TECHNICAL PAPERS
Dec 1, 2000
Value of Valuation: Introduction
Publication: Journal of Water Resources Planning and Management
Volume 126, Issue 6
Abstract
The principal focus of this special issue of the Journal of Water Resources Planning and Management is on monetary valuation of environmental outcomes. The interest in valuation is embedded in the practice of benefit-cost analysis that has been an important practice in the water resource field since the 1930s, and is reinforced by contemporary growth in natural resource damage cases. This paper summarizes the state of the art in valuation, in physically-based alternatives to valuation, and in controversies surrounding this application of economics to water resource decision making. It also introduces the papers in this special issue.
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References
1.
Carson, R., et al. ( 1996). “Temporal reliability of estimates from contingent valuation.” Land Economics, 73(2), 151–162.
2.
Diamond, P. A., and Hausman, J. A. ( 1994). “Contingent valuation: Is some number better than no number?” J. Economic Perspective, 8(4), 45–64.
3.
Hanneman, M. ( 1994). “Valuing the environment through contingent valuation.” J. Economic Perspective, 8(4), 19–43.
4.
Portney, P. R. ( 1994). “The contingent valuation debate: Why economists should care.” J. Economic Perspective, 8(4), 3–17.
Information & Authors
Information
Published In
Journal of Water Resources Planning and Management
Volume 126 • Issue 6 • December 2000
Pages: 336 - 338
History
Received: Jun 14, 2000
Published online: Dec 1, 2000
Published in print: Dec 2000
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Authors
Affiliations
John B. Braden
Prof., Dept. of Agri. and Consumer Economics, Assoc. Provost and Interim Dir., Envir. Coun., 601 East John St., Room 204, Univ. of Illinois at Urbana-Champaign, Champaign, IL 61820.
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ASCE Library Cards let you download journal articles, proceedings papers, and available book chapters across the entire ASCE Library platform. ASCE Library Cards remain active for 24 months or until all downloads are used. Note: This content will be debited as one download at time of checkout.
Terms of Use: ASCE Library Cards are for individual, personal use only. Reselling, republishing, or forwarding the materials to libraries or reading rooms is prohibited.
Terms of Use: ASCE Library Cards are for individual, personal use only. Reselling, republishing, or forwarding the materials to libraries or reading rooms is prohibited.