Valuing Risks to the Environment

The ANNALS of the American Academy of Political and Social Science

Volumn 545, Issue 1, 1996, Pages 54-63

  Gregory, Robin ^a   Brown, Thomas C ^b   Knetsch, Jack L ^c  

^a UNIVERSITY OF BRITISH COLUMBIA   (Canada)

^b UNIVERSITY OF ARIZONA   (United States)

^c SIMON FRASER UNIVERSITY   (Canada)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 0030550552     PISSN: 00027162     EISSN: None     Source Type: Journal    
DOI: 10.1177/0002716296545001006     Document Type: Article

References (14)

1. Paul Slovic, “Perceptions of Risks,” Science, 236: 280-285 (1987).
2. Richard H. Pildes and Cass R. Sunstein, “Reinventing the Regulatory State,” University of Chicago Law Review, 62: 1-129 (1995).
3. Judd Hammack and Gardner Brown, Waterfowl and Wetlands: Toward Bioeconomic Analysis (Baltimore, MD: Johns Hopkins University Press, 1974).
4. Daniel Kahneman, Jack L. Knetsch, and Richard H. Thaler, “Experimental Tests of the Endowment Effect and the Coase Theorem,” Journal of Political Economy, 98: 1325-1348 (1990). An extensive review of many of these studies is provided in Elizabeth Hoffman and Matthew L. Spitzer, “Willingness to Pay vs. Willingness to Accept: Legal and Economic Implications,” Washington University Law Quarterly, 71: 59-114 (1993).
5. Jack L. Knetsch, “Environmental Policy Implications of Disparities Between Willingness-to-Pay and Compensation-Demanded Measures of Values,” Journal of Environmental Economics and Management, 18: 227-237 (1990).
6. Robin Gregory et al., “Incentive Policies to Site Hazardous Waste Facilities,” Risk Analysis, 11: 667-675 (1991).
7. Richard H. Thaler, “Some Empirical Evidence on Dynamic Inconsistency,” Economic Letters, 8: 201-207 (1981); George Loewenstein and Drazen Prelec, “Anomalies in Intertemporal Choice: Evidence and an Interpretation,” Quarterly Journal of Economics, 107: 573-597 (1992).
8. Thomas C. Brown, “The Concept of Value in Resource Allocation,” Land Economics, 60: 231-246 (1984).
9. Raymond J. Kopp and V. Kerry Smith, eds., Valuing Natural Assets: The Economics of Natural Resource Damage Assessments (Washington, DC: Resources for the Future, 1993).
10. Daniel Kahneman and Jack L. Knetsch, “Valuing Public Goods: The Purchase of Moral Satisfaction,” Journal of Environmental Economics and Management, 22: 57-70 (1992).
11. Robin Gregory, Sarah Lichtenstein, and Paul Slovic, “Valuing Environmental Resources: A Constructive Approach,” Journal of Risk and Uncertainty, 7: 177-197 (1993).
12. Robin Gregory and Ralph Keeney, “Creating Policy Alternatives Using Stakeholder Values,” Management Science, 40: 1035-1048 (1994).
13. Thomas C. Brown, George L. Peterson, and Bruce E. Tonn, “The Values Jury to Aid Natural Resource Decisions,” Land Economics, 71: 250-260 (1995).
14. Murray B. Rutherford, Jack L. Knetsch, and Thomas C. Brown, “Assessing Non-Pecuniary Environmental Losses: Rankings and Interim Damage Schedules” (Working paper, Simon Fraser University, 1995).