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Theoretical Foundations of BenefitCost Analysis
Aggregation of Benefits and Costs over
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ACPS air pollution air quality air-pollution control air-pollution damage air-pollution-control policy Ambient Concentrations American Lung Association annual approximately average baghouse benefit-cost analysis benefit-cost ratio benefits and costs calculated commodity consumers consumption control equipment cost functions decision rules decrease discussed distribution dollar value dose-response functions dynamic efficiency economic welfare electrostatic precipitator emissions Environmental Protection Agency equal equation errors estimated coefficients evaluate example expected monetary value exposures factor figure formula gases health effects hydrogen sulfide increase individual industrial loss marginal social utility measured nitrogen dioxide opportunity cost opportunity-cost rate oxides ozone particles particulate matter percent plant Pollution Control potential-compensation preference present value private investment procedure production reduced regression reported result risk social rate social value social welfare SRTP sulfate sulfur dioxide supply curves tion U.S. dollars U.S. Environmental Protection unit utility of income variables venturi scrubber visibility wage premium