WorldCat Identities

Smith, V. Kerry (Vincent Kerry) 1945-

Works: 200 works in 576 publications in 2 languages and 7,002 library holdings
Genres: Conference papers and proceedings 
Roles: Author, Editor, Other, Contributor
Classifications: HC103.7, 333.7
Publication Timeline
Most widely held works by V. Kerry Smith
Scarcity and growth reconsidered by V. Kerry Smith( Book )

27 editions published between 1979 and 2013 in English and held by 650 WorldCat member libraries worldwide

For almost 60 years, RFF has pioneered the application of economics as a tool to develop more effective policy about the use and conservation of natural resources. It remains the world's premier institution for the study of environmental economics. This collection of eight books represents many of the best works that RFF has published, including writings by Nobel Prize winning economists. The RFF Library Collection brings back landmark books published by Resources for the Future throughout its nearly 60-year history as the pre-eminent
Environmental policy under Reagan's executive order : the role of benefit-cost analysis( Book )

7 editions published in 1984 in English and held by 560 WorldCat member libraries worldwide

The smoking puzzle : information, risk perception, and choice by Frank A Sloan( Book )

8 editions published in 2003 in English and held by 524 WorldCat member libraries worldwide

"Older adults' decisions to quit smoking require personal experience with the serious health impacts associated with smoking. Smokers over fifty revise their risk perceptions only after experiencing a major health shock - such as a heart attack. But less serious symptoms, such as shortness of breath, do not cause changes in perceptions. Waiting for such a jolt to occur is obviously imprudent." "The authors show that well crafted messages about how smoking affects quality of life can greatly affect current perceptions of smoking risks. If smokers are informed of long-term consequences of a disease, and if they are told that quitting can indeed come too late, they are able to evaluate the risks of smoking more accurately, and act accordingly."--Jacket
Explorations in natural resource economics by V. Kerry Smith( Book )

11 editions published between 1981 and 1982 in English and Undetermined and held by 485 WorldCat member libraries worldwide

Valuing natural assets : the economics of natural resource damage assessment by Raymond J Kopp( Book )

11 editions published between 1993 and 2013 in English and held by 446 WorldCat member libraries worldwide

Assessing natural resource damages often requires the use of nonmarket valuation techniques that were developed for use in benefit-cost analyses. Natural resource damage assessment dramatically changes the context for applying them. Two aspects of this context are especially important. First, damages are to be measured by the monetary value of the losses people experience, including their use and nonuse values, because of injuries to natural resources--a process requiring careful delineation of how the injuries connect to the resource's services. Second, a single identified entry--not genera
The economic consequences of air pollution by V. Kerry Smith( Book )

13 editions published between 1976 and 1977 in English and Undetermined and held by 418 WorldCat member libraries worldwide

Monte Carlo methods: their role for econometrics by V. Kerry Smith( Book )

17 editions published in 1973 in 3 languages and held by 407 WorldCat member libraries worldwide

Technical change, relative prices, and environmental resource evaluation by V. Kerry Smith( Book )

11 editions published between 1974 and 2017 in English and held by 370 WorldCat member libraries worldwide

Estimating economic values for nature : methods for non-market valuation by V. Kerry Smith( Book )

11 editions published between 1995 and 1996 in English and held by 330 WorldCat member libraries worldwide

Taken together, the papers explore the conceptual basis, the implementation process and empirical performance of all available methods of measuring economic values for the services of nature and how these values are constructed from people's choices. The issues discussed in this volume include travel cost recreation demand, averting behaviour, household production, hedonic property value, hedonic wage and contingent valuation methods. These essays describe what has been learned from past benefit analysis, using meta-analysis, as well as the issues at the frontier of current research in the area
The costs of congestion : an econometric analysis of wilderness recreation by Charles J Cicchetti( Book )

11 editions published between 1975 and 1976 in English and held by 307 WorldCat member libraries worldwide

A general methodology for modeling congestion costs in wilderness recreation areas, and its use to improve the management and resources allocation decisions for low density recreational lands
Environmental resources and applied welfare economics : essays in honor of John V. Krutilla by V. Kerry Smith( Book )

15 editions published between 1988 and 2015 in English and held by 298 WorldCat member libraries worldwide

Structure and properties of a wilderness travel simulator : an application to the Spanish Peaks area by V. Kerry Smith( Book )

