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<!DOCTYPE html><html><head><title>Determining the Economic Value of Water: Concepts and Methods - Robert A. Young, John B. Loomis - Google Books</title><link rel="stylesheet" href="/books/css/_ec96e51d33cf9f351cbc007f46874f6c/kl_about_this_book_kennedy_full_bundle.css" type="text/css" /><link rel="stylesheet"href="https://fonts.googleapis.com/css2?family=Product+Sans:wght@400"><script src="/books/javascript/atb_ec96e51d33cf9f351cbc007f46874f6c__en.js"></script><link rel="canonical" href="https://books.google.com/books/about/Determining_the_Economic_Value_of_Water.html?id=brDcAwAAQBAJ"/><meta property="og:url" content="https://books.google.com/books/about/Determining_the_Economic_Value_of_Water.html?id=brDcAwAAQBAJ"/><meta name="title" content="Determining the Economic Value of Water"/><meta name="description" content="Water provides benefits as a commodity for agriculture, industry, and households, and as a public good such as fisheries habitat, water quality and recreational use. To aid in cost-benefit analysis under conditions where market determined price signals are usually unavailable, economists have developed a range of alternative valuation methods for measuring economic benefits. This volume provides the most comprehensive exposition to-date of the application of economic valuation methods to proposed water resources investments and policies. It provides a conceptual framework for valuation of both commodity and public good uses of water, addressing non-market valuation techniques appropriate to measuring public benefits - including water quality improvement, recreation, and fish habitat enhancement. The book describes the various measurement methods, illustrates how they are applied in practice, and discusses their strengths, limitations, and appropriate roles. In this second edition, all chapters have been thoroughly updated, and in particular the coverage of water markets and valuation of ecosystem services from water has been expanded. Robert Young, author of the 2005 edition, has been joined for this new edition by John Loomis, who brings additional expertise on ecosystem services and the environmental economics of water for recreational and other public good uses of water."/><meta property="og:title" content="Determining the Economic Value of Water"/><meta property="og:type" content="book"/><meta property="og:site_name" content="Google Books"/><meta property="og:image" content="https://books.google.com.sg/books/publisher/content?id=brDcAwAAQBAJ&printsec=frontcover&img=1&zoom=1&edge=curl&imgtk=AFLRE71x7-1520nlpXYQ6gEzMXD2obZam8RTZ4kLURWkW4OphGq_IhQAcLFhEdT7li8EocT1bXhC5J8Fy9naoZAf4XXBcp_HHLvDf2CXYVMbqclapWY3614OUIumB8IG7tMAtaPNnPwb"/><link rel="image_src" href="https://books.google.com.sg/books/publisher/content?id=brDcAwAAQBAJ&printsec=frontcover&img=1&zoom=1&edge=curl&imgtk=AFLRE71x7-1520nlpXYQ6gEzMXD2obZam8RTZ4kLURWkW4OphGq_IhQAcLFhEdT7li8EocT1bXhC5J8Fy9naoZAf4XXBcp_HHLvDf2CXYVMbqclapWY3614OUIumB8IG7tMAtaPNnPwb"/><script></script><style>#gbar,#guser{font-size:13px;padding-top:1px !important;}#gbar{height:22px}#guser{padding-bottom:7px !important;text-align:right}.gbh,.gbd{border-top:1px solid #c9d7f1;font-size:1px}.gbh{height:0;position:absolute;top:24px;width:100%}@media all{.gb1{height:22px;margin-right:.5em;vertical-align:top}#gbar{float:left}}a.gb1,a.gb4{text-decoration:underline !important}a.gb1,a.gb4{color:#00c !important}.gbi .gb4{color:#dd8e27 !important}.gbf .gb4{color:#900 !important} #gbar { padding:.3em .6em !important;}</style></head><body class=""><div id=gbar><nobr><a target=_blank class=gb1 href="https://www.google.com.sg/search?tab=pw">Search</a> <a target=_blank class=gb1 href="https://www.google.com.sg/imghp?hl=en&tab=pi">Images</a> <a target=_blank class=gb1 href="https://maps.google.com.sg/maps?hl=en&tab=pl">Maps</a> <a target=_blank class=gb1 href="https://play.google.com/?hl=en&tab=p8">Play</a> <a target=_blank class=gb1 href="https://www.youtube.com/?tab=p1">YouTube</a> <a target=_blank class=gb1 href="https://news.google.com/?tab=pn">News</a> <a target=_blank class=gb1 href="https://mail.google.com/mail/?tab=pm">Gmail</a> <a target=_blank class=gb1 href="https://drive.google.com/?tab=po">Drive</a> <a target=_blank class=gb1 style="text-decoration:none" href="https://www.google.com.sg/intl/en/about/products?tab=ph"><u>More</u> »</a></nobr></div><div id=guser width=100%><nobr><span id=gbn class=gbi></span><span id=gbf class=gbf></span><span id=gbe></span><a target=_top id=gb_70 href="https://www.google.com/accounts/Login?service=print&continue=https://books.google.com.sg/books%3Fid%3DbrDcAwAAQBAJ%26source%3Dgbs_navlinks_s%26hl%3Den&hl=en&ec=GAZACg" class=gb4>Sign in</a></nobr></div><div class=gbh style=left:0></div><div class=gbh style=right:0></div><div role="alert" style="position: absolute; left: 0; right: 0;"><a href="https://books.google.com.sg/books?id=brDcAwAAQBAJ&source=gbs_navlinks_s&hl=en&output=html_text" title="Screen reader users: click this link for accessible mode. 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Young</span></a>, <a href="https://www.google.com.sg/search?tbo=p&tbm=bks&q=inauthor:%22John+B.