What's the value of a clean beach? Here's how economists do the numbers
- Written by Timothy Haab, Professor of Environmental Economics, The Ohio State University
How much would you pay to make this disappear?Emilian Robert Vicol, CC BY
Millions of Americans head outdoors in the summer, whether for a day at a nearby lake or a monthlong road trip. For environmental economists like me, decisions by vacationers and outdoor recreators offer clues to a challenging puzzle: estimating what environmental resources...
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