9 editions published between 1976 and 2013 in English and held by 277 WorldCat member libraries worldwide

First Published in 2011. Routledge is an imprint of Taylor & Francis, an informa company
Measuring water quality benefits by V. Kerry Smith( Book )

10 editions published in 1986 in English and held by 266 WorldCat member libraries worldwide

Almost 5 years ago we began working together on research for the U.S. Environmental Protec tion Agency (EPA) to measure the benefits of water quality regulations. EPA had awarded a contract to Research Triangle Inst~ute (RTIl in response to a proposal that Bill wrote on measuring these benefits. After meeting with the EPA project officer, Dr Ann Fisher, the basic outlines of what would become this research were framed. Upon the suggestion of Bob Anderson, then chief of the Benefits Branch at EPA, we selected the Monongahela River as the focal point of a case study that would compare alternative benefit measurement approaches. Exactly how this case study would be done remained vague, but Ann urged that there be a survey and that nonuse benefits be included in the question naire design. Of course, Bill agreed. At the same time, Kerry was independently working on a review article that tied together some of the loose threads in the option value literature. He had also been thinking about how to measure option value, as well as working on ways to generalize the travel cost approach for estimating benefits of site attributes. Glenn Morris at RTI suggested that Bill have lunch with him and Kerry and that they could talk about Bill's research to see if there were any mutual interest. Over the lunch and Bill's ever present dessert in a Chapel Hill restaurant, we found out just how much we have in common
Benefit-cost analyses for security policies : does increased safety have to reduce efficiency? by Carol Mansfield( Book )

11 editions published in 2015 in English and Undetermined and held by 48 WorldCat member libraries worldwide

The opening of the National September 11th Memorial and Museum in 2014 marks a new era of reflection toward enhancing homeland security regulation in the United States. In the context of this new era, it is necessary to consider how policy intended to reinforce homeland security is evaluated. Benefit-Cost Analyses for Security Policies describes how to undertake the evaluation of security policies within the framework of benefit-cost analysis and offers a unique contribution to analysis of homeland security regulations in the United States. The authors outline how established procedures for benefit-cost analysis must adapt to meet challenges posed by current security policy, through examining specific security related regulations. The logic of risk assessment, selection of a discount rate, valuation of travelers' time when delayed due to screening, valuation of changes in risks of injury or death, and impacts of terrorist events on the economy as a whole are among the issues discussed. An outline of the research and policy evaluation steps needed to build robust benefit-cost methods to evaluate security related regulations in the future is presented in the book. A series of examples is offered to illustrate how new security regulations should be reassessed to ensure resources are not wasted. Policy analysts will benefit from the insight drawn on how to evaluate homeland security regulation in the United States. Academic researchers interested in homeland security policy evaluation will find this book valuable and informative. Postgraduate students of public policy or applied economics will find examples of the challenges in using the methods of benefit-cost analysis in this new area for policy evaluation
Complementarity and the measurement of individual risk tradeoffs : accounting for quantity and quality of life effects by Mary F Evans( Book )

11 editions published between 2007 and 2008 in English and held by 18 WorldCat member libraries worldwide

This paper considers the factors responsible for differences with age in estimates of the wage compensation an individual requires to accept increased occupational fatality risk. We derive a relationship between the value of a statistical life (VSL) and the degree of complementarity between consumption and labor supplied when health status serves as a potential source of variation in this relationship. Our empirical analysis finds that variations in an individual's health status or quality of life and anticipated longevity threats lead to significant differences in the estimated wage/risk tradeoffs. We describe how extensions to the specification of hedonic wage models, including measures for quality of life and anticipated longevity threats, help to explain the diversity in past studies examining how the estimated wage-risk tradeoff changes with age
Can weak substitution be rehabilitated? by V. Kerry Smith( Book )

8 editions published in 2008 in English and held by 16 WorldCat member libraries worldwide

This paper develops a graphical analysis and an analytical model that demonstrate how weak substitution can be used for non-market valuation. Both weak complementarity and weak substitution can be evaluated as restrictions that allow quantity or quality changes in non-market goods to be described as price changes that yield equivalent changes in individual well being. They are Hicksian equivalents in that the price changes yield the same utility changes as would the quantity or quality changes. After discussion of several potential applications of weak substitution, the paper develops the parallel between the restriction and recent strategies from modeling differentiated goods
Who counts in evaluating the effects of air pollution policies on households? : non-market valuation in the presence of dependencies by Mary F Evans( Book )