+Loomis%22" class="secondary"><span dir=ltr>John B. Loomis</span></a></div><div><span dir=ltr>Routledge</span>, <span dir=ltr>23 Jul 2014</span> - <a class="secondary" href="https://www.google.com.sg/search?tbo=p&tbm=bks&q=subject:%22Business+%26+Economics%22&source=gbs_ge_summary_r&cad=0"><span dir=ltr>Business & Economics</span></a> - <span dir=ltr>358 pages</span></div></div><div id=synopsis><div id=synopsis-window><div id=synopsistext dir=ltr class="sa"><p>Water provides benefits as a commodity for agriculture, industry, and households, and as a public good such as fisheries habitat, water quality and recreational use. To aid in cost-benefit analysis under conditions where market determined price signals are usually unavailable, economists have developed a range of alternative valuation methods for measuring economic benefits. </p><p>This volume provides the most comprehensive exposition to-date of the application of economic valuation methods to proposed water resources investments and policies. It provides a conceptual framework for valuation of both commodity and public good uses of water, addressing non-market valuation techniques appropriate to measuring public benefits - including water quality improvement, recreation, and fish habitat enhancement. The book describes the various measurement methods, illustrates how they are applied in practice, and discusses their strengths, limitations, and appropriate roles. </p><p>In this second edition, all chapters have been thoroughly updated, and in particular the coverage of water markets and valuation of ecosystem services from water has been expanded. Robert Young, author of the 2005 edition, has been joined for this new edition by John Loomis, who brings additional expertise on ecosystem services and the environmental economics of water for recreational and other public good uses of water.</p></div></div></div><div class="search_box_wrapper"><form action=/books id=search_form style="margin:0px;padding:0px;" method=get> <input type=hidden name="id" value="brDcAwAAQBAJ"><table cellpadding=0 cellspacing=0 class="swv-table"><tr><td class="swv-td-search"><span><input id=search_form_input type=text maxlength=1024 class="text_flat swv-input-search" aria-label="Search in this book" name=q value="" title="Search inside" accesskey=i></span></td><td class="swv-td-space"><div> </div></td><td><input type=submit value="Search inside"></td></tr></table><script type="text/javascript">if (window['_OC_autoDir']) {_OC_autoDir('search_form_input');}</script></form><div id="preview-link"><a href="https://books.google.com.sg/books?id=brDcAwAAQBAJ&printsec=frontcover" class="primary"><span dir=ltr>Preview this book</span> »</a></div></div></td> </tr></table><div id="summary-second-column"></div></div></div></div></div><div class=vertical_module_list_row><h3 class=about_title><a name="selected_pages_anchor"></a>Selected pages</h3><div id=selected_pages class=about_content><div id=selected_pages_v><div class="selectedpagesthumbnail"><a href="https://books.google.com.sg/books?id=brDcAwAAQBAJ&pg=PR5&source=gbs_selected_pages&cad=1" ><img src="https://books.google.com.sg/books/publisher/content?id=brDcAwAAQBAJ&pg=PR5&img=1&zoom=1&sig=ACfU3U2bwNsqguaKJNYZIHjbkQipZFhZGw" alt="Title Page" title="Title Page" height="160" border="1"></a><br/><a class="primary" href="https://books.google.com.sg/books?id=brDcAwAAQBAJ&pg=PR5&source=gbs_selected_pages&cad=1" >Title Page</a></div><div class="selectedpagesthumbnail"><a href="https://books.google.com.sg/books?id=brDcAwAAQBAJ&pg=PR7&source=gbs_selected_pages&cad=1" ><img src="https://books.google.com.sg/books/publisher/content?id=brDcAwAAQBAJ&pg=PR7&img=1&zoom=1&sig=ACfU3U23ZUoPIPBMLJ1WqJDI71jgPCcdgg" alt="Table of Contents" title="Table of Contents" height="160" border="1"></a><br/><a class="primary" href="https://books.google.com.sg/books?id=brDcAwAAQBAJ&pg=PR7&source=gbs_selected_pages&cad=1" >Table of Contents</a></div><div class="selectedpagesthumbnail"><a href="https://books.google.com.sg/books?id=brDcAwAAQBAJ&pg=PA329&source=gbs_selected_pages&cad=1" ><img src="https://books.google.com.sg/books/publisher/content?id=brDcAwAAQBAJ&pg=PA329&img=1&zoom=1&sig=ACfU3U3abwKfP7SnivQDrcfTaYYXu5UZPQ" alt="Index" title="Index" height="160" border="1"></a><br/><a class="primary" href="https://books.google.com.sg/books?id=brDcAwAAQBAJ&pg=PA329&source=gbs_selected_pages&cad=1" >Index</a></div><div class="selectedpagesthumbnail"><a href="https://books.google.com.sg/books?id=brDcAwAAQBAJ&pg=PA301&source=gbs_selected_pages&cad=1" ><img src="https://books.google.com.sg/books/publisher/content?id=brDcAwAAQBAJ&pg=PA301&img=1&zoom=1&sig=ACfU3U1xuANryg9fZrR80c5-jtrz424xuQ" alt="References" title="References" height="160" border="1"></a><br/><a class="primary" href="https://books.google.com.sg/books?id=brDcAwAAQBAJ&pg=PA301&source=gbs_selected_pages&cad=1" >References</a></div><div style="clear:both;"></div></div></div></div><div class=vertical_module_list_row><h3 class=about_title><a name="toc_anchor"></a>Contents</h3><div id=toc class=about_content><div id=toc_v><div