Documentation scienceplus.abes.fr version Bêta

À propos de : Valuing Environmental Quality: Weak Complementarity with Sets of Goods        

AttributsValeurs
type
Is Part Of
Subject
Title
  • Valuing Environmental Quality: Weak Complementarity with Sets of Goods
has manifestation of work
related by
Author
Abstract
  • In practice, it is frequently impossible to identify a single good which is a weak complement to an environmental amenity for which welfare measures are desired. However, a set of goods exhibiting this property sometimes exists, e.g., water-related recreational activities when the nonmarket good to be valued is water quality. A set of weak complements is defined and implications for welfare measurement presented. The proper welfare measure now involves evaluation of a line integral and simple additions of areas under demand curves will not always be correct. However, under certain econometric circumstances, approximate welfare measures can be obtained from estimated functions.
article type
is part of this journal



Alternative Linked Data Documents: ODE     Content Formats:       RDF       ODATA       Microdata