External Costs of Coastal Beach Pollution

Elizabeth A. Wilman

1. Perspective on the Problem 2. Introduction to the Case Study: Pollution Externalities Affecting Recreational Beaches on Cape Cod and Martha's Vineyard 3. The Hedonic Pricing Model 4. The Oil Spill Risk Analysis Model 5. Dealing with Risk and Uncertainty 6. The Econometric Analysis of the Hedonic Model 7. Combining the Results of the Hedonic Model and the Risk Analysis Model 8. Conclusions and Recommendations