class="first_toc_column"><div class="first_toc_pad"><table><tr><td class="toc_entry"><div class="toc_entry"><span style="white-space:nowrap"><span dir=ltr>PART II Methods for Valuing Producers and Consumers Values of Water</span></span></div></td><td class="toc_number" align=right>47</td></tr><tr><td class="toc_border"> </td><td class="toc_border"></td></tr><tr><td class="toc_entry"><div class="toc_entry"><span style="white-space:nowrap"><span dir=ltr>PART III Applications of Valuation Methods</span></span></div></td><td class="toc_number" align=right>145</td></tr><tr><td class="toc_border"> </td><td class="toc_border"></td></tr><tr><td class="toc_entry"><div class="toc_entry"><span style="white-space:nowrap"><span dir=ltr>Glossary</span></span></div></td><td class="toc_number" align=right>289</td></tr><tr><td class="toc_border"> </td><td class="toc_border"></td></tr><tr><td class="toc_entry"><div class="toc_entry"><span style="white-space:nowrap"><span dir=ltr>Water Volumes and Flows</span></span></div></td><td class="toc_number" align=right>299</td></tr><tr><td class="toc_border"> </td><td class="toc_border"></td></tr></table></div></div><div class="second_toc_column"><div class="second_toc_pad"><table><tr><td class="toc_entry"><div class="toc_entry"><a class="primary" href="https://books.google.com.sg/books?id=brDcAwAAQBAJ&pg=PA301&source=gbs_toc_r&cad=2" ><span title="References" style="white-space:nowrap"><span dir=ltr>References</span></span></a></div></td><td class="toc_number" align=right>301</td></tr><tr><td class="toc_border"> </td><td class="toc_border"></td></tr><tr><td class="toc_entry"><div class="toc_entry"><a class="primary" href="https://books.google.com.sg/books?id=brDcAwAAQBAJ&pg=PA329&source=gbs_toc_r&cad=2" ><span title="Index" style="white-space:nowrap"><span dir=ltr>Index</span></span></a></div></td><td class="toc_number" align=right>329</td></tr><tr><td class="toc_border"> </td><td class="toc_border"></td></tr><tr><td class="toc_entry"><div class="toc_entry"><a class="primary" href="https://books.google.com.sg/books?id=brDcAwAAQBAJ&printsec=copyright" ><span title="Copyright" style="white-space:nowrap"><span dir=ltr>Copyright</span></span></a></div></td><td class="toc_number" align=right></td></tr><tr><td class="toc_border"> </td><td class="toc_border"></td></tr></table></div></div><br style="clear:both;"/></div><div style="clear:left; height:1em"></div></div></div><div class=vertical_module_list_row><h3 class=about_title><a name="book_other_versions_anchor"></a>Other editions - <a href='https://books.google.com.sg/books?q=editions:ISBN1135040524&id=brDcAwAAQBAJ'>View all</a></h3><div id=book_other_versions class=about_content><div id=book_other_versions_v><div class="one-third-column"><div class="crsiwrapper"><table class="rsi" cellspacing=0 cellpadding=0 border=0><tr><td class="coverdstd" align="center"><a href="https://books.google.com.sg/books?id=81tN87vW7NgC&source=gbs_book_other_versions_r&cad=3" ><img alt="" class="coverthumb hover-card-attach-point" src="https://books.google.com.sg/books/publisher/content?id=81tN87vW7NgC&printsec=frontcover&img=1&zoom=5&edge=curl" border="0" height="80"></a></td><td valign=top><div class=resbdy><a class="primary cresbdy" href="https://books.google.com.sg/books?id=81tN87vW7NgC&printsec=frontcover&source=gbs_book_other_versions_r&cad=3"><span dir=ltr>Determining the Economic Value of Water: Concepts and Methods</span></a><br><span style="line-height: 1.3em; font-size:-1;"><span><a href="https://www.google.com.sg/search?tbo=p&tbm=bks&q=inauthor:%22Robert+Alton+Young%22" class="secondary"><span dir=ltr>Robert Alton Young</span></a>,<a href="https://www.google.com.sg/search?tbo=p&tbm=bks&q=inauthor:%22Robert+A.+Young%22" class="secondary"><span dir=ltr>Robert A. Young</span></a></span><br/><span><span style="color:#99522e">Limited preview</span> - 2010</span><br/></span></div></td><td align=right></td></tr></table></div></div><div class="one-third-column"><div class="crsiwrapper"><table class="rsi" cellspacing=0 cellpadding=0 border=0><tr><td class="coverdstd" align="center"><a href="https://books.google.com.sg/books?id=ALDcAwAAQBAJ&source=gbs_book_other_versions_r&cad=3" ><img alt="" class="coverthumb hover-card-attach-point" src="https://books.google.com.sg/books/publisher/content?id=ALDcAwAAQBAJ&printsec=frontcover&img=1&zoom=5&edge=curl" border="0" height="80"></a></td><td valign=top><div class=resbdy><a class="primary cresbdy" href="https://books.google.com.sg/books?id=ALDcAwAAQBAJ&printsec=frontcover&source=gbs_book_other_versions_r&cad=3"><span dir=ltr>Determining the Economic Value of Water: Concepts and Methods</span></a><br><span style="line-height: 1.3em; font-size:-1;"><span><a href="https://www.google.com.sg/search?tbo=p&tbm=bks&q=inauthor:%22Robert+A.+Young%22" class="secondary"><span dir=ltr>Robert A. Young</span></a>,<a href="https://www.google.com.sg/search?tbo=p&tbm=bks&q=inauthor:%22John+B.