Environmental Economics
The cromulent economics blog
recent posts
Category: Deepwater Horizon blowout
-
Feel free to promote far and wide. Intended for a non-expert audience (my goal is to get a spot in the sequel to this blockbuster). If you don't like QR codes, you can register here.
-
Feel free to promote far and wide. Intended for a non-expert audience (my goal is to get a spot in the sequel to this blockbuster). If you don't like QR codes, you can register here.
-
This paper resulted from the BP/Deepwater Horizon damage assessment conducted for the state of Florida (Huffaker, Clouwer and Larkin 2012). We used the Knowledge Networks (KN) internet panel for the sample (besides me, the authors are Andrew Ropicki, John Loomis, Sherry Larkin, Tim Haab, and Sergio Alvarez). At one point I remember Sherry Larkin asking…
-
Here is a link from 2017 with some background: BP has funded a book critical of the CVM. In that post I boasted that my review would be forthcoming in 2018. That boast was a commitment mechanism. I don't know if it would have worked unless Marit Kragt had not invited me to review the book…
-
In case you missed it over the holiday break: The Trump administration is poised to roll back offshore drilling safety regulations that were put in place after the 2010 Deepwater Horizon oil rig disaster in the Gulf of Mexico that killed 11 people and caused the worst oil spill in American history. A proposal by…
-
HT to Spencer Banzhaf for pointing us to this article that points out that Exxon was less than objective in their attacks on contingent valuation in the wake of the Exxon Valdez oil spill. I wonder if the same can be said for BP after the Deepwater Horizon? Indeed, I wonder. Here's the abstract: This…
-
Exactly one week after the CVM article estimating BP damages appears in Science this book critical of the CVM is being published: Contingent Valuation of Environmental Goods: A Comprehensive Critique Edited by Daniel McFadden and Kenneth Train Contingent valuation is a survey-based procedure that attempts to estimate how much households are willing to pay for specific programs…
-
In my best Thomas Dolby voice: SCIENCE! …According to a paper published in the journal Science on Thursday, Americans are willing to pay $17.2 billion to prevent another BP Deepwater Horizon oil spill. Thanks to a team of scientists who conducted a six-year study into the effects of the 134-million-gallon spill, we now have a more…
-
Lost Recreational Value from the Deepwater Horizon Oil Spill Using Revealed and Stated Preference Data John C. Whitehead, Tim Haab, Sherry Larkin, John Loomis, Sergio Alvarez and Andrew Ropicki No 16-16, Working Papers from Department of Economics, Appalachian State University Abstract: The lost recreational use values from the BP/Deepwater Horizon oil spill in the Gulf…
-
From the inbox: As you may be aware, this year at the AERE Summer Conference in Breckenridge, we hosted a "Special Session" on research associated with valuing the economic losses from the 2010 Gulf of Mexico Spill. The 4 hour-long session was split into a recreation value section organized by Roger von Haefen from NSCU…
You must be logged in to post a comment.