The Economics of Natural Environments

Studies in the Valuation of Commodity and Amenity Resources, revised edition

John V Krutilla author Anthony C Fisher author

Format:Hardback

Publisher:Taylor & Francis Ltd

Published:7th Dec '15

Currently unavailable, and unfortunately no date known when it will be back

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The Economics of Natural Environments cover

In this pioneering study, Krutilla and Fisher put the amenity resources of natural environments into an analytical framework comparable to that for the extractive resources. The models and theoretical background of their techniques are illustrated by case studies which include the controversial Hells Canyon dam, the Mineral King ski resort, and the Trans-Alaska pipeline.

The authors point out that resource development activities undertaken on public lands often receive financial advantages---preferential tax treatment, subsidized capital, and access to public resources---that are not taken into account in the costs of the project. True evaluation of the costs and benefits of a development project often tips the balance in favor of preserving an area in a natural state.

ISBN: 9781138834293

Dimensions: unknown

Weight: 453g

328 pages