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Kneese examines issues surrounding benefits assessment, including such tools as bidding games, surveys, property value studies, wage differentials, risk reduction evaluation, and mortality and morbidity cost estimation. He discusses methods for quantitatively estimating benefits derived from the maintenance or improvement of air and water quality. Suitable for undergraduate classroom use. Originally published in 1984
Measuring the Benefits of Water Pollution Abatement shows the aspects of benefit calculations in the context of water pollution control. The main purpose of this book is to show what kinds of data are needed or valuable in adequate benefit estimates, how to use the data, and how to improvise in their absence. Topics covered include the basic theory of welfare economics and cost-benefit analysis; practical techniques on how to estimate benefits of water pollution abatement; and empirical studies that illustrate the estimation techniques with real data. Environmentalists, economists, project managers, and project engineers will find the text interesting and informative.