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Choice Modelling And The Transfer Of Environmental Values
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Book Synopsis Choice Modelling and the Transfer of Environmental Values by : John Rolfe
Download or read book Choice Modelling and the Transfer of Environmental Values written by John Rolfe and published by Edward Elgar Publishing. This book was released on 2006 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt: Benefit transfer is the practice of estimating economic values at a target site by utilizing the results of existing studies for different sites. This text assesses the validity of benefit transfer using choice modeling in contrast to the traditional focus of transferring results from contingent valuation and travel cost models.
Book Synopsis Benefit Transfer of Environmental and Resource Values by : Robert J. Johnston
Download or read book Benefit Transfer of Environmental and Resource Values written by Robert J. Johnston and published by Springer. This book was released on 2015-06-02 with total page 583 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a comprehensive review of environmental benefit transfer methods, issues and challenges, covering topics relevant to researchers and practitioners. Early chapters provide accessible introductory materials suitable for non-economists. These chapters also detail how benefit transfer is used within the policy process. Later chapters cover more advanced topics suited to valuation researchers, graduate students and those with similar knowledge of economic and statistical theory and methods. This book provides the most complete coverage of environmental benefit transfer methods available in a single location. The book targets a wide audience, including undergraduate and graduate students, practitioners in economics and other disciplines looking for a one-stop handbook covering benefit transfer topics and those who wish to apply or evaluate benefit transfer methods. It is designed for those both with and without training in economics
Book Synopsis Environmental Value Transfer: Issues and Methods by : Ståle Navrud
Download or read book Environmental Value Transfer: Issues and Methods written by Ståle Navrud and published by Springer Science & Business Media. This book was released on 2007-05-11 with total page 294 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume offers a snapshot of the research that is ongoing in the area of value transfer. It provides relevant input for increasing the quality of cost-benefit analyses of projects with environmental and health impacts. The volume includes papers by some of the most influential authors in the area and covers the latest developments in the field.
Book Synopsis Choice Modeling and Tests of Benefit Transfer by : Mark Morrison
Download or read book Choice Modeling and Tests of Benefit Transfer written by Mark Morrison and published by . This book was released on 2020 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Benefit transfer is increasingly being used by decision makers as a way of estimating environmental values suitable for use in benefit cost analysis. However, recent studies examining the validity of benefit transfer of passive use values estimated using contingent valuation have rejected the hypothesis of convergent validity. In this article, we demonstrate the usage of a form of conjoint analysis known as choice modeling for benefit transfer. Choice modeling has been touted as being particularly suitable for benefit transfer because it is possible to allow for differences in environmental quality and socioeconomic characteristics when transferring benefit estimates. We demonstrate that choice modeling is suitable for benefit transfer, particularly when the transfers involve implicit prices. Second, we examine the circumstances in which benefit transfer of choice modeling derived value estimates is likely to be most valid. Two split sample tests were undertaken to achieve this objective. The evidence from these tests indicates that transfers across different case study sites are likely to be subject to less error than those across different populations.
Book Synopsis The Choice Modelling Approach to Environmental Valuation by : Jeff Bennett
Download or read book The Choice Modelling Approach to Environmental Valuation written by Jeff Bennett and published by Edward Elgar Publishing. This book was released on 2001-01-01 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: '. . . a very useful single source for those interested in environmental evaluation using choice models.' - David A. Hensher, Australian Journal of Environmental Management '. . . this book can serve as a firm basis to start understanding what CM is about. . .' - Jesús Barreiro Hurlé, European Review of Agricultural Economics Choice Modelling is a technique that has recently emerged as a means of estimating the demand for environmental goods and the benefits and costs associated with them. The aims of the book are fourfold: * to introduce the technique in the environmental context * to demonstrate its use in a range of case studies * to provide insights into some methodological issues * to explore the prospects for the technique.
