Benefits of abating aesthetic environmental damage from the Four Corners power plant, Fruitland, New Mexico

Journal Article · Wed May 01 04:00:00 EDT 1974 · New Mexico Agric Exp Stn Bull; (United States)

OSTI ID:5881198

Randall, A; Ives, B C; Eastman, C

This bulletin presents monetary estimates of the benefits from abating the aesthetic environmental damage associated with the electric power generation industry, as perceived by users of the affected environment. Before the estimates could be made, it was necessary to develop a method for making them. The theoretical concept of aggregate bid or aggregate benefits for the provision of public good provided a basis for the analysis. The bidding-game technique of data collection was adapted for use in this study. Five bidding games were developed in an attempt to provide several estimates of the benfits from abating aesthetic damage, the unknown value. The data derived from bidding games were aggregated by statistically valid techniques, for the estimates of the aggregate benefits of abatement. Analyses were performed to determine the relationship between individual bids and both household income and household consumption of electricity. It was found that individual bids for abatement tended to be higher for households with higher incomes and for households where more electricity was consumed. 13 references, 10 tables.

• Research Organization: New Mexico State Univ., Las Cruces
• OSTI ID: 5881198
• Journal Information: New Mexico Agric Exp Stn Bull; (United States), Journal Name: New Mexico Agric Exp Stn Bull; (United States) Vol. 618
• Country of Publication: United States
• Language: English

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