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The Contingent Valuation Of Environmental Resources
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Book Synopsis The Contingent Valuation of Environmental Resources by : David J. Bjornstad
Download or read book The Contingent Valuation of Environmental Resources written by David J. Bjornstad and published by Edward Elgar Publishing. This book was released on 1996 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: Fifteen papers written by scholars examining the relative merits of contingent valuation analysis of environmental resources and suggesting a research agenda to improve estimates. Central to the discussions is how economic valuation is obtained through survey measurements, and how practitioners must address the need for a broad perspective in valuation research, support replications studies, define the relationship between survey structure and survey responses, and promote better internal and external validity testing. Annotation copyright by Book News, Inc., Portland, OR
Book Synopsis Environmental Resource Valuation by : Richard C. Bishop
Download or read book Environmental Resource Valuation written by Richard C. Bishop and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 289 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic values are increasingly used in policy analysis and legal settings. With the growing recognition that many of the things that benefit or harm people are outside the market system, have come increasing efforts to develop nonmarket valuation techniques. One such technique is the contingent valuation method (CVM). CVM seeks to value environmental and other nonmarket goods and services by asking individuals about their values using survey methods. These procedures are different from the `revealed-preference' methods that economists have historically employed to estimate economic values. Why depart from well-established revealed-preference procedures and apply a `stated-preference' method like CVM? For nonmarket goods and services, revealed-preference methods have two shortcomings that those applying CVM hope to avoid. First, revealed-preference methods involve econometric problems that have yet to be fully overcome. The second shortcoming of revealed-preference methods is that such methods, when applied to environmental amenities, are likely to be only partial measures of value. Given the tremendous interest that exists in economic values and the limitations of revealed-preference methods, it is not surprising that interest in CVM has grown rapidly. Environmental Resource Valuation reviews the application of CVM and compares American experiences in nonmarket evaluation with those in other countries.
Book Synopsis Contingent Valuation of Environmental Goods by : Daniel McFadden
Download or read book Contingent Valuation of Environmental Goods written by Daniel McFadden and published by Edward Elgar Publishing. This book was released on 2017-04-28 with total page 337 pages. Available in PDF, EPUB and Kindle. Book excerpt: Contingent valuation is a survey-based procedure that attempts to estimate how much households are willing to pay for specific programs that improve the environment or prevent environmental degradation. For decades, the method has been the center of debate regarding its reliability: does it really measure the value that people place on environmental changes? Bringing together leading voices in the field, this timely book tells a unified story about the interrelated features of contingent valuation and how those features affect its reliability. Through empirical analysis and review of past studies, the authors identify important deficiencies in the procedure, raising questions about the technique’s continued use.
Book Synopsis Valuing Environmental Preferences by : Ian Bateman
Download or read book Valuing Environmental Preferences written by Ian Bateman and published by Oxford University Press, USA. This book was released on 2001 with total page 678 pages. Available in PDF, EPUB and Kindle. Book excerpt: The questionnaire-based Contingent Valuation Method (CVM) asks people what would they be willing to pay for an environmental good or attribute, or willing to accept for its loss. These papers consider the real value of such surveys.
Book Synopsis Valuing Environmental and Natural Resources by : Timothy C. Haab
Download or read book Valuing Environmental and Natural Resources written by Timothy C. Haab and published by Edward Elgar Publishing. This book was released on 2002-01-01 with total page 343 pages. Available in PDF, EPUB and Kindle. Book excerpt: Non-market valuation has become a broadly accepted and widely practiced means of measuring the economic values of the environment and natural resources. In this book, the authors provide a guide to the statistical and econometric practices that economists employ in estimating non-market values. The authors develop the econometric models that underlie the basic methods: contingent valuation, travel cost models, random utility models and hedonic models. They analyze the measurement of non-market values as a procedure with two steps: the estimation of parameters of demand and preference functions and the calculation of benefits from the estimated models. Each of the models is carefully developed from the preference function to the behavioral or response function that researchers observe. The models are then illustrated with datasets that characterize the kinds of data researchers typically deal with. The real world data and clarity of writing in this book will appeal to environmental economists, students, researchers and practitioners in multilateral banks and government agencies.
Book Synopsis The application of contingent valuation to the economic valuation of environmental resources by : P. COBBING
Download or read book The application of contingent valuation to the economic valuation of environmental resources written by P. COBBING and published by . This book was released on 1991 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Contingent Valuation by : J.A. Hausman
Download or read book Contingent Valuation written by J.A. Hausman and published by Elsevier. This book was released on 2012-12-02 with total page 516 pages. Available in PDF, EPUB and Kindle. Book excerpt: The papers in this volume present a quite critical assessment of contingent valuation (CV). CV is a survey method that attempts to estimate individual values for economic goods by asking people hypothetical questions about their willingness to pay for such goods. In economics, CV has previously been studied almost solely by economists specializing in environmental economics. This book, however, reports research which is mainly from economists with specialities in economic theory, econometrics, and public finance, rather than from the more narrowly focused research of environmental economists. In addition, the research of specialists in psychology, market research, and litigation is included.
Download or read book Contingent Valuation written by R. Carson and published by Edward Elgar Publishing. This book was released on 2012-01-01 with total page 464 pages. Available in PDF, EPUB and Kindle. Book excerpt: This major reference work the first of its kind provides a comprehensive and authoritative introduction to the large and growing literature on contingent valuation. It includes entries on over 7,500 contingent valuation papers and studies from over 130 countries covering both the published and grey literatures. This book provides an interpretive historical account of the development of contingent valuation, the most commonly used approach to placing a value on goods not normally sold in the marketplace. The major fields catalogued here include culture, the environment, and health application. This bibliography is an ideal starting point for researchers wanting to find other studies that have valued goods or used techniques similar to those they are interested in. For those wanting to conduct meta analyses, the book will serve as an invaluable guide to source material. For those wanting to conduct meta analyses, the book will serve as an invaluable guide to source material. In addition to the print edition we offer access, for purchasers of the book, to a website providing the contents of as a searchable Word document and in a variety of standard bibliographic database forms. Contingent Valuation is an indispensable reference source for researchers, scholars and policymakers concerned with survey approaches to the problem of environmental valuation.
Book Synopsis Applications of the Contingent Valuation Method in Developing Countries by : Anna Alberini
Download or read book Applications of the Contingent Valuation Method in Developing Countries written by Anna Alberini and published by Food & Agriculture Org.. This book was released on 2000 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt: Agriculture, in addition to producing food, hides and fibre, also provides many other goods and services not priced in the market. These include environmental outputs such as rural amenities and disamenities, but also social and cultural functions. The economic value of these non-market goods and services of agriculture can be assessed by estimating how much purchasing power people would be willing to give up to acquire those outputs if they were forced to make a choice. The contingent valuation method (CVM) is one of the most widely used methodologies developed for the measurement of the value of non-market goods.
Book Synopsis Handbook on Contingent Valuation by : Anna Alberini
Download or read book Handbook on Contingent Valuation written by Anna Alberini and published by Edward Elgar Publishing. This book was released on 2006 with total page 456 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Handbook on Contingent Valuation is unique in that it focuses on contingent valuation as a method for evaluating environmental change. It examines econometric issues, conceptual underpinnings, implementation issues as well as alternatives to contingent valuation. Anna Alberini and James Kahn have compiled a comprehensive and original reference volume containing invaluable case studies that demonstrate the implementation of contingent