+Loomis%22" class="secondary"><span dir=ltr>John B. Loomis</span></a></span><br/><span><span style="color:#99522e">Limited preview</span> - 2014</span><br/></span></div></td><td align=right></td></tr></table></div></div><div class="one-third-column"><div class="crsiwrapper"><table class="rsi" cellspacing=0 cellpadding=0 border=0><tr><td class="coverdstd" align="center"><a href="https://books.google.com.sg/books?id=dU9CTu74n7wC&source=gbs_book_other_versions_r&cad=3" ><img alt="" class="coverthumb hover-card-attach-point" src="https://books.google.com.sg/books/publisher/content?id=dU9CTu74n7wC&printsec=frontcover&img=1&zoom=5&edge=curl" border="0" height="80"></a></td><td valign=top><div class=resbdy><a class="primary cresbdy" href="https://books.google.com.sg/books?id=dU9CTu74n7wC&printsec=frontcover&source=gbs_book_other_versions_r&cad=3"><span dir=ltr>Determining the Economic Value of Water: Concepts and Methods</span></a><br><span style="line-height: 1.3em; font-size:-1;"><span><a href="https://www.google.com.sg/search?tbo=p&tbm=bks&q=inauthor:%22Robert+A.+Young%22" class="secondary"><span dir=ltr>Robert A. Young</span></a></span><br/><span><span style="color:#99522e">Limited preview</span> - 2010</span><br/></span></div></td><td align=right></td></tr></table></div></div><div style="clear:both"></div><div class="showall"><a class="secondary" href="https://books.google.com.sg/books?q=editions:ISBN1135040524&id=brDcAwAAQBAJ&source=gbs_book_other_versions_r&cad=3">View all »</a></div><script>(function () {var fn = window['_OC_WSBookList'] || window['_OC_BookList'];fn && fn('book_other_versions', [{"title":"Determining the Economic Value of Water","authors":"Robert Alton Young, Robert A. 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Methods"}]);})();</script></div></div></div><div class=vertical_module_list_row><h3 class=about_title><a name="word_cloud_anchor"></a>Common terms and phrases</h3><div id=word_cloud class=about_content><div id=word_cloud_v><style type="text/css">.cloud9 {color: #7777cc;font-size: 10px;}.cloud8 {color: #6963CC;font-size: 10.5px;}.cloud7 {color: #6057CC;font-size: 11px;}.cloud6 {color: #574BCC;font-size: 11.5px;}.cloud5 {color: #4E3DCC;font-size: 12px;}.cloud4 {color: #4632CC;font-size: 14px;}.cloud3 {color: #3D26CC;font-size: 16px;}.cloud2 {color: #341ACC;font-size: 18px;}.cloud1 {color: #2B0DCC;font-size: 20px;}.cloud0 {color: #2200CC;font-size: 22px;}.cloud {margin-top: 4px;line-height: 24px;}.cloud a {margin-right: 6px;text-decoration: none;}.cloud a:hover {text-decoration: underline;}</style><div class=cloud><a href="https://books.google.com.sg/books?id=brDcAwAAQBAJ&q=acre-foot&source=gbs_word_cloud_r&cad=4" class="cloud0"><span dir=ltr>acre-foot</span></a> <a href="https://books.google.com.sg/books?id=brDcAwAAQBAJ&q=agricultural&source=gbs_word_cloud_r&cad=4" class="cloud3"><span dir=ltr>agricultural</span></a> <a href="https://books.google.com.sg/books?id=brDcAwAAQBAJ&q=allocation&source=gbs_word_cloud_r&cad=4" class="cloud7"><span dir=ltr>allocation</span></a> <a href="https://books.google.com.sg/books?id=brDcAwAAQBAJ&q=alternative+cost&source=gbs_word_cloud_r&cad=4" class="cloud8"><span dir=ltr>alternative cost</span></a> <a href="https://books.google.com.sg/books?id=brDcAwAAQBAJ&q=analysis&source=gbs_word_cloud_r&cad=4" class="cloud3"><span dir=ltr>analysis</span></a> <a href="https://books.google.com.sg/books?id=brDcAwAAQBAJ&q=annual&source=gbs_word_cloud_r&cad=4" class="cloud8"><span dir=ltr>annual</span></a> <a href="https://books.google.com.sg/books?id=brDcAwAAQBAJ&q=applied&source=gbs_word_cloud_r&cad=4" class="cloud6"><span dir=ltr>applied</span></a> <a href="https://books.google.com.sg/books?id=brDcAwAAQBAJ&q=approach&source=gbs_word_cloud_r&cad=4" class="cloud7"><span dir=ltr>approach</span></a> <a href="https://books.google.com.sg/books?id=brDcAwAAQBAJ&q=assumptions&source=gbs_word_cloud_r&cad=4" class="cloud8"><span dir=ltr>assumptions</span></a> <a href="https://books.google.com.sg/books?id=brDcAwAAQBAJ&q=at-source+values&source=gbs_word_cloud_r&cad=4" class="cloud7"><span dir=ltr>at-source values</span></a> <a href="https://books.google.com.sg/books?id=brDcAwAAQBAJ&q=average&source=gbs_word_cloud_r&cad=4" class="cloud8"><span dir=ltr>average</span></a> <a href="https://books.google.com.sg/books?id=brDcAwAAQBAJ&q=behavior&source=gbs_word_cloud_r&cad=4" class="cloud8"><span dir=ltr>behavior</span></a> <a href="https://books.google.com.sg/books?id=brDcAwAAQBAJ&q=biofuels&source=gbs_word_cloud_r&cad=4" class="cloud3"><span dir=ltr>biofuels</span></a> <a href="https://books.google.com.sg/books?id=brDcAwAAQBAJ&q=capital&source=gbs_word_cloud_r&cad=4" class="cloud6"><span dir=ltr>capital</span></a> <a href="https://books.google.com.sg/books?id=brDcAwAAQBAJ&q=Chapter&source=gbs_word_cloud_r&cad=4" class="cloud8"><span dir=ltr>Chapter</span></a> <a href="https://books.google.com.sg/books?id=brDcAwAAQBAJ&q=concept&source=gbs_word_cloud_r&cad=4" class="cloud8"><span dir=ltr>concept</span></a> <a href="https://books.google.com.sg/books?id=brDcAwAAQBAJ&q=consumer+surplus&source=gbs_word_cloud_r&cad=4" class="cloud2"><span dir=ltr>consumer surplus</span></a> <a href="https://books.google.com.sg/books?id=brDcAwAAQBAJ&q=consumers&source=gbs_word_cloud_r&cad=4" class="cloud7"><span dir=ltr>consumers</span></a> <a