, U.S. Environmental Protection Agency, revised Sep 2002.
- Nathalie Berta, 2017. "On the definition of externality as a missing market," Post-Print hal-02095696, HAL.
- Tsvetan Tsvetanov & Farhed Shah, 2013.
"The economic value of delaying adaptation to sea-level rise: An application to coastal properties in Connecticut,"
Climatic Change, Springer, vol. 121(2), pages 177-193, November.
- Tsvetanov, Tsvetan & Shah, Farhed, 2013. "The Economic Value of Delaying Adaptation to Sea-Level Rise: An Application to Coastal Properties in Connecticut," Working Paper series 148343, University of Connecticut, Charles J. Zwick Center for Food and Resource Policy.
- Tsvetan G. Tsvetanov & Farhed A. Shah, 2012. "The Economics of Protection against Sea-Level Rise: An Application to Coastal Properties in Connecticut," Working Papers 10, University of Connecticut, Department of Agricultural and Resource Economics, Charles J. Zwick Center for Food and Resource Policy.
- Ian W. H. Parry & Margaret Walls & Winston Harrington, 2007.
"Automobile Externalities and Policies,"
Journal of Economic Literature, American Economic Association, vol. 45(2), pages 373-399, June.
- Parry, Ian W.H. & Walls, Margaret & Harrington, Winston, 2007. "Automobile Externalities and Policies," RFF Working Paper Series dp-06-26, Resources for the Future.
- Hanemann, W. Michael, 1989.
"Information and the concept of option value,"
Journal of Environmental Economics and Management, Elsevier, vol. 16(1), pages 23-37, January.
- Hanemann, Michael, 1982. "Information and the Concept of Option Value," CUDARE Working Papers 198258, University of California, Berkeley, Department of Agricultural and Resource Economics.
- Hanemann, W. Michael, 1983. "Information and the Concept of Option Value," 1983 Annual Meeting, July 31-August 3, West Lafayette, Indiana 279111, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
- Rick van der Ploeg, 2020.
"Discounting and Climate Policy,"
CESifo Working Paper Series
8441, CESifo.
- Rick Van der Ploeg, 2020. "Discounting And Climate Policy," OxCarre Working Papers 244, Oxford Centre for the Analysis of Resource Rich Economies, University of Oxford.
- Geoffrey Heal & Bengt Kriström, 2002. "Uncertainty and Climate Change," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 22(1), pages 3-39, June.
- Bruno S. Frey & Simon Luechinger, 2005.
"Measuring terrorism,"
Chapters, in: Alain Marciano & Jean-Michel Josselin (ed.), Law and the State, chapter 6,
Edward Elgar Publishing.
- Bruno S. Frey & Simon Luechinger, "undated". "Measuring Terrorism," IEW - Working Papers 171, Institute for Empirical Research in Economics - University of Zurich.
Corrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:glopol:v:7:y:2016:i::p:56-66. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: https://edirc.repec.org/data/lsepsuk.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.