Economics of a Disaster : The Exxon Valdez Oil Spill by David A. Argue, Harold W. Furchtgott Roth, Gloria J. Hurdle, Gale Mosteller and Bruce M. Owen (1995, Hardcover)
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Number of Pages: 216. Weight: 1.08 lbs. Publication Date: 1995-10-30. Publisher: Praeger.
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About this product
Product Identifiers
PublisherBloomsbury Publishing USA
ISBN-100899309879
ISBN-139780899309873
eBay Product ID (ePID)541470
Product Key Features
Number of Pages216 Pages
LanguageEnglish
Publication NameEconomics of a Disaster : the Exxon Valdez Oil Spill
SubjectEnvironmental Science (See Also Chemistry / Environmental), General, Ships & Shipbuilding / History, Ships & Shipbuilding / General, Government & Business
Publication Year1995
TypeTextbook
AuthorDavid A. Argue, Harold W. Furchtgott Roth, Gloria J. Hurdle, Gale Mosteller, Bruce M. Owen
Subject AreaTransportation, Science, Business & Economics
FormatHardcover
Dimensions
Item Height0.6 in
Item Weight17.5 Oz
Item Length9 in
Item Width6 in
Additional Product Features
Intended AudienceCollege Audience
LCCN95-003782
TitleLeadingThe
Dewey Edition20
Reviews"...an interesting framework for practitioners, specialists, and scholars in the fields of business, economics, law, and environmental studies." Oil & Gas Journal
Number of Volumes1 vol.
IllustratedYes
Dewey Decimal338.3
Table Of ContentFigures and Tables Acknowledgments Introduction The Effect of Disaster on Prices of Goods and Services: An Economic Framework Measuring the Effect of the Exxon Valdez Oil Spill on Alaskan Seafood Prices Industry Background Qualitative Evidence Concerning Price Effects Japanese Consumer Demand Salmon Benchmark Studies Salmon Reduced Form Study Salmon Processor Prices Non-salmon Species Studies Supply Effects Fishing Permit Values Summary of Results Conclusion Appendix 1: A Brief Description of Statistical Terminology Appendix 2: Modeling Japanese Consumer Demand Appendix 3: Reduced Form Model for Alaskan Salmon Appendix 4: Supply Effects Selected Bibliography Index
SynopsisThe Economics of a Disaster represents a major contribution to the understanding of the economics of liability and damages. It is based on the assumption that if people know they can be held responsible for some or all of the costs or damages sustained in an environmental accident, they will change their behavior to make the accident less likely to occur or to reduce the damages should it occur. The work develops a framework to examine and measure changes in market conditions after a disaster, showing the kinds of information that need to be collected and analyzed. Based on the Exxon Valdez case, this work provides an interesting framework for practitioners, specialists, and scholars in the fields of business, economics, law, and environmental studies.