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Negative Externalities and Oil Spills: A Case for Reduced Brand Value to the State of Florida

Published online by Cambridge University Press:  26 January 2015

Sherry L. Larkin
Affiliation:
Department of Food and Resource Economics at the University of Florida, Gainesville, Florida
Ray G. Huffaker
Affiliation:
Department of Food and Resource Economics at the University of Florida, Gainesville, Florida
Rodney L. Clouser
Affiliation:
Department of Food and Resource Economics at the University of Florida, Gainesville, Florida
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Extract

Despite recent advances in measuring and compensating for environmental damages, several challenges remain. States have a vested interest in claiming economic damages, especially those that reduce the value of investments. Because place-brand values are considered personal property, Florida may seek additional compensation from the Deepwater Horizon oil spill.

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Invited Paper Sessions
Copyright
Copyright © Southern Agricultural Economics Association 2013

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