Journal or Book Title
Water Resources Research
First Page or Article ID Number
This paper explores the implications of endogenous risk for the economic value of preventing groundwater contamination. We consider the analytical implications of endogenous risk for five key building blocks frequently used to structure studies of groundwater valuation: the probability and the location of contamination, the exposed population, risk perceptions, and intertemporal issues.
American Geophysical Union
Crocker, Thomas D.; Forster, Bruce A.; and Shogren, Jason F., "Valuing potential groundwater protection benefits" (1991). Economics Publications. 21.