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Article
Estimating Willingness to Pay for River Amenities and Safety Measures Associated with Shale Gas Extraction
Eastern Economics Journal (2013)
  • Thomas C. Kinnaman, Bucknell University
Abstract

This paper utilizes a Contingent Valuation Method survey of a random sample of residents to estimate that households are willing to pay an average of $12.00 per month for public projects designed to improve river access and $10.46 per month for additional safety measures that would eliminate risks to local watersheds from drilling for natural gas from underground shale formations. These estimates can be compared to the costs of providing each of these two amenities to help foster the formation of efficient policy decisions.

Disciplines
Publication Date
2013
Citation Information
Thomas C. Kinnaman. "Estimating Willingness to Pay for River Amenities and Safety Measures Associated with Shale Gas Extraction" Eastern Economics Journal Vol. 39 Iss. 1 (2013)
Available at: http://works.bepress.com/thomas_kinnaman/13/