Bruce M. Owen, Gloria J. Hurdle, Gale Mosteller

Economics of a Disaster

The EXXON Valdez Oil Spill

• Gebundenes Buch

Produktbeschreibung

The Economics of a Disaster represents a major contribution to the understanding of the economics of liability and damages. It is based on the assumption that if people know they can be held responsible for some or all of the costs or damages sustained in an environmental accident, they will change their behavior to make the accident less likely to occur or to reduce the damages should it occur. The work develops a framework to examine and measure changes in market conditions after a disaster, showing the kinds of information that need to be collected and analyzed. Based on the Exxon Valdez case, this work provides an interesting framework for practitioners, specialists, and scholars in the fields of business, economics, law, and environmental studies.

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Produktdetails

• Verlag: Praeger
• Seitenzahl: 218
• Erscheinungstermin: 30. Oktober 1995
• Englisch
• Abmessung: 235mm x 157mm x 18mm
• Gewicht: 513g
• ISBN-13: 9780899309873
• ISBN-10: 0899309879
• Artikelnr.: 21488120

Autorenporträt

Bruce M. Owen, David A. Argue, Harold W. Furchtgott Roth, Gloria J. Hurdle, Gale Mosteller

Inhaltsangabe

Figures and Tables Acknowledgments Introduction The Effect of Disaster on
Prices of Goods and Services: An Economic Framework Measuring the Effect of
the Exxon Valdez Oil Spill on Alaskan Seafood Prices Industry Background
Qualitative Evidence Concerning Price Effects Japanese Consumer Demand
Salmon Benchmark Studies Salmon Reduced Form Study Salmon Processor Prices
Non-salmon Species Studies Supply Effects Fishing Permit Values Summary of
Results Conclusion Appendix 1: A Brief Description of Statistical
Terminology Appendix 2: Modeling Japanese Consumer Demand Appendix 3:
Reduced Form Model for Alaskan Salmon Appendix 4: Supply Effects Selected
Bibliography Index