4119464044

4119464044 - &theEnvironment ThursdayFebruary18,2010...

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    ENVS 25  Political Economy  Thursday February 18, 2010 6:00 pm Section “Chapters 8 & 10 plus Application 6.3”
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    REMINDERS    Readings for remainder of quarter now  on WebCT Pop Quiz due tonight by midnight My Office hours next wk: Th 10-12 Last opportunity to pick up midterms  during class is TODAY’S SECTION!
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    SECTION AGENDA  Review solution to Application 6.3
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    Goodstein:  Ch. 8 (5th ed) Measuring the Benefits of  Environmental Protection   Market benefits -   measure dollar value Nonmarket benefits -   use nonmkt tools Examples? Total Value = Use + Option + Existence Use: value in use Option: a resource has option value if the  future benefits are uncertain and resource  depletion is irreversible Existence: obtaining value from the existence  of a species
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4119464044 - &theEnvironment ThursdayFebruary18,2010...

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