Applications of Environmental Valuation for Determining Externality Costs†

Increased Compensation Costs : an Externality of Mandatory

A debate opposes many accounting, finance, and economics researchers on investors’ need for disclosure regulation. Indeed, Healy and Palepu (2001) note that extent theory on voluntary disclosure shows that, absent market imperfections or externalities, firm managers have incentives to optimally trade off the costs and benefits of voluntary disclosure and to provide the efficient level of inform...

A theoretical framework for determining environmental costs, benefits, and the net welfare effects associated with hazardous waste management

M.A. Abdoli 1 , B. Tavakoli *1,2, M.H. Menhaj3 1- Dept. of Environmental Engineering, University of Tehran, Faculty of Environmental Science, Tehran, Iran. 2-Dept. of Environment, Faculty of Natural Resources, University of Guilan, Someh Sara, Iran 3- Dept. of Rural Development, Faculty of Agricultural Sciences, University of Guilan, Rasht, Iran *Corresponding Author's E-mail: Babak_1...

A Differential Oligopoly Game with Sticky Prices and Environmental Externality

Environmental Valuation: Damage Schedules

Increasing concerns over environmental degradation have amplified the role of environmental economics and the valuation of non-pecuniary environmental resources as tools of analysis to facilitate the design of policies. To date, however, environmental valuation methods have continued to be unreliable, misleading and contentious as a guide to resource allocations and damage compensations. Damage...

Evaluating Health Care Externality Costs Generated by Risky Consumption Goods

We present an overlapping-generations (OLG) macroeconomic model that applies a behavioral interpretation of preferences for goods that generate health risks. In this paper proneness to poor health is viewed as a cognitive miscalculation by economic agents between their expected health state over various consumption bundles and the actual health care they require for their health outcome. To mod...