Handbook of Environmental and Resource Economics
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Handbook of Environmental and Resource Economics

Edited by Jeroen C.J.M. van den Bergh

This major reference book comprises specially commissioned surveys in environmental and resource economics written by an international team of experts. Authoritative yet accessible, each entry provides a state-of-the-art summary of key areas that will be invaluable to researchers, practitioners and advanced students.
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Chapter 51: Theory of Economic Valuation of Environmental Goods and Services

P.-O. Johansson

Extract

51 Theory of economic valuation of environmental goods and services Per- Olov Johansson 1. Ordinary and compensated money measures The literature that deals with the theory and measurement of the consumer’s surplus is both large and growing. The c...

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