Catherine L Kling
Datos Biográficos
| ID | 3706700 |
|---|---|
| NOMBRE | Catherine L Kling |
| NOMBRES | Catherine L |
| APELLIDO | Kling |
| FIRMA | KLING C L |
| AFILIACIONES | Professor of Economics, Iowa State University, Ames, Iowa. |
| VERIFICADO | No |
| TOTAL DE OBRAS | 6 |
| TOTAL DE CITAS | 5 |
| TOTAL COMO AUTOR | 6 |
| TOTAL COMO EDITOR | 0 |
| PRIMER AÑO DE PUBLICACIÓN | 1994 |
| AÑO MÁS RECIENTE DE PUBLICACIÓN | 2014 |
| ÍNDICE H | 1 |
The Measurement of Environmental and Resource Values
The first edition of this important work was the winner of the 2002 Publication of Enduring Quality award by the Association of Environmental and Resource Economists. The continuing premise for the book is that estimates of the economic values of environmental and natural resource services are essential for effective policy-making. As previous editions, the third edition, which includes two additional co-authors, presents a comprehensive treatmen…
From Exxon to BP
On March 23, 1989, the Exxon Valdez ran aground in Alaska's Prince William Sound and released over 250,000 barrels of crude oil, resulting in 1300 miles of oiled shoreline. The Exxon spill ignited a debate about the appropriate compensation for damages suffered, and among economists, a debate concerning the adequacy of methods to value public goods, particularly when the good in question has limited direct use, such as the pristine natural enviro…
Welfare Measures when Agents can Learn
We extend Graham's (1981) welfare analysis under uncertainty to a dynamic environment where the agent can delay and obtain information. The dynamic willingness to pay locus unifies the concepts of option price, dynamic WTP, commitment costs and quasi-option value. Option price (dynamic WTP) corresponds to the "ex ante" WTP when the agent ignores (recognises) the learning opportunity. The commitment cost, or the difference between option price and…
Estimation and Welfare Calculations in a Generalized Corner Solution Model with an Application to Recreation Demand
The Kuhn-Tucker model of Wales and Woodland (1983) provides a utility theoretic framework for estimating preferences over commodities for which individuals choose not to consume one or more of the goods. Due to the complexity of the model, however, there have been few applications in the literature and little attention has been paid to the problems of welfare analysis within the Kuhn-Tucker framework. This paper provides an application of the mod…
Nonlinear Income Effects in Random Utility Models
Random utility models (RUMs) are used in the literature to model consumer choices from among a discrete set of alternatives, and they typically impose a constant marginal utility of income on individual preferences. This assumption is driven partially by the difficulty of constructing welfare estimates in models with nonlinear income effects. Recently, McFadden (1995) developed an algorithm for computing these welfare impacts using a Monte Carlo …
Environmental benefits from marketable discharge permits or an ecological vs. economical perspective on marketable permits
From Exxon to BP
On March 23, 1989, the Exxon Valdez ran aground in Alaska's Prince William Sound and released over 250,000 barrels of crude oil, resulting in 1300 miles of oiled shoreline. The Exxon spill ignited a debate about the appropriate compensation for damages suffered, and among economists, a debate concerning the adequacy of methods to value public goods, particularly when the good in question has limited direct use, such as the pristine natural enviro…
Welfare Measures when Agents can Learn
We extend Graham's (1981) welfare analysis under uncertainty to a dynamic environment where the agent can delay and obtain information. The dynamic willingness to pay locus unifies the concepts of option price, dynamic WTP, commitment costs and quasi-option value. Option price (dynamic WTP) corresponds to the "ex ante" WTP when the agent ignores (recognises) the learning opportunity. The commitment cost, or the difference between option price and…
Environmental benefits from marketable discharge permits or an ecological vs. economical perspective on marketable permits
Nonlinear Income Effects in Random Utility Models
Random utility models (RUMs) are used in the literature to model consumer choices from among a discrete set of alternatives, and they typically impose a constant marginal utility of income on individual preferences. This assumption is driven partially by the difficulty of constructing welfare estimates in models with nonlinear income effects. Recently, McFadden (1995) developed an algorithm for computing these welfare impacts using a Monte Carlo …
Estimation and Welfare Calculations in a Generalized Corner Solution Model with an Application to Recreation Demand
The Kuhn-Tucker model of Wales and Woodland (1983) provides a utility theoretic framework for estimating preferences over commodities for which individuals choose not to consume one or more of the goods. Due to the complexity of the model, however, there have been few applications in the literature and little attention has been paid to the problems of welfare analysis within the Kuhn-Tucker framework. This paper provides an application of the mod…
Welfare Measures when Agents can Learn
We extend Graham's (1981) welfare analysis under uncertainty to a dynamic environment where the agent can delay and obtain information. The dynamic willingness to pay locus unifies the concepts of option price, dynamic WTP, commitment costs and quasi-option value. Option price (dynamic WTP) corresponds to the "ex ante" WTP when the agent ignores (recognises) the learning opportunity. The commitment cost, or the difference between option price and…
From Exxon to BP
On March 23, 1989, the Exxon Valdez ran aground in Alaska's Prince William Sound and released over 250,000 barrels of crude oil, resulting in 1300 miles of oiled shoreline. The Exxon spill ignited a debate about the appropriate compensation for damages suffered, and among economists, a debate concerning the adequacy of methods to value public goods, particularly when the good in question has limited direct use, such as the pristine natural enviro…
The Measurement of Environmental and Resource Values
The first edition of this important work was the winner of the 2002 Publication of Enduring Quality award by the Association of Environmental and Resource Economists. The continuing premise for the book is that estimates of the economic values of environmental and natural resource services are essential for effective policy-making. As previous editions, the third edition, which includes two additional co-authors, presents a comprehensive treatmen…
Computer Science (5 obras) · Economic and Environmental Valuation (5 obras) · Economics (5 obras) · Microeconomics (3 obras) · Climate Change Policy and Economics (2 obras) · Consumer Market Behavior and Pricing (2 obras) · Contingent valuation (2 obras) · Econometrics (2 obras) · Economics of Agriculture and Food Markets (2 obras) · Environmental Science (2 obras)