Defensive technology and welfare analysis of environmental quality change with uncertain consumer health impacts

Measuring the ex post losses from environmental quality change is an important issue when environmental contamination creates health risks, liability is assigned, and private compensation efforts are required. This paper proposes a methodology for measuring the ex post welfare impact of environmenta...

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Bibliographic Details
Published in:American journal of agricultural economics 1993-05, Vol.75 (2), p.361-366
Main Authors: Lee, L.K. (University of Connecticut, Storrs), Moffitt, L.J
Format: Article
Language:English
Subjects:
290300 - Energy Planning & Policy- Environment, Health, & Safety
Agricultural economics
Consumer behavior
Consumer choice
Consumer economics
Consumer spending
CONTAMINATION
COST ESTIMATION
defensive technology
DEPENSE PUBLIQUE
ECONOMIA DE BIENESTAR
Economic models
ECONOMIE DU BIEN ETRE
ENERGY PLANNING, POLICY AND ECONOMY
Environmental monitoring
ENVIRONMENTAL QUALITY
Environmental technology
FACTEUR DU MILIEU
FACTORES AMBIENTALES
Financial risk
GASTOS PUBLICOS
HAZARDS
Health
Health care expenditures
HEALTH HAZARDS
health risks
IMPACT SUR L'ENVIRONNEMENT
IMPACTO AMBIENTAL
LIABILITIES
MATHEMATICAL MODELS
MITIGATION
MODELE MATHEMATIQUE
MODELOS MATEMATICOS
POLLUTION
Pollution control
Potable water
PUBLIC HEALTH
Q210
RIESGO
Risk aversion
RISQUE
SALUD
SANTE
Surplus
Sustainable agriculture
TECHNOLOGIE
TECNOLOGIA
welfare analysis
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Description
Summary:Measuring the ex post losses from environmental quality change is an important issue when environmental contamination creates health risks, liability is assigned, and private compensation efforts are required. This paper proposes a methodology for measuring the ex post welfare impact of environmental quality change using market behavior from defensive expenditures. Conditions under which a defensive technology can provide a bound on welfare estimates are identified.
ISSN:0002-9092
1467-8276
DOI:10.2307/1242920