MONEY, WHO NEEDS IT? NATURAL RESOURCE DAMAGE ASSESSMENT Journal Article

Overview

abstract

• A new natural resource damage assessment paradigm has been suggested that emphasizes direct analysis of compensatory restoration rather than analysis of compensating variation for damages. This article considers whether money can be avoided in damage assessment. The analysis of compensatory restoration leads to the conclusion that money should be considered when measuring preferences. Failure to consider money leaves trustees unable to judge the adequacy of compensatory restoration. The problem stems from heterogeneity over restoration scale.

CU Boulder Authors

• Flores, Nicholas E

publication date

• April 1, 2002

has restriction

• closed

Date in CU Experts

• June 30, 2014 3:35 AM

Full Author List

• Flores NE; Thacher J

author count

• 2

published in

• Contemporary Economic Policy  Journal

Other Profiles

International Standard Serial Number (ISSN)

• 1074-3529

Electronic International Standard Serial Number (EISSN)

• 1465-7287

Digital Object Identifier (DOI)

• https://doi.org/10.1093/cep/20.2.171

Additional Document Info

start page

• 171

end page

• 178

volume

• 20

issue

• 2