The Economics of Natural Environments: Studies in the Valuation of Commodity and Amenity Resources

By John V. Krutilla; Anthony C. Fisher | Go to book overview

ACKNOWLEDGMENTS

The research reported in this volume has been undertaken over several years by members of the Natural Environments Program staff of Resources for the Future. We should first of all like to acknowledge with appreciation the general contribution of our former colleagues, Charles J. Cicchetti and V. Kerry Smith, which goes quite beyond the reference in the text to specific debts of gratitude associated with the writing of this volume. Charles Cicchetti also reviewed chapter 10, which is based on his Alaskan Oil: Alternative Routes and Markets. Similarly, chapter 9 has been reviewed by Judd Hammack, co-author with Gardner Brown of the study, Waterfowl and Wetlands: Toward Bioeconomic Analysis, on which it is based.

A first draft of the manuscript was reviewed by our program colleagues Talbot Page and Kerry Smith, and by Mancur Olson, Anthony Scott, and Vernon Smith. We are most grateful for their perceptive comments and constructive suggestions on both matters of substance and style. We are also grateful to Henry Jarrett and Irving Fox for their valuable comments on a later version of the study. A debt of gratitude is also due Adrian Gilbert and John Butt of the U.S. Forest Service for careful review and detailed comments, particularly regarding chapter 8, which deals with the Mineral King Valley project.

Many individuals have contributed in one way or another to the material presented in the separate chapters. We are indebted to Marion Clawson for a review of chapter 1, and to him and Robert Dorfman for suggestions concerning revision of the content of chapter 2, appearing in The Governance of Common Property Resources, edited by Edwin Haefele.

Chapters 3 and 4, as indicated by a number of references, owe much to the work of Kenneth Arrow. Beyond this, the treatment of uncertainty and information is based on collaboration between Arrow and Anthony Fisher. Helpful suggestions by John Brown and Harl Ryder regarding the formulation and solution of the optimal control problem are gratefully acknowledged, as are editorial suggestions by George Borts on an earlier version of some of this material, published in the American Economic Review.

-xix-

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