8 editions published between 2009 and 2010 in English and held by 15 WorldCat member libraries worldwide

Individuals who are likely to realize the largest benefits from improvements in air quality often depend on other members of their households to make time or monetary contributions to their care. The presence of these dependency relationships among household members poses challenges for benefit estimation since it is unlikely that the conditions necessary for recovering the underlying individual preferences from household choices are satisfied in this setting. We propose a conceptual framework that highlights the role of these dependencies in the choice models used to estimate the willingness to pay for environmental quality improvements. We design a complementary stated preference survey that describes hypothetical dependency relationships for household members of different ages to test the implications of our conceptual model. Respondents' choices take into account the care-giving responsibilities for young children and teenagers but not for older adults
Measuring how risk tradeoffs adjust with income by Mary F Evans( Book )

8 editions published between 2009 and 2010 in English and held by 12 WorldCat member libraries worldwide

Efforts to reconcile inconsistencies between theory and estimates of the income elasticity of the value of a statistical life (IEVSL) overlook important restrictions implied by a more complete description of the individual choice problem. We develop a more general model of the IEVSL that reconciles some of the observed discrepancies. Our framework describes how exogenous income shocks, such as unexpected medical expenditures, may affect labor supply decisions which in turn influence both the coefficient of relative risk aversion and the IEVSL. The presence of a consumption commitment, such as a home mortgage, also alters this labor supply adjustment. We use data from the Health and Retirement Study to explore the responsiveness of labor force exit decisions to spousal health shocks and the role of a home mortgage as a constraint on this response
Short run constraints and the increasing marginal value of time in recreation by Raymond B Palmquist( Book )

7 editions published in 2009 in English and held by 12 WorldCat member libraries worldwide

Leisure activities such as local recreation trips usually take place in discrete blocks of time that are surrounded by time devoted to other commitments. It can be costly to transfer time between blocks to allow for longer outings. These observations affect the value of time within those blocks and suggest that traditional methods for valuing time using labor markets miss important considerations. This paper presents a new model for time valuation that uses non-employment time commitments to infer the shadow value of time spent in recreation. A unique survey that elicited revealed and stated preference data on household time allocation is used to implement the model. The results support the conclusion that there is an increasing marginal value of time for recreation as the trip length increases
Evaluating Rubin's causal model for measuring the capitalization of environmental amenities by H. Allen Klaiber( Book )

8 editions published in 2009 in English and held by 11 WorldCat member libraries worldwide

This paper outlines a new framework for gauging the properties of quasi-experimental estimates of the willingness to pay (WTP) for changes in environmental and other non-market amenities. As a rule, quasi-experimental methods cannot offer alternative hypotheses to judge the quality of their quasi random assignments of treatment and control outcomes to economic agents. Their results must be judged by the explanation of the event used to construct the assignment and the counter examples offered as robustness checks for the logic of each application. This paper develops a four-step procedure for situations that rely on housing price capitalization. It is a computational analog to Chetty's [2009] call for considering the measurement objectives as part of evaluating the relevance of reduced versus structural form modeling strategies. Two diverse applications are used to establish the method's relevance for environmental problems. The first examines the value of a conversion of land cover from xeric to wet landscape. The second examines the clean-up of hazardous waste sites. We find that even when quasi-experimental methods have access to statistically ideal instruments their performance in measuring general equilibrium WTP depends on other aspects of each application
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Audience level: 0.54 (from 0.37 for The smokin ... to 0.71 for Complement ...)

The smoking puzzle : information, risk perception, and choice
Alternative Names
Smith, V. K. 1945-

Smith, V. Kerry.

Smith, V. Kerry 1945-

Smith, Vincent K. 1945-

Smith, Vincent Kerry 1945-

Vincent Kerry Smith economist (Arizona State University)

Vincent Kerry Smith Wirtschaftswissenschaftler (A.B. and Ph.D. in Economics from Rutgers University. Professor of Economics at Arizona State University, Tempe, Arizona, Dept. of Economics; zuvor Professor and Director, Center for Environmental and Resource Economic ...)

English (217)

Spanish (1)

The smoking puzzle : information, risk perception, and choiceStructure and properties of a wilderness travel simulator : an application to the Spanish Peaks areaMeasuring water quality benefits