ECONOMICS OF NATURAL ENVIRONMENT
The amenity resources of natural environments are put into an analytical framework comparable to that for the extractive resources. The models and theoretical background of the techniques are illustrated by case studies which include the controversial Hells Canyon dam, the Mineral King ski resort, and the Trans-Alaska pipeline. 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 number 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.
Resources for the Future, IncorporatedJohns Hopkins Press
Baltimore, MD USA 21218
- Krutilla, J V
- Fisher, A C
- Publication Date: 1975-1
- Pagination: 292 p.
- TRT Terms: Benefit cost analysis; Conservation; Mathematical models; Natural resources; Preservation; Wind resistant design
- Uncontrolled Terms: Amenities; Models; Resource management
- Subject Areas: Economics; Environment; Highways; Society;
- Accession Number: 00099702
- Record Type: Publication
- Files: TRIS
- Created Date: Nov 5 1975 12:00AM