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Estimating option values and spillover damages for coastal protection : evidence from Oregon’s Planning Goal 18

Creator:

Dundas, Steven J. and Lewis, David J.

Abstract:

Estimating nonmarket benefits for erosion protection can help inform better decision making and policies for communities to adapt to climate change. We estimate private values for a coastal protection option in an empirical setting subject to irreversible loss from coastal erosion and a land-use policy that provides identifying variation in...

Resource Type:

Article