href="https://books.google.com.sg/books?id=brDcAwAAQBAJ&q=consumption&source=gbs_word_cloud_r&cad=4" class="cloud8"><span dir=ltr>consumption</span></a> <a href="https://books.google.com.sg/books?id=brDcAwAAQBAJ&q=Contingent+Valuation&source=gbs_word_cloud_r&cad=4" class="cloud0"><span dir=ltr>Contingent Valuation</span></a> <a href="https://books.google.com.sg/books?id=brDcAwAAQBAJ&q=cost+method&source=gbs_word_cloud_r&cad=4" class="cloud8"><span dir=ltr>cost method</span></a> <a href="https://books.google.com.sg/books?id=brDcAwAAQBAJ&q=crop&source=gbs_word_cloud_r&cad=4" class="cloud3"><span dir=ltr>crop</span></a> <a href="https://books.google.com.sg/books?id=brDcAwAAQBAJ&q=damages&source=gbs_word_cloud_r&cad=4" class="cloud6"><span dir=ltr>damages</span></a> <a href="https://books.google.com.sg/books?id=brDcAwAAQBAJ&q=demand+function&source=gbs_word_cloud_r&cad=4" class="cloud6"><span dir=ltr>demand function</span></a> <a href="https://books.google.com.sg/books?id=brDcAwAAQBAJ&q=derived&source=gbs_word_cloud_r&cad=4" class="cloud6"><span dir=ltr>derived</span></a> <a href="https://books.google.com.sg/books?id=brDcAwAAQBAJ&q=developing+countries&source=gbs_word_cloud_r&cad=4" class="cloud8"><span dir=ltr>developing countries</span></a> <a href="https://books.google.com.sg/books?id=brDcAwAAQBAJ&q=econometric&source=gbs_word_cloud_r&cad=4" class="cloud2"><span dir=ltr>econometric</span></a> <a href="https://books.google.com.sg/books?id=brDcAwAAQBAJ&q=economic+rents&source=gbs_word_cloud_r&cad=4" class="cloud2"><span dir=ltr>economic rents</span></a> <a href="https://books.google.com.sg/books?id=brDcAwAAQBAJ&q=economic+value&source=gbs_word_cloud_r&cad=4" class="cloud6"><span dir=ltr>economic value</span></a> <a href="https://books.google.com.sg/books?id=brDcAwAAQBAJ&q=economists&source=gbs_word_cloud_r&cad=4" class="cloud6"><span dir=ltr>economists</span></a> <a href="https://books.google.com.sg/books?id=brDcAwAAQBAJ&q=ecosystem+services&source=gbs_word_cloud_r&cad=4" class="cloud0"><span dir=ltr>ecosystem services</span></a> <a href="https://books.google.com.sg/books?id=brDcAwAAQBAJ&q=environmental&source=gbs_word_cloud_r&cad=4" class="cloud3"><span dir=ltr>environmental</span></a> <a href="https://books.google.com.sg/books?id=brDcAwAAQBAJ&q=Environmental+Economics&source=gbs_word_cloud_r&cad=4" class="cloud2"><span dir=ltr>Environmental Economics</span></a> <a href="https://books.google.com.sg/books?id=brDcAwAAQBAJ&q=equation&source=gbs_word_cloud_r&cad=4" class="cloud8"><span dir=ltr>equation</span></a> <a href="https://books.google.com.sg/books?id=brDcAwAAQBAJ&q=estimate&source=gbs_word_cloud_r&cad=4" class="cloud1"><span dir=ltr>estimate</span></a> <a href="https://books.google.com.sg/books?id=brDcAwAAQBAJ&q=evaluation&source=gbs_word_cloud_r&cad=4" class="cloud6"><span dir=ltr>evaluation</span></a> <a href="https://books.google.com.sg/books?id=brDcAwAAQBAJ&q=farm&source=gbs_word_cloud_r&cad=4" class="cloud7"><span dir=ltr>farm</span></a> <a href="https://books.google.com.sg/books?id=brDcAwAAQBAJ&q=firm&source=gbs_word_cloud_r&cad=4" class="cloud8"><span dir=ltr>firm</span></a> <a href="https://books.google.com.sg/books?id=brDcAwAAQBAJ&q=flood&source=gbs_word_cloud_r&cad=4" class="cloud6"><span dir=ltr>flood</span></a> <a href="https://books.google.com.sg/books?id=brDcAwAAQBAJ&q=forgone&source=gbs_word_cloud_r&cad=4" class="cloud7"><span dir=ltr>forgone</span></a> <a href="https://books.google.com.sg/books?id=brDcAwAAQBAJ&q=groundwater&source=gbs_word_cloud_r&cad=4" class="cloud3"><span dir=ltr>groundwater</span></a> <a href="https://books.google.com.sg/books?id=brDcAwAAQBAJ&q=hedonic+property+value&source=gbs_word_cloud_r&cad=4" class="cloud8"><span dir=ltr>hedonic property value</span></a> <a href="https://books.google.com.sg/books?id=brDcAwAAQBAJ&q=household&source=gbs_word_cloud_r&cad=4" class="cloud6"><span dir=ltr>household</span></a> <a href="https://books.google.com.sg/books?id=brDcAwAAQBAJ&q=hydropower&source=gbs_word_cloud_r&cad=4" class="cloud1"><span dir=ltr>hydropower</span></a> <a href="https://books.google.com.sg/books?id=brDcAwAAQBAJ&q=improving+water+quality&source=gbs_word_cloud_r&cad=4" class="cloud8"><span dir=ltr>improving water quality</span></a> <a href="https://books.google.com.sg/books?id=brDcAwAAQBAJ&q=income&source=gbs_word_cloud_r&cad=4" class="cloud7"><span dir=ltr>income</span></a> <a href="https://books.google.com.sg/books?id=brDcAwAAQBAJ&q=increased&source=gbs_word_cloud_r&cad=4" class="cloud8"><span dir=ltr>increased</span></a> <a href="https://books.google.com.sg/books?id=brDcAwAAQBAJ&q=incremental&source=gbs_word_cloud_r&cad=4" class="cloud7"><span dir=ltr>incremental</span></a> <a href="https://books.google.com.sg/books?id=brDcAwAAQBAJ&q=industrial+water&source=gbs_word_cloud_r&cad=4" class="cloud7"><span dir=ltr>industrial water</span></a> <a href="https://books.google.com.sg/books?id=brDcAwAAQBAJ&q=inputs&source=gbs_word_cloud_r&cad=4" class="cloud0"><span dir=ltr>inputs</span></a> <a href="https://books.google.com.sg/books?id=brDcAwAAQBAJ&q=investment&source=gbs_word_cloud_r&cad=4" class="cloud7"><span dir=ltr>investment</span></a> <a