Abstract
In an article in Water Resources Research 1966 [3], Joe B. Stevens tried to estimate direct recreational benefits from water pollution control by using market demand curves for a sport fishery. The quality of the fishery was represented by the angling success per unit of effort. Water pollution would cause a deterioration in the quality, i.e. would decrease angling success. By estimating a demand function for the sport fishery, both as a function of the price of using the fishery and as a function of the quality variable, Stevens thought he could calculate the recreational benefits or the willingness to pay for maintaining constant quality, from various areas under the demand curves.
I am very grateful to Professors P. Bohm, Clark Reynolds and Robert Solow for valuable comments and suggestions. This project was supported by the Ford Foundation and Stiftelsen Riksbankens Jubileumsfond.
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References
Karlin, S.: Mathematical Methods and Theory in Games, Programming, and Economies, Vol. I. Addison-Wesley, 1959.
Samuelson, P.: The pure theory of public expenditure. Review of Reorient-ice and Statistics XXXVI, no. 4, November, 1954.
Stevens, J.: Recreation benefits from water pollution control. Water Resources Research, Vol. 2, Second Quarter, 1966.
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© 1971 The Swedish Journal of Economics
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Mäler, KG. (1971). A Method of Estimating Social Benefits from Pollution Control. In: Bohm, P., Kneese, A.V. (eds) The Economics of Environment. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-01379-1_8
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DOI: https://doi.org/10.1007/978-1-349-01379-1_8
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