The Economics of Natural Environments : Studies in the Valuation of Commodity and Amenity Resources, revised edition
Book Details
Format
Paperback / Softback
ISBN-10
0915707195
ISBN-13
9780915707195
Publisher
Taylor & Francis Inc
Imprint
Resources for the Future Press (RFF Press)
Country of Manufacture
US
Country of Publication
GB
Publication Date
Jan 1st, 1975
Print length
322 Pages
Weight
600 grams
Product Classification:
Environmental economicsEnvironmental management
Ksh 7,500.00
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Presents a study that puts the amenity resources of natural environments into an analytical framework comparable to that for the extractive resources. This title points out that resource development activities undertaken on public lands often receive financial advantages that are not taken into account in the costs of the project.
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.
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