href="https://books.google.com.sg/books?id=brDcAwAAQBAJ&q=irrigation+water&source=gbs_word_cloud_r&cad=4" class="cloud3"><span dir=ltr>irrigation water</span></a> <a href="https://books.google.com.sg/books?id=brDcAwAAQBAJ&q=land&source=gbs_word_cloud_r&cad=4" class="cloud6"><span dir=ltr>land</span></a> <a href="https://books.google.com.sg/books?id=brDcAwAAQBAJ&q=Land+Economics&source=gbs_word_cloud_r&cad=4" class="cloud3"><span dir=ltr>Land Economics</span></a> <a href="https://books.google.com.sg/books?id=brDcAwAAQBAJ&q=lease&source=gbs_word_cloud_r&cad=4" class="cloud7"><span dir=ltr>lease</span></a> <a href="https://books.google.com.sg/books?id=brDcAwAAQBAJ&q=long-run&source=gbs_word_cloud_r&cad=4" class="cloud8"><span dir=ltr>long-run</span></a> <a href="https://books.google.com.sg/books?id=brDcAwAAQBAJ&q=measure&source=gbs_word_cloud_r&cad=4" class="cloud5"><span dir=ltr>measure</span></a> <a href="https://books.google.com.sg/books?id=brDcAwAAQBAJ&q=meta-analysis&source=gbs_word_cloud_r&cad=4" class="cloud2"><span dir=ltr>meta-analysis</span></a> <a href="https://books.google.com.sg/books?id=brDcAwAAQBAJ&q=municipal&source=gbs_word_cloud_r&cad=4" class="cloud8"><span dir=ltr>municipal</span></a> <a href="https://books.google.com.sg/books?id=brDcAwAAQBAJ&q=nonuse+values&source=gbs_word_cloud_r&cad=4" class="cloud7"><span dir=ltr>nonuse values</span></a> <a href="https://books.google.com.sg/books?id=brDcAwAAQBAJ&q=observations&source=gbs_word_cloud_r&cad=4" class="cloud8"><span dir=ltr>observations</span></a> <a href="https://books.google.com.sg/books?id=brDcAwAAQBAJ&q=offstream&source=gbs_word_cloud_r&cad=4" class="cloud8"><span dir=ltr>offstream</span></a> <a href="https://books.google.com.sg/books?id=brDcAwAAQBAJ&q=opportunity+costs&source=gbs_word_cloud_r&cad=4" class="cloud0"><span dir=ltr>opportunity costs</span></a> <a href="https://books.google.com.sg/books?id=brDcAwAAQBAJ&q=output&source=gbs_word_cloud_r&cad=4" class="cloud5"><span dir=ltr>output</span></a> <a href="https://books.google.com.sg/books?id=brDcAwAAQBAJ&q=percent&source=gbs_word_cloud_r&cad=4" class="cloud7"><span dir=ltr>percent</span></a> <a href="https://books.google.com.sg/books?id=brDcAwAAQBAJ&q=pollution&source=gbs_word_cloud_r&cad=4" class="cloud8"><span dir=ltr>pollution</span></a> <a href="https://books.google.com.sg/books?id=brDcAwAAQBAJ&q=price+elasticity&source=gbs_word_cloud_r&cad=4" class="cloud7"><span dir=ltr>price elasticity</span></a> <a href="https://books.google.com.sg/books?id=brDcAwAAQBAJ&q=production+function&source=gbs_word_cloud_r&cad=4" class="cloud2"><span dir=ltr>production function</span></a> <a href="https://books.google.com.sg/books?id=brDcAwAAQBAJ&q=quantity&source=gbs_word_cloud_r&cad=4" class="cloud8"><span dir=ltr>quantity</span></a> <a href="https://books.google.com.sg/books?id=brDcAwAAQBAJ&q=quasi-rents&source=gbs_word_cloud_r&cad=4" class="cloud2"><span dir=ltr>quasi-rents</span></a> <a href="https://books.google.com.sg/books?id=brDcAwAAQBAJ&q=recreation&source=gbs_word_cloud_r&cad=4" class="cloud6"><span dir=ltr>recreation</span></a> <a href="https://books.google.com.sg/books?id=brDcAwAAQBAJ&q=reduce&source=gbs_word_cloud_r&cad=4" class="cloud7"><span dir=ltr>reduce</span></a> <a href="https://books.google.com.sg/books?id=brDcAwAAQBAJ&q=region&source=gbs_word_cloud_r&cad=4" class="cloud7"><span dir=ltr>region</span></a> <a href="https://books.google.com.sg/books?id=brDcAwAAQBAJ&q=rents&source=gbs_word_cloud_r&cad=4" class="cloud5"><span dir=ltr>rents</span></a> <a href="https://books.google.com.sg/books?id=brDcAwAAQBAJ&q=residual+method&source=gbs_word_cloud_r&cad=4" class="cloud6"><span dir=ltr>residual method</span></a> <a href="https://books.google.com.sg/books?id=brDcAwAAQBAJ&q=respondents&source=gbs_word_cloud_r&cad=4" class="cloud6"><span dir=ltr>respondents</span></a> <a href="https://books.google.com.sg/books?id=brDcAwAAQBAJ&q=river&source=gbs_word_cloud_r&cad=4" class="cloud8"><span dir=ltr>river</span></a> <a href="https://books.google.com.sg/books?id=brDcAwAAQBAJ&q=salinity&source=gbs_word_cloud_r&cad=4" class="cloud8"><span dir=ltr>salinity</span></a> <a href="https://books.google.com.sg/books?id=brDcAwAAQBAJ&q=sector&source=gbs_word_cloud_r&cad=4" class="cloud8"><span dir=ltr>sector</span></a> <a href="https://books.google.com.sg/books?id=brDcAwAAQBAJ&q=shadow+price&source=gbs_word_cloud_r&cad=4" class="cloud3"><span dir=ltr>shadow price</span></a> <a href="https://books.google.com.sg/books?id=brDcAwAAQBAJ&q=short-run&source=gbs_word_cloud_r&cad=4" class="cloud7"><span dir=ltr>short-run</span></a> <a href="https://books.google.com.sg/books?id=brDcAwAAQBAJ&q=statistical&source=gbs_word_cloud_r&cad=4" class="cloud7"><span dir=ltr>statistical</span></a> <a href="https://books.google.com.sg/books?id=brDcAwAAQBAJ&q=survey&source=gbs_word_cloud_r&cad=4" class="cloud8"><span dir=ltr>survey</span></a> <a href="https://books.google.com.sg/books?id=brDcAwAAQBAJ&q=travel+cost&source=gbs_word_cloud_r&cad=4" class="cloud7"><span dir=ltr>travel cost</span></a> <a href="https://books.google.com.sg/books?id=brDcAwAAQBAJ&q=United&source=gbs_word_cloud_r&cad=4" class="cloud7"><span