This impressive volume analyzes revealed preference approaches to modelling the demand for recreational resources. It presents one of the most thorough treatments of methods that rely on observed behavior to estimate the value of environmental amenities. The authors have brought together a collection of papers by top applied environmental economists, providing professional economists and policy analysts with a comprehensive reference on the current state-of-the-art in recreation demand analysis. The papers encompass both the theory of welfare measurement and practical applications. This volume will be essential reading for those interested in 'tooling up' on revealed preference approaches. For long-term practitioners, the papers provide an invaluable reference on recent developments in their field.

The goal of the book is to examine scientific advances since 2000 that may have increased understanding and options in three general areas related to hypoxia:

Characterization the Cause(s) of Hypoxia. The physical, biological and chemical processes that affect the development, persistence and extent of hypoxia in the northern Gulf of Mexico.

Characterization of Nutrient Fate, Transport and Sources. Nutrient loadings, fate, transport and sources in the Mississippi River that impact Gulf Hypoxia.

Scientific Basis for Goals and Management Options. The scientific basis for, and recommended revisions to, the goals proposed in the Action Plan; and the scientific basis for the efficacy of recommended management actions to reduce nutrient flux from point and nonpoint sources.

In addressing the state of the science, the book focuses on the strengths and limitations of the science in managing the Gulf hypoxia problem, including available data, models and model results and uncertainty. It includes work from the following authors:

C. Kling, Iowa State University, Ames, IA, USA; J.L. Meyer, University of Georgia, Athens, GA, USA; J. Sanders, Skidaway Institute of Oceanography, Savannah, GA, USA; H. Stallworth, Environmental Protection Agency, Washington D.C., USA; T. Armitage, Environmental Protection Agency, Washington, D.C., USA; D. Wangsness, U.S. Geological Survey, Atlanta, GA, USA; T.S. Bianchi, Texas A&M University, College Station, TX, USA; A. Blumberg, Stevens Institute of Technology, Hoboken, NJ, USA; W. Boynton, University of Maryland, MD, USA; D.J. Conley, Lund University, Lund, Sweden; W. Crumpton, Iowa State University, Ames, IA, USA; M.B. David, University of Illinois, Urbana, IL, USA; D. Gilbert, Maurice-Lamontagne Institute, Mont-Joli, Quebec, Canada; R.W. Howarth, Cornell University, Ithaca, NY, USA; R. Lowrance, Agricultural Research Service, USDA, Tifton, GA, USA; K. Mankin, Kansas State University, Manhattan, KS, USA; J. Opaluch, University of Rhode Island, Kingston, RI, USA; H. Paerl, University of North Carolina, Chapel Hill, Morehead City, NC, USA; K. Reckhow, Duke University, Durham, NC, USA; A.N. Sharpley, University of Arkansas, Fayetteville, AR, USA; T.W. Simpson, University of Maryland, College Park, MD, USA; C. Snyder, International Plant Nutrition Institute, USA; Conway, AR; D. Wright, College of William and Mary, Gloucester Point, VA, USA.

The first edition of this important work was the winner of the 2002 Publication of Enduring Quality award by the Association of Environmental and Resource Economists. The continuing premise for the book is that estimates of the economic values of environmental and natural resource services are essential for effective policy-making. As previous editions, the third edition, which includes two additional co-authors, presents a comprehensive treatment of the theory and methods involved in estimating environmental benefits.

Researchers, policy-makers, and practitioners will welcome the work as an up-to-date reference on recent developments. Students will gain a better understanding of the contribution that economics as a discipline can make to decisions concerning pollution control and human health, recreation, environmental amenities, and other critical issues concerning the way we use and interact with environmental and natural resource systems. To reflect recent progress in both the theory and practice of non-market valuation, the third edition includes more details on empirical approaches to measurement, expanded discussion of the reasons for divergence between "willingness to pay" and "willingness to accept compensation," and increased coverage of econometric issues encountered in estimation. In keeping with its cutting edge orientation, it also includes more discussion of survey design, equilibrium sorting models, and the implications of behavioral economics for welfare measurements and benefit cost analysis.

The first edition of this important work was the winner of the 2002 Publication of Enduring Quality award by the Association of Environmental and Resource Economists. The continuing premise for the book is that estimates of the economic values of environmental and natural resource services are essential for effective policy-making. As previous editions, the third edition, which includes two additional co-authors, presents a comprehensive treatment of the theory and methods involved in estimating environmental benefits. Researchers, policy-makers, and practitioners will welcome the work as an up-to-date reference on recent developments. Students will gain a better understanding of the contribution that economics as a discipline can make to decisions concerning pollution control and human health, recreation, environmental amenities, and other critical issues concerning the way we use and interact with environmental and natural resource systems. To reflect recent progress in both the theory and practice of non-market valuation, the third edition includes more details on empirical approaches to measurement, expanded discussion of the reasons for divergence between "willingness to pay" and "willingness to accept compensation," and increased coverage of econometric issues encountered in estimation. In keeping with its cutting edge orientation, it also includes more discussion of survey design, equilibrium sorting models, and the implications of behavioral economics for welfare measurements and benefit cost analysis.

The goal of the book is to examine scientific advances since 2000 that may have increased understanding and options in three general areas related to hypoxia: Characterization the Cause(s) of Hypoxia. The physical, biological and chemical processes that affect the development, persistence and extent of hypoxia in the northern Gulf of Mexico. Characterization of Nutrient Fate, Transport and Sources. Nutrient loadings, fate, transport and sources in the Mississippi River that impact Gulf Hypoxia. Scientific Basis for Goals and Management Options. The scientific basis for, and recommended revisions to, the goals proposed in the Action Plan; and the scientific basis for the efficacy of recommended management actions to reduce nutrient flux from point and nonpoint sources. In addressing the state of the science, the book focuses on the strengths and limitations of the science in managing the Gulf hypoxia problem, including available data, models and model results and uncertainty. It includes work from the following authors: C. Kling, Iowa State University, Ames, IA, USA; J.L. Meyer, University of Georgia, Athens, GA, USA; J.Sanders, Skidaway Institute of Oceanography, Savannah, GA, USA; H. Stallworth, Environmental Protection Agency, Washington D.C., USA; T. Armitage, Environmental Protection Agency, Washington, D.C., USA; D. Wangsness, U.S. Geological Survey, Atlanta, GA, USA; T.S. Bianchi, Texas A&M University, College Station, TX, USA; A. Blumberg, Stevens Institute of Technology, Hoboken, NJ, USA; W. Boynton, University of Maryland, MD, USA; D.J. Conley, Lund University, Lund, Sweden; W. Crumpton, Iowa State University, Ames, IA, USA; M.B. David, University of Illinois, Urbana, IL, USA; D. Gilbert, Maurice-Lamontagne Institute, Mont-Joli, Quebec, Canada; R.W. Howarth, Cornell University, Ithaca, NY, USA; R. Lowrance, Agricultural Research Service, USDA, Tifton, GA, USA; K. Mankin, Kansas State University, Manhattan, KS, USA; J. Opaluch, University of Rhode Island, Kingston, RI, USA; H. Paerl, University of North Carolina, Chapel Hill, Morehead City, NC, USA; K. Reckhow, Duke University, Durham, NC, USA; A.N. Sharpley, University of Arkansas, Fayetteville, AR, USA; T.W. Simpson, University of Maryland, College Park, MD, USA; C. Snyder, International Plant Nutrition Institute, USA; Conway, AR; D.Wright, College of William and Mary, Gloucester Point, VA, US