Natural
Resource Economics; UCLA (Graduate, 1997) Cameron; Detailed Curriculum;
Non-market Resources
NON-MARKET RESOURCES:
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Revealed versus Stated Preferences
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Hedonic property value and wage methods
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Travel cost methods
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Random utility model (RUM) methods
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Contingent valuation and contingent behavior methods
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Natural Resources Damage Assessment
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Freeman, A. Myrick (199?) ...Washington, D.C.; Resources for the Future.
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Smith, V. Kerry (1997) Estimating Economic Values for Nature: Methods
for Non-Market Valuation, Brookfield: Edward Elgar.
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Bjornstad, David J., and James R. Kahn (1996) The Contingent Valuation
of Environmental Resources: Methodological Issues and Research Needs,
Brookfield: Edward Elgar.
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Johansson, Per Olov (1987) The Economics Theory and Measurement of Environmental
Benefits, Cambridge: Cambridge University Press.
Supplemental:
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Smith, V. Kerry (1990) "Can We Measure the Economic Value of Environmental
Amenities?" Southern Economic Journal, 56(4), pp. 865-78.
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Smith, V.K. (1993) "Nonmarket Valuation of Environmental Resources: An
Interpretive Appraisal," Land Economics, 69(1), February, pp. 1-26.
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McConnell, K.E. (1985) "The Economics of Outdoor Recreation," HNREE-
Other literature:
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Barbier, Edward B. (1994) "Valuing Environmental Functions: Tropical Wetlands,"
Land Economics, 70(2) May, pp. 155-73.
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Cameron, T. A. (1988) "A New Paradigm..." JEEM 1988??
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Cameron, T.A. (1992) "Combining Contingent Valuation and Travel Cost Data
for the Valuation of Nonmarket Goods" Land Economics, August, pp.
302-317.
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Diamond, Peter A. and Jerry A. Hausman (1994) "Contingent Valuation: Is
Some Number Better than No Number?" Journal of Economic Perspectives
8(4) Fall, pp. 45- 64.
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Hanemann, W. Michael (1994) "Valuing the Environment Through Contingent
Valuation," Journal of Economic Perspectives 8(4) Fall, pp. 19-43.
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Hellerstein, Daniel and Robert Mendelsohn (1993) "A Theoretical Foundation
for Count Data Models," American Journal of Agricultural Economics
75(3), pp. 604-611.
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Johansson, Per-Olov (1994) Cost-Benefit Analysis of Environmental Change,
Cambridge: Cambridge University Press.
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Johansson, Per-Olov "How to Overcome the Problem of Preference Revelation;
Practical Methodologies," Chapter 7 in ????, pp. 93-125.
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Morey, E. (1994) "Two RUMs unCloaked: Nested-Logit Models of Site Choice
and Nested-Logit Models of Participation and Site Choice," manuscript
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Morey, E.E. Robert D. Rowe, and Michael Watson (1993) "A Repeated Nested
Logit Model of Atlantic Salmon Fishing," American Journal of Agricultural
Economics, 75(3), August, pp. 578-92.
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Portney, Paul R. (1994) "The Contingent Valuation Debate: Why Economists
Should Care," Journal of Economic Perspectives 8(4), Fall, pp. 3-17.
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Randall, Alan (1994) "A Difficulty with the Travel Cost Method," Land
Economics, February, 70(1), pp. 88-96.
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Rosenthal, D.H. (1987) "The Necessity for Substitute Prices in Recreation
Demand Analysis," American Journal of Agricultural Economics, November,
pp. 828- 837.
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Shogren, Jason F., Seung Y. Shin, Dermot J. Hayes, and James B. Kleibenstein
(1994) "Resolving Differences in Willingness to Pay and Willingness to
Accept," American Economic Review 84(1), pp. 255-270.
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Smith, V. Kerry (1990) "Valuing Amenity Resources under Uncertainty: A
Skeptical View of Recent Resolution," JEEM 19(2) pp. 192-102.
Recent Material:
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Kopp, Raymond J. and V. Kerry Smith (1993) Valuing Natural Assets: The
Economics of Natural Resource Damage Assessment, Washington, D.C.:
Resources for the Future.
WoPEc Working Paper links 
Last updated: January 2,1997 [3:18pm (Thursday)]
Will be revised during the quarter.
e-mail: tcameron@econ.ucla.edu