The Economics of Natural Environments: Studies in the Valuation of Commodity and Amenity Resources

Part 1: Institutional and Theoretical Considerations 1. Managing Natural Environment 2. Externalities, Property Rights, and Valuation of Resources on the Public Lands 3. Irreversibility and the Optimal Use of Natural Environments 4. Further Analysis of Irreversibility: Discounting, Intergenerational Transfers, and Uncertainty Part 2: Applying the Analysis: Selected Case Studies 5. Hells Canyon: Asymmetric Implications of Technical Change for Value of Alternative Uses 6. Hells Canyon Continued: Evaluation of Environmental Costs 7. The White Cloud Peaks: Wilderness Recreation or Mine-Mill Operations? 8. Mineral King Valley: Demand Theory and Resource Valuation 9. Allocation of Prairie Wetlands 10. The Trans-Alaska Pipeline: Environmental Consequences and Alternatives 11. Summary, Conclusions, and Policy Recommendations