Download or read book External Costs of Coastal Beach Pollution written by Elizabeth A. Wilman and published by Routledge. This book was released on 2015-09-16 with total page 146 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this title, originally published in 1984, Wilman develops and describes a methodology for imputing a monetary value to the loss in beach recreational services that would result from a hypothetical oil spill in the Georges Bank area off Massachusetts. Combining an oil-spill risk analysis model with an hedonic pricing model to generate estimates of beach pollution costs associated with offshore oil development, Wilman makes possible for the first time a rational judgement regarding whether the benefits of developing offshore oil outweigh the costs. This book is a valuable resource for students interested in environmental studies and Wilman’s methodological approach can be used to value other nonmarket resource services in any area.