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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
The extent to which government should be involved with regulation in the private sector is much debated. More fundamentally, one might ask exactly what is regulation, why is it needed, how is it formulated, and how is it enforced? These questions are especially relevant at a time in United States history when federal involvement in spheres traditionally left to individuals is being widely debated on all sides of the political spectrum.