Book Synopsis Investigating Distance Effects on Environmental Values by : Giovanni Concu
Download or read book Investigating Distance Effects on Environmental Values written by Giovanni Concu and published by . This book was released on 2007 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Analysis of the relationship between distance and willingness to pay (WTP) is important for estimation and transfer of environmental benefits. Several contingent valuation (CV) studies have investigated this topic, but results are mixed. This paper describes a choice modelling (CM) application that estimates distance effects on parameters of three environmental attributes. Combinations of these attributes create different management policies for native vegetation. The CM study is based on a sampling procedure that provides a geographically balanced sample and statistical tests to choose the best specification of the distance-WTP relationship. Welfare analysis shows that disregarding distance causes under-estimation of individual and aggregated benefits and losses, seriously misdirecting resource allocation.
Book Synopsis Handbook of Choice Modelling by : Stephane Hess
Download or read book Handbook of Choice Modelling written by Stephane Hess and published by Edward Elgar Publishing. This book was released on 2014-08-29 with total page 721 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Handbook of Choice Modelling, composed of contributions from senior figures in the field, summarizes the essential analytical techniques and discusses the key current research issues. The book opens with Nobel Laureate Daniel McFadden calling for d
Book Synopsis Choice Experiments Informing Environmental Policy by : Ekin Birol
Download or read book Choice Experiments Informing Environmental Policy written by Ekin Birol and published by Edward Elgar Publishing. This book was released on 2008-01-01 with total page 363 pages. Available in PDF, EPUB and Kindle. Book excerpt: . . . a text detailing several recent, state-of-the-art choice experiment studies in European Union countries is valuable for illustrating the usefulness of the method for informing environmental policy. . . Birol and Koundouri have admirably compiled an array of case studies that provide relevant information for European environmental, agricultural, natural resource management and food policy, and that also offer a number of advances in the application and analysis of the CEM. The text is suitable for academics and graduate students with an interest in current applications of stated preference methods and for policy-makers interested in understanding people s preferences for environmental quality. . . Bethany Cooper, Australasian Journal of Environmental Management This volume provides an assessment of the literature on environmental valuation in Europe. It outlines some of the key environmental policy issues facing European Union countries and provides information on preferences and values associated with policy options. It also provides a set of state of the art examples of preference elicitation and analysis. This volume will be of interest to a variety of audiences. The book provides insights that will be useful to policy makers interested in understanding the public s preferences for environmental quality and it will be useful to academics and graduate students interested in cutting edge applications of stated preference methods. Wictor Adamowicz, University of Alberta, Canada This innovative book is a compilation of state-of-the-art choice experiment studies undertaken in several European Union (EU) countries, including Finland, France, Greece, Ireland, Italy, Poland, Spain and the United Kingdom. The case studies presented concern a variety of environmental, agricultural and natural resource issues such as the management of water resources, forests and agricultural landscapes; conservation of biodiversity and cultural heritage; noise pollution reduction and food labeling. The book highlights how the choice experiment method can be employed to inform efficient and effective design and implementation of various EU level agricultural and environmental policies and directives, including the Common Agricultural Policy, Water Framework Directive, Forestry Strategy, Habitats Directive and food labeling systems. This book will be of great interest to researchers working in the fields of environmental, natural resource and agricultural economics. Academics and graduate students worldwide, as well as applied economists working in international and national organizations, would benefit from the cutting edge choice experiment applications presented in this book. International and national policy makers will also benefit from the information on the use and usefulness of the choice experiment method in informing efficient and effective environmental, agricultural and natural resource management policy making.
Book Synopsis The International Handbook on Non-Market Environmental Valuation by : Jeff Bennett
Download or read book The International Handbook on Non-Market Environmental Valuation written by Jeff Bennett and published by Edward Elgar Publishing. This book was released on 2011-01-01 with total page 417 pages. Available in PDF, EPUB and Kindle. Book excerpt: Non-market environmental valuation (NMEV) is undergoing a period of increased growth in both application and development as a result of increasing recognition of the role of economics in environmental policy issues. Against this backdrop, The International Handbook on Non-Market Environmental Valuation brings together world leaders in the field to advance the development and application of NMEV as a tool for policymaking. The expert contributors provide insights into the state of the art across the spectrum of both revealed and stated preference methods and highlight new directions being taken. A sequence of topical applications demonstrate various techniques and illustrate what can be achieved using NMEV: deliberately diverse case studies are drawn from Europe, North America, Asia and Australia with valuation targets ranging across use and non-use values of the environment. A number of reviews of cutting-edge issues are also presented. This outstanding resource will enable those interested in environmental valuation from theoretical, practical or policy perspectives to bring themselves to the forefront of developments and practice. As such, this Handbook will prove invaluable to a wide-ranging audience encompassing academics, researchers, students, practitioners and consultants involved in environmental economics and NMEV.
