This dissertation lays out a conceptual model for managing beach erosion on barrier islands. Households affected by erosion management are identified as beach visitors and coastal homeowners. The returns from beach quality accruing to beach visitors are assessed via travel cost theory, combining revealed preference and contingent behavior data, while the returns from beach quality accruing to coastal homeowners are assessed using hedonic price theory and data from multiple housing markets. An optimal control model is formulated, which takes into account (i) distinct beach user groups, (ii) joint services of beaches (both recreational and loss-mitigating),…
Author: Landry, Craig Elliott
Source: University of Maryland
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