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Valuing potential groundwater protection benefits

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  • Crocker, Thomas D.
  • Forster, Bruce A.
  • Shogren, Jason F.

Abstract

This paper explores the implications of endogenous risk for the economic value of preventing groundwater contamination. We consider the analytical implications of endogenous risk for five key building blocks frequently used to structure studies of groundwater valuation: the probability and the location of contamination, the exposed population, risk perceptions, and intertemporal issues.

Suggested Citation

  • Crocker, Thomas D. & Forster, Bruce A. & Shogren, Jason F., 1991. "Valuing potential groundwater protection benefits," ISU General Staff Papers 199101010800001020, Iowa State University, Department of Economics.
    • Handle: RePEc:isu:genstf:199101010800001020
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    Cited by:

    1. Iftikhar Ahmad & Miraj ul Haq & Abdul Sattar, 2010. "Factors Determining Public Demand for Safe Drinking Water (A Case Study of District Peshawar)," PIDE-Working Papers 2010:58, Pakistan Institute of Development Economics.
    2. Groothuis, Peter A. & Cockerill, Kristan & Mohr, Tanga McDaniel, 2015. "Water does not flow up hill: determinants of willingness to pay for water conservation measures in the mountains of western North Carolina," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 59(C), pages 88-95.
    3. Mirajul Haq & Usman Mustafa & Iftikhar Ahmad, 2007. "Household s Willingness to Pay for Safe Drinking Water: A Case Study of Abbottabad District," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 46(4), pages 1137-1153.
    4. 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.
    5. John C. Whitehead & George Van Houtven, "undated". "Methods for Valuing the Benefits of the Safe Drinking Water Act: Review and Assessment," Working Papers 9705, East Carolina University, Department of Economics.
    6. John C. Whitehead & Thomas J. Hoban & George Van Houtven, 1999. "Averting Behavior and Drinking Water Quality," Working Papers 9905, East Carolina University, Department of Economics.
    7. Gregory Poe & Richard Bishop, 1999. "Valuing the Incremental Benefits of Groundwater Protection when Exposure Levels are Known," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 13(3), pages 341-367, April.
    8. Ram RANJAN, 2014. "Groundwater Management Through Collective Participation: Why Some Institutions Succeed And Others Fail?," Annals of Public and Cooperative Economics, Wiley Blackwell, vol. 85(3), pages 427-452, September.
    9. Poe, Gregory L. & Bishop, Richard C., 1992. "Prior Information, General Information, and Specific Information in the Contingent Valuation of Environmental Risks: The Case of Nitrates in Groundwater," Staff Papers 121335, Cornell University, Department of Applied Economics and Management.
    10. Owens, Nicole N. & Swinton, Scott M. & Ravenswaay, Eileen O. van, 1995. "Farmer Demand for Safer Pesticides," Staff Paper Series 201201, Michigan State University, Department of Agricultural, Food, and Resource Economics.
    11. Horan, Richard D. & Shogren, Jason F. & Bulte, Erwin H., 2011. "Joint determination of biological encephalization, economic specialization," Resource and Energy Economics, Elsevier, vol. 33(2), pages 426-439, May.
    12. Shaw, W. Douglass & Woodward, Richard T., 2008. "Why environmental and resource economists should care about non-expected utility models," Resource and Energy Economics, Elsevier, vol. 30(1), pages 66-89, January.
    13. James I. Price & Patrick R. Lloyd-Smith & Diane P. Dupont & Wiktor L. Adamowicz, 2019. "Floods and Water Service Disruptions: Eliciting Willingness-to-Pay for Public Utility Pricing and Infrastructure Decisions," Water Economics and Policy (WEP), World Scientific Publishing Co. Pte. Ltd., vol. 5(02), pages 1-20, April.

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