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Routledge - Determining the Economic Value of Water Book

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Description

Understanding the true worth of water resources is essential for effective policy and investment. This volume from Routledge provides a deep look into how economists measure the benefits of water, both as a commodity and as a public good. Whether water is used for agriculture, industry, and households, or serves as a habitat for fisheries and a resource for recreation, its value must be accurately assessed. Because market price signals are often unavailable for many water-related benefits, this book explores the various alternative valuation methods developed by economists. It offers a comprehensive exposition of how to apply these methods to proposed water resources investments and policies. By providing a conceptual framework for valuation, this text serves as a vital resource for those conducting cost-benefit analyses in complex environments where traditional pricing is not an option.

Key Features

Explores water as a commodity for essential uses in agriculture, industry, and household sectors.

Covers the valuation of water as a public good, including fisheries habitat, water quality, and recreational use.

Provides a range of alternative valuation methods used when market price signals are unavailable.

Offers a comprehensive exposition of economic valuation methods applied to water resources investments.

Delivers a conceptual framework for the valuation of various water resources and policies.

Supports cost-benefit analysis through detailed economic theories and practical application methods.

Product Specifications

Format
hardcover
Domain
Amazon UK
Release Date
16 July 2014
Listed Since
07 December 2013

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