dir=ltr>United</span></a> <a href="https://books.google.com.sg/books?id=brDcAwAAQBAJ&q=users&source=gbs_word_cloud_r&cad=4" class="cloud7"><span dir=ltr>users</span></a> <a href="https://books.google.com.sg/books?id=brDcAwAAQBAJ&q=valuation+methods&source=gbs_word_cloud_r&cad=4" class="cloud6"><span dir=ltr>valuation methods</span></a> <a href="https://books.google.com.sg/books?id=brDcAwAAQBAJ&q=value+of+water&source=gbs_word_cloud_r&cad=4" class="cloud2"><span dir=ltr>value of water</span></a> <a href="https://books.google.com.sg/books?id=brDcAwAAQBAJ&q=valuing+water&source=gbs_word_cloud_r&cad=4" class="cloud8"><span dir=ltr>valuing water</span></a> <a href="https://books.google.com.sg/books?id=brDcAwAAQBAJ&q=variable&source=gbs_word_cloud_r&cad=4" class="cloud4"><span dir=ltr>variable</span></a> <a href="https://books.google.com.sg/books?id=brDcAwAAQBAJ&q=water+markets&source=gbs_word_cloud_r&cad=4" class="cloud7"><span dir=ltr>water markets</span></a> <a href="https://books.google.com.sg/books?id=brDcAwAAQBAJ&q=water+quality&source=gbs_word_cloud_r&cad=4" class="cloud3"><span dir=ltr>water quality</span></a> <a href="https://books.google.com.sg/books?id=brDcAwAAQBAJ&q=Water+Resources&source=gbs_word_cloud_r&cad=4" class="cloud2"><span dir=ltr>Water Resources</span></a> <a href="https://books.google.com.sg/books?id=brDcAwAAQBAJ&q=water+rights&source=gbs_word_cloud_r&cad=4" class="cloud5"><span dir=ltr>water rights</span></a> <a href="https://books.google.com.sg/books?id=brDcAwAAQBAJ&q=water+supply&source=gbs_word_cloud_r&cad=4" class="cloud4"><span dir=ltr>water supply</span></a> <a href="https://books.google.com.sg/books?id=brDcAwAAQBAJ&q=water+valuation&source=gbs_word_cloud_r&cad=4" class="cloud3"><span dir=ltr>water valuation</span></a> <a href="https://books.google.com.sg/books?id=brDcAwAAQBAJ&q=water-related&source=gbs_word_cloud_r&cad=4" class="cloud7"><span dir=ltr>water-related</span></a> <a href="https://books.google.com.sg/books?id=brDcAwAAQBAJ&q=welfare+economics&source=gbs_word_cloud_r&cad=4" class="cloud3"><span dir=ltr>welfare economics</span></a> <a href="https://books.google.com.sg/books?id=brDcAwAAQBAJ&q=yield&source=gbs_word_cloud_r&cad=4" class="cloud8"><span dir=ltr>yield</span></a></div></div></div></div><div class=vertical_module_list_row><h3 class=about_title><a name="about_author_anchor"></a>About the author <span style="color:#666; font-weight:normal">(2014)</span></h3><div id=about_author class=about_content><div id=about_author_v><div class=textmodulecontent><p>Robert A. Young was a faculty member at University of Arizona before joining the faculty at Colorado State University in 1970. He was a faculty member in the Department of Agricultural and Resource Economics for 21 years, and then was Professor Emeritus until his death in 2013. He had worked as a water policy consultant for the World Bank and the United Nations. Young’s research interests were in water supply and quality, particularly in the case of offstream water uses, in agriculture, municipalities and industry. Young’s research has received awards from the American Agricultural Economics Association, the Western Agricultural Economics Association, the American Water Resources Association, and Warren A. Hall Medal for Distinguished Contributions to Water Resources. </p><p>John B. Loomis joined the faculty at Colorado State University in 1993, after being an Associate Professor at University of California-Davis. Previously he worked as an economist for two agencies in the U.S. Department of Interior. Loomis’ primary research interests are in non market valuation of water resources such as recreation, instream flow, endangered species and public lands. Loomis’ research has received several awards including from the Agricultural and Applied Economics Association. He was elected Vice-President of the Association of Environmental and Resource Economists, and was selected as a Fellow of that Association in 2013. He was also selected as a Distinguished Scholar of the Western Agricultural Economics Association in 2006.</p></div></div></div></div><div class=vertical_module_list_row><h3 class="about_title">Bibliographic information</h3><div class="about_content" id="metadata_content" style="padding-bottom:.3em"><div class="metadata_sectionwrap"><table id="metadata_content_table"><tr class="metadata_row"><td class="metadata_label">Title</td><td class="metadata_value"><span dir=ltr>Determining the Economic Value of Water: Concepts and Methods</span><br><a class="primary" href="https://www.google.com.sg/search?tbo=p&tbm=bks&q=bibliogroup:%22RFF+Press%22&source=gbs_metadata_r&cad=6"><i><span dir=ltr>RFF Press</span></i></a><br><a class="primary" href="https://www.google.com.sg/search?tbo=p&tbm=bks&q=bibliogroup:%22Resources+for+the+Future%22&source=gbs_metadata_r&cad=6"><i><span dir=ltr>Resources for the Future</span></i></a></td></tr><tr class="metadata_row"><td class="metadata_label"><span dir=ltr>Authors</span></td><td class="metadata_value"><a class="primary" href="https://www.google.com.sg/search?tbo=p&tbm=bks&q=inauthor:%22Robert+A.