The Economics of a Disaster: The Exxon Valdez Oil Spill

Table of contents

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• Title Page iii
• Copyright Acknowledgment v
• Contents vii
• Figures and Tables ix
• Acknowledgments xiii
• Introduction 1
• Notes 5
• 1 - The Effect of Disasters on Prices of Goods and Services: An Economic Framework 7
• Conclusion 16
• Notes 17
• 2 - Measuring the Effect of the Exxon Valdez Oil Spill on Alaskan Seafood Prices 19
• Notes 27
• 3 - Industry Background 29
• Conclusion 59
• Notes 59
• 4 - Qualitative Evidence Concerning Price Effects 65

• Title Page iii
• Copyright Acknowledgment v
• Contents vii
• Figures and Tables ix
• Acknowledgments xiii
• Introduction 1
• Notes 5
• 1 - The Effect of Disasters on Prices of Goods and Services: An Economic Framework 7
• Conclusion 16
• Notes 17
• 2 - Measuring the Effect of the Exxon Valdez Oil Spill on Alaskan Seafood Prices 19
• Notes 27
• 3 - Industry Background 29
• Conclusion 59
• Notes 59
• 4 - Qualitative Evidence Concerning Price Effects 65
• Conclusion 79
• Notes 79
• 5 - Japanese Consumer Demand 85
• Conclusion 89
• Notes 89
• 6 - Salmon Benchmark Studies 91
• Conclusion 97
• Notes 98
• Conclusion 108
• Notes 109
• 8 - Salmon Processor Prices 111
• Conclusion 121
• Notes 122
• 9 - Non-Salmon Species Studies 125
• Notes 141
• 10 - Supply Effects 145
• Conclusion 151
• Notes 152
• 11 - Fishing Permit Values 153
• Conclusion 161
• Notes 161
• 12 - Summary of Results 163
• Notes 171
• 13 - Conclusion 181
• Appendix 1 A Brief Description of Statistical Terminology 183
• Appendix 2 Modeling Japanese Consumer Demand 187
• Appendix 3 Reduced Form Model for Alaskan Salmon 191
• Notes 192
• Appendix 4 Supply Effects 193
• Notes 193
• Selected Bibliography 195
• Index 197
• About the Authors 201