Download or read book Choice Modelling written by Stephane Hess and published by Edward Elgar Publishing. This book was released on 2013-01-01 with total page 322 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'This collection of papers, by leading researchers in the field, provides an excellent view of the current state of research and applications. Exciting new techniques are presented, and realistic solutions are offered to issues that arise in applied work. It is an admirably rich volume, offering valuable insights for all readers of choice modeling.' Kenneth Train, University of California, Berkeley and NERA Economic Consulting, Inc., San Francisco, California, US 'I'm an enthusiastic fan of the ICMC, where researchers are friendly, genuinely interested in learning from and helping one another. There is much to learn because each discipline brings a different perspective to the field and to theoretical and applied problems in decision-making and choice behavior. The ICMC embodies the philosophy that most real choice problems are complex and require a cross-disciplinary approach. The papers in this volume represent an eclectic cross-section of the topics covered by key researchers in the field. I look forward to getting our PhD students and postdocs stuck into them.' Jordan Louviere, University of Technology Sydney, Australia Choice modelling has been one of the most active fields in economics over recent years. This valuable new book contains leading contributions from academics and practitioners from across the different areas of study where choice modelling is a key analytical technique, drawn from a recent international conference. Choice models explain the behaviour of individuals by quantifying their values, responses and perceptions of attributes describing the various options (alternatives) available to them. Policy makers and planners have long since recognised the potential of using choice models for guidance purposes, with applications in fields as diverse as transport analysis, healthcare, telecommunications, public service evaluation and energy. The unique mix of theoretical and applied chapters will appeal to academics, students, researchers and practitioners in various fields, as well as anyone with a general interest in the subject.
Book Synopsis Towards the Development of a Transferable Set of Value Estimates for Environmental Attributes by : Martin van Bueren
Download or read book Towards the Development of a Transferable Set of Value Estimates for Environmental Attributes written by Martin van Bueren and published by . This book was released on 2004 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Estimates of environmental values are frequently required as inputs to cost-benefit analyses when evaluating alternative options for managing natural resources. One strategy to avoid the high cost of conducting empirical work when non-market values are involved is to use value estimates from an existing source study and to transfer them to the target context of interest (a practice known as benefit transfer). However, the transfer of values is subject to a host of potential errors and could lead to significant overestimation or underestimation of welfare change. The present paper reports the results of a choice modelling study in which household values for the impacts of land and water degradation in Australia are estimated. A key objective of the present study was to test the validity of transferring estimates derived in a national context to different regional contexts. On the basis of these test results, inferences are made about the impact that differing contexts have on value estimates. The scale of value differences across the different contexts provides a guide for calibrating benefit transfer estimates.
Book Synopsis Cost-Benefit Analysis and the Environment Further Developments and Policy Use by : OECD
Download or read book Cost-Benefit Analysis and the Environment Further Developments and Policy Use written by OECD and published by OECD Publishing. This book was released on 2018-06-25 with total page 458 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores recent developments in environmental cost-benefit analysis (CBA). This is defined as the application of CBA to projects or policies that have the deliberate aim of environmental improvement or are actions that affect, in some way, the natural environment as an indirect consequence
Book Synopsis Choice Modelling by : David A. Hensher
Download or read book Choice Modelling written by David A. Hensher and published by Edward Elgar Publishing. This book was released on 2011 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Choice modelling is an area of growing popularity as many researchers and consultants seek to find better ways to explain the choices made by individuals, households and firms in many application contexts such as transportation, health services, environmental science, marketing, finance, economics, tourism, education, employment and taking a vacation. Choice modelling as a field begin as long ago as 1927 but it was the research in the 1960s and 1970s that cemented the field a dominant one for studying choice. This authoritative volume, along with an original introduction by the editors, brings together seminal papers that laid out the main features of the booming literature on discrete choice modelling. This timely collection will be of immense value to anyone with an interest in this evolving field of study"--Back cover.
