Environmental Economics

RCF economists are widely published in the environmental field. Several RCF economists prepared and edited the landmark, four volume treatise, Environmental Policy, which provided a multidisciplinary analysis of all areas of environmental policy, including environmen tal analysis, air quality, water quality, solid wastes, and recreation and aesthetics.

Economists at RCF have written exten sively on economic issues and the environment, and in many areas, have been key contributors to the formulation of federal, state, and city policy. Staff members contributed to the conceptualization of a market for emission credits, which is a key element of the 1990 amendments to the Clean Air Act. This continuing policy work has given RCF an advantage in successfully advising clients involved in environmental litigation or settlement discussions.

RCF has participated extensively in environmental regulatory proceedings and litigation. RCF experts helped pioneer the multidisciplinary analysis of the costs and benefits of activities affecting the environment. RCF economists have extensive experience in direct and indirect damage estimation. RCF economists have performed over 100 cost/benefit analyses, utilizing methodologies such as contingent valuation, hedonic estimation, travel cost measurements, and input-output analysis.

The economists at RCF have extensive experience in risk assessment and risk communication strategy development. RCF has used economic data, survey information, and interview responses to statistically and cognitively analyze individual and community risk perceptions regarding environmental media. RCF offers full assistance with developing corporate or organizational plans designed to more effectively communicate risks to the public.

RCF is also able to offer clients planning support for compliance with developmental, zoning, and planning regulation from an environmental perspective. This service has been very useful to clients in formulating long-term policy, as well as settling disputes during litigation.