+Young%22&source=gbs_metadata_r&cad=6"><span dir=ltr>Robert A. Young</span></a>, <a class="primary" href="https://www.google.com.sg/search?tbo=p&tbm=bks&q=inauthor:%22John+B.+Loomis%22&source=gbs_metadata_r&cad=6"><span dir=ltr>John B. Loomis</span></a></td></tr><tr class="metadata_row"><td class="metadata_label"><span dir=ltr>Edition</span></td><td class="metadata_value"><span dir=ltr>2, illustrated, revised</span></td></tr><tr class="metadata_row"><td class="metadata_label"><span dir=ltr>Publisher</span></td><td class="metadata_value"><span dir=ltr>Routledge, 2014</span></td></tr><tr class="metadata_row"><td class="metadata_label"><span dir=ltr>ISBN</span></td><td class="metadata_value"><span dir=ltr>1135040524, 9781135040529</span></td></tr><tr class="metadata_row"><td class="metadata_label"><span dir=ltr>Length</span></td><td class="metadata_value"><span dir=ltr>358 pages</span></td></tr><tr class="metadata_row"><td class="metadata_label"><span dir=ltr>Subjects</span></td><td class="metadata_value"><div style="display:inline" itemscope itemtype="http://data-vocabulary.org/Breadcrumb"><a class="primary" href="https://www.google.com.sg/search?tbo=p&tbm=bks&q=subject:%22Business+%26+Economics%22" itemprop="url" dir=ltr><span itemprop="title">Business & Economics</span></a></div> › <div style="display:inline" itemscope itemtype="http://data-vocabulary.org/Breadcrumb"><a class="primary" href="https://www.google.com.sg/search?tbo=p&tbm=bks&q=subject:%22Business+%26+Economics+Industries%22" itemprop="url" dir=ltr><span itemprop="title">Industries</span></a></div> › <div style="display:inline" itemscope itemtype="http://data-vocabulary.org/Breadcrumb"><a class="primary" href="https://www.google.com.sg/search?tbo=p&tbm=bks&q=subject:%22Business+%26+Economics+Industries+Service%22" itemprop="url" dir=ltr><span itemprop="title">Service</span></a></div><br><br><a class="primary" href="https://www.google.com.sg/search?tbo=p&tbm=bks&q=subject:%22Business+%26+Economics+/+Development+/+Sustainable+Development%22&source=gbs_metadata_r&cad=6"><span dir=ltr>Business & Economics / Development / Sustainable Development</span></a><br/><a class="primary" href="https://www.google.com.sg/search?tbo=p&tbm=bks&q=subject:%22Business+%26+Economics+/+Environmental+Economics%22&source=gbs_metadata_r&cad=6"><span dir=ltr>Business & Economics / Environmental Economics</span></a><br/><a class="primary" href="https://www.google.com.sg/search?tbo=p&tbm=bks&q=subject:%22Business+%26+Economics+/+Industries+/+Agribusiness%22&source=gbs_metadata_r&cad=6"><span dir=ltr>Business & Economics / Industries / Agribusiness</span></a><br/><a class="primary" href="https://www.google.com.sg/search?tbo=p&tbm=bks&q=subject:%22Business+%26+Economics+/+Industries+/+General%22&source=gbs_metadata_r&cad=6"><span dir=ltr>Business & Economics / Industries / General</span></a><br/><a class="primary" href="https://www.google.com.sg/search?tbo=p&tbm=bks&q=subject:%22Business+%26+Economics+/+Industries+/+Service%22&source=gbs_metadata_r&cad=6"><span dir=ltr>Business & Economics / Industries / Service</span></a><br/><a class="primary" href="https://www.google.com.sg/search?tbo=p&tbm=bks&q=subject:%22Law+/+Natural+Resources%22&source=gbs_metadata_r&cad=6"><span dir=ltr>Law / Natural Resources</span></a><br/><a class="primary" href="https://www.google.com.sg/search?tbo=p&tbm=bks&q=subject:%22Nature+/+Ecology%22&source=gbs_metadata_r&cad=6"><span dir=ltr>Nature / Ecology</span></a><br/><a class="primary" href="https://www.google.com.sg/search?tbo=p&tbm=bks&q=subject:%22Social+Science+/+Human+Geography%22&source=gbs_metadata_r&cad=6"><span dir=ltr>Social Science / Human Geography</span></a><br/><a class="primary" href="https://www.google.com.sg/search?tbo=p&tbm=bks&q=subject:%22Technology+%26+Engineering+/+Agriculture+/+General%22&source=gbs_metadata_r&cad=6"><span dir=ltr>Technology & Engineering / Agriculture / General</span></a><br/><a class="primary" href="https://www.google.com.sg/search?tbo=p&tbm=bks&q=subject:%22Technology+%26+Engineering+/+Civil+/+General%22&source=gbs_metadata_r&cad=6"><span dir=ltr>Technology & Engineering / Civil / General</span></a><br/><a class="primary" href="https://www.google.com.sg/search?tbo=p&tbm=bks&q=subject:%22Technology+%26+Engineering+/+Environmental+/+General%22&source=gbs_metadata_r&cad=6"><span dir=ltr>Technology & Engineering / Environmental / General</span></a></td></tr><tr class="metadata_row"><td>&nbsp</td><td>&nbsp</td></tr><tr class="metadata_row"><td class="metadata_label"><span dir=ltr>Export Citation</span></td><td class="metadata_value"><a class="gb-button " href="https://books.google.com.sg/books/download/Determining_the_Economic_Value_of_Water.bibtex?id=brDcAwAAQBAJ&output=bibtex"><span dir=ltr>BiBTeX</span></a> <a class="gb-button " href="https://books.google.com.sg/books/download/Determining_the_Economic_Value_of_Water.enw?id=brDcAwAAQBAJ&output=enw"><span dir=ltr>EndNote</span></a> <a class="gb-button " href="https://books.google.com.sg/books/download/Determining_the_Economic_Value_of_Water.ris?id=brDcAwAAQBAJ&output=ris"><span 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