#2848. Nonmarket Valuation in the Environmental Protection Agencys Regulatory Process

January 2027publication date
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4 total number of authors per manuscript4500 $

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Journal’s subject area:
Economics and Econometrics;
Development;
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Abstract:
The article discusses the use of non-market valuation in the environmental policy of the US Environmental Protection Agency (EPA). The results show that the literature on non-market valuations continues to grow, but many non-market benefits are not quantifiable or monetized in policy analysis.
Keywords:
Benefit–cost analysis; Contingent valuation; Regulatory impact analysis; Revealed preference; Stated preference

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