The Economics of Non-Market Goods and Resources

Valuing Oil Spill Prevention

A Case Study of California’s Central Coast

Authors: CARSON, R., Conaway, M.B., Hanemann, W.M., Krosnick, J.A., Mitchell, R.C., Presser, S.

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About this book

On April 22-23, 1988, approximately 432,000 gallons of San Joaquin Valley crude oil spilled from an aboveground storage tank at a Shell Oil Company refinery into the surrounding environment, including the northern reaches of San Francisco Bay (the Martinez spill). Pursuant to the settlement of the resulting litigation (United States/California v. Shell Oil Co., No. C89-4220, (N.D. Cal1990)), Shell Oil Company provided funding for, among other things, studies to improve future response strategies to oil spills and ensure better restoration of resources and services affected by such spills. The California Oil Spill Contingent Valuation Study was one of the studies funded by the settlement. The purpose of the California Oil Spill (COS) Contingent Valuation (CV) Study was "to execute and document a contingent valuation study of natural resource damages associated with offshore, coastal, or estuarine oil spills in California" (State of California, Department of Justice, Contract Number 89-2126). The COS CV study developed an estimate of per household ex ante economic value for a program to prevent a specified set of natural resource injuries to those species of birds and intertidal life that are consistently affected by oil spills along California's Central Coast. The principal investigators on the COS study team were Richard T. Carson of the University of California, San Diego, and W. Michael Hanemann of the University of California, Berkeley. The study's project manager was Kerry M.

Table of contents (6 chapters)

  • Introduction and Overview

    Carson, Richard T. (et al.)

    Pages 1-8

  • Scenario Identification and Survey Design

    Carson, Richard T. (et al.)

    Pages 9-25

  • Structure of the Main Study Survey Instrument

    Carson, Richard T. (et al.)

    Pages 27-50

  • Implementation of the Main Study Survey

    Carson, Richard T. (et al.)

    Pages 51-57

  • Evaluation of Open-Ended, Vote Assumption, Reconsideration, and Interviewer Evaluation Questions

    Carson, Richard T. (et al.)

    Pages 59-79

Buy this book

eBook $229.00
price for USA (gross)
  • ISBN 978-1-4020-2864-9
  • Digitally watermarked, DRM-free
  • Included format: PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $299.00
price for USA
  • ISBN 978-0-7923-6497-9
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
Softcover $299.00
price for USA
  • ISBN 978-94-017-3636-7
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
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Bibliographic Information

Bibliographic Information
Book Title
Valuing Oil Spill Prevention
Book Subtitle
A Case Study of California’s Central Coast
Authors
Series Title
The Economics of Non-Market Goods and Resources
Series Volume
5
Copyright
2004
Publisher
Springer Netherlands
Copyright Holder
Springer Science+Business Media Dordrecht
eBook ISBN
978-1-4020-2864-9
DOI
10.1007/978-1-4020-2864-9
Hardcover ISBN
978-0-7923-6497-9
Softcover ISBN
978-94-017-3636-7
Series ISSN
1571-487X
Edition Number
1
Number of Pages
X, 257
Number of Illustrations and Tables
6 b/w illustrations, 2 illustrations in colour
Topics