Cited by 172Economic and Environmental ValuationOil Spill Detection and MitigationEnvironmental Conservation and Management

Putting a value on injuries to natural assets: The BP oil spill

Open access
Bishop, Richard C., Boyle, Kevin J., Carson, Richard T., Chapman, David, Hanemann, W. Michael, Kanninen, Barbara, Kopp, Raymond J., Krosnick, Jon A. +12 more·2017·Science

Abstract

Stated-preference research supports $17.2B in protections

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Crossref · 10.1126/science.aam8124

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  • To enhance consequentiality, the survey told participants that their responses would be shared with Durham mayor Leonardo Williams, policymakers and local law enforcement to inform future decisions.

    “To enhance consequentiality, the survey told participants that their responses would be shared with Durham mayor Leonardo Williams, policymakers and local law enforcement to inform future decisions (Bishop et al., 2017).”

    From What is the Best Response? Examining the Impact of Police and Their Alternatives (2025) · cites this paper as Bishop et al., 2017

    The ECONOMIC VALUE, TESTS OF CONSISTENCY section (page unavailable) explains that respondents see a survey as consequential when they believe their choices may influence a policy decision. It also says the authors emphasized their study’s importance for policymaking, but it does not say responses were shared with Durham’s mayor, policymakers, or law enforcement. (LLM, conf=0.83)

    Experimental — accuracy not yet measured
  • To mitigate concerns about hypothetical bias, budget neglect, and sample validity, we follow best practices from both the CV and survey experiment literatures.

    “To mitigate concerns about hypothetical bias, budget neglect, and sample validity, we follow best practices from both the CV (Bishop et al., 2017;Domínguez and Scartascini, 2024) and survey experiment literatures (Stantcheva, 2023).”

    From What is the Best Response? Examining the Impact of Police and Their Alternatives (2025) · cites this paper as Bishop et al., 2017

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References 10 · Cited by 172

Research works printed but not linked: 8

  1. K. J. Arrow et al., Fed. Regist. 581, 4601 (1993).
  2. R. T. Carson, T. Groves, Environ. Resour. Econ. 37, 181 (2007).
  3. R. T. Carson, T. Groves, J. A. List, J. Assoc. Environ. Resource Econ. 1, 171 (2014).
  4. A. Lewbel, D. McFadden, O. Linton, J. Econom. 162, 170 (2011).
  5. M. Watanabe, Am. J. Agric. Econ. 92, 1114 (2010).
  6. R. T. Carson et al., Valuing Oil Spill Prevention: A Case Study of California's Central Coast (Kluwer Academic Press, Boston, 2004).
  7. D. B. Botkin, Discordant Harmonies: A New Ecology for the Twenty-First Century (Oxford Univ. Press, New York, 1990).
  8. S. A. Levin, Fragile Dominion: Complexity and the Commons (Helix Books, Perseus, Cambridge, MA, 1999). (6335), 253-254. [doi: 10.1126/science.aam8124] 356 Science · DOI

Authors
Bishop, R. C., Boyle, K. J., Carson, R. T., Chapman, D., Hanemann, W. M., Kanninen, B., Kopp, R. J., Krosnick, J. A., List, J., Meade, N., Paterson, R., Presser, S., Smith, V. K., Tourangeau, R., Welsh, M., Wooldridge, J. M., DeBell, M., Donovan, C., Konopka, M., & Scherer, N.
Affiliations
See supplementary materials for full author affiliations.
Venue
Science
Published
2017-04-21
Volume
356
Issue
6335
Pages
253-254
ISSN
  • 0036-8075 (ISSN-L)
  • 1095-9203
OpenAlex
W2607162680
Cited by
172
References
10
Citations by year
2026: 10 · 2025: 14 · 2024: 18 · 2023: 23 · 2022: 20 · 2021: 17 · 2020: 22 · 2019: 14 · 2018: 31 · 2017: 1 · 2015: 2
FWCI
33.41
Type
journal article
Language
en
Open access
Locations
  • Science (publishedVersion)
  • PubMed (publishedVersion)
  • RePEc: Research Papers in Economics (submittedVersion)
  • Natural Field Experiments (submittedVersion)
Topics
  • Social Sciences › Economics, Econometrics and Finance › Economics and Econometrics › Economic and Environmental Valuation
  • Physical Sciences › Environmental Science › Pollution › Oil Spill Detection and Mitigation
  • Physical Sciences › Environmental Science › Management, Monitoring, Policy and Law › Environmental Conservation and Management
Keywords
Deepwater Horizon oil spill, natural capital valuation, ecosystem services, stated preference valuation, oil spill damage
MeSH terms
Disasters, Humans, Surveys and Questionnaires, Taxes, Water Pollution, Chemical, Environmental Restoration and Remediation, Petroleum Pollution, Gulf of America

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