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Social and Behavioral Sciences Commons

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Selected Works

Agricultural and Resource Economics

Environmental Economics/Public Economics

2010

Articles 1 - 3 of 3

Full-Text Articles in Social and Behavioral Sciences

Environmental Valuation: The Sum Of Specific Damages Approach, Philip E. Graves Jan 2010

Environmental Valuation: The Sum Of Specific Damages Approach, Philip E. Graves

PHILIP E GRAVES

There is no abstract for this book chapter.


Benefit-Cost Analysis Of Environmental Projects: A Plethora Of Systematic Biases, Philip E. Graves Jan 2010

Benefit-Cost Analysis Of Environmental Projects: A Plethora Of Systematic Biases, Philip E. Graves

PHILIP E GRAVES

There are many reasons to suspect that benefit-cost analysis applied to environmental policies will result in policy decisions that will reject those environmental policies. The important question, of course, is whether those rejections are based on proper science. The present paper explores sources of bias in the methods used to evaluate environmental policy in the United States, although most of the arguments translate immediately to decision-making in other countries. There are some “big picture” considerations that have gone unrecognized, and there are numerous more minor, yet cumulatively important, technical details that point to potentially large biases against acceptance on benefit-cost …


The Hedonic Method: Value Of Statistical Life, Wage Compensation Property Value Compensation, Philip E. Graves Jan 2010

The Hedonic Method: Value Of Statistical Life, Wage Compensation Property Value Compensation, Philip E. Graves

PHILIP E GRAVES

There is no abstract for this book chapter.