Book Synopsis A Primer on Nonmarket Valuation by : Patricia A. Champ
Download or read book A Primer on Nonmarket Valuation written by Patricia A. Champ and published by Springer. This book was released on 2017-02-08 with total page 508 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a practical book with clear descriptions of the most commonly used nonmarket methods. The first chapters of the book provide the context and theoretical foundation of nonmarket valuation along with a discussion of data collection procedures. The middle chapters describe the major stated- and revealed-preference valuation methods. For each method, the steps involved in implementation are laid out and carefully explained with supporting references from the published literature. The final chapters of the book examine the relevance of experimentation to economic valuation, the transfer of existing nonmarket values to new settings, and assessments of the reliability and validity of nonmarket values. The book is relevant to individuals in many professions at all career levels. Professionals in government agencies, attorneys involved with natural resource damage assessments, graduate students, and others will appreciate the thorough descriptions of how to design, implement, and analyze a nonmarket valuation study.
Book Synopsis Cost-Benefit Studies of Natural Resource Management in Southeast Asia by : David James
Download or read book Cost-Benefit Studies of Natural Resource Management in Southeast Asia written by David James and published by Springer. This book was released on 2015-03-19 with total page 397 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book applies cost-benefit analysis techniques in the management of environment and natural resources in developing countries of the Southeast Asian region and presents a compendium of studies conducted by researchers supported by the Economy and Environment Program for Southeast Asia (EEPSEA). It emphasizes the close relationship between the environment and natural resources and economic development in such countries, addressing a wide range of problems that can be understood using economic evaluation techniques. General guidelines for conducting economic appraisals are provided, with the case studies illustrating how they can be applied in a developing country context. Cost-Benefit Analysis Application in Environmental and Natural Resource Management in Southeast Asia serves as essential reading for teachers, researchers, students and practitioners in environmental and natural resource economics, economic development and key issues facing policymakers in the Southeast Asian region.
Book Synopsis Handbook of Choice Modelling by : Stephane Hess
Download or read book Handbook of Choice Modelling written by Stephane Hess and published by Edward Elgar Publishing. This book was released on 2024-06-05 with total page 797 pages. Available in PDF, EPUB and Kindle. Book excerpt: This thoroughly revised second edition Handbook provides an authoritative and in-depth overview of choice modelling, covering essential topics range from data collection through model specification and estimation to analysis and use of results. It aptly emphasises the broad relevance of choice modelling when applied to a multitude of fields, including but not limited to transport, marketing, health and environmental economics.
Book Synopsis Discrete Choice Methods with Simulation by : Kenneth Train
Download or read book Discrete Choice Methods with Simulation written by Kenneth Train and published by Cambridge University Press. This book was released on 2009-07-06 with total page 399 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book describes the new generation of discrete choice methods, focusing on the many advances that are made possible by simulation. Researchers use these statistical methods to examine the choices that consumers, households, firms, and other agents make. Each of the major models is covered: logit, generalized extreme value, or GEV (including nested and cross-nested logits), probit, and mixed logit, plus a variety of specifications that build on these basics. Simulation-assisted estimation procedures are investigated and compared, including maximum stimulated likelihood, method of simulated moments, and method of simulated scores. Procedures for drawing from densities are described, including variance reduction techniques such as anithetics and Halton draws. Recent advances in Bayesian procedures are explored, including the use of the Metropolis-Hastings algorithm and its variant Gibbs sampling. The second edition adds chapters on endogeneity and expectation-maximization (EM) algorithms. No other book incorporates all these fields, which have arisen in the past 25 years. The procedures are applicable in many fields, including energy, transportation, environmental studies, health, labor, and marketing.
