Option values in the economics of irreplaceable assets

Review of Economic Studies

Volumn 41, Issue 5, 1974, Pages 89-104

  Henry, Claude ^a  

^a ECOLE POLYTECHNIQUE   (France)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 84959829858     PISSN: 00346527     EISSN: 1467937X     Source Type: Journal    
DOI: 10.2307/2296373     Document Type: Article

References (12)

1. Arrow, K.J. and Fisher, A.C. “Environmental Preservation, Uncertainty, and Irreversibility”, Quarterly Journal of Economics 88 (May 1974), 312–319.
2. Bohm, P. “Option Demand and Consumer’s Surplus: Comment”, Discussion Paper, Department of Economics, University of Stockholm, 1973.
3. Cicchetti, C.J. and Freeman, A.M. “Option Demand and Consumer Surplus: Further Comment”, Quarterly Journal of Economics, 85 (August 1971), 528–539.
4. Fisher, A.C., Krutilla, J.V. and Cicchetti, C.J. “Alternative Uses of Natural Environments: The Economics of Environmental Modification”, in Natural Environments: Studies in Theoretical and Applied Analysis, Resources for the Future, 1971, Workshop report (Baltimore, 1972).
5. Henry, C. “Coûts et avantages de la protection des équipements d’agrément, notamment des espaces naturels”, in L’uomo e il suo ambiente, Seminaire 1971 de la Fondazione Giorgio Cini (Venezia), Firenze 1973.
6. Henry, C. “Investment Decisions under Uncertainty: the Irreversibility Effect”, American Economic Review, 64 (December 1974), 1006–1012.
7. Hirschleifer, J. “The Investment Decision under Uncertainty: Choice-Theoretic Approaches”, Quarterly Journal of Economics, 79 (November 1965), 509–536.
8. Krutilla, J.V. “Conservation Reconsidered”, American Economic Review, 57 (September 1967), 777–786.
9. Krutilla, J.V. and Cicchetti, C.J. “Evaluating Benefits of Environmental Resources with Special Application to the Hells Canyon”, Natural Resources Journal, 12 (January 1972), 1–29.
10. Mangasarian, O.L. Nonlinear Programming (New York, 1969).
11. Schmalensee, R. “Option Demand and Consumer’s Surplus: Valuing Price Changes Under Uncertainty”, American Economic Review, 62 (December 1972), 813–824.
12. Weisbrod, B.A. “Collective Consumption Services of Individual Consumption Goods”, Quarterly Journal of Economics, 77 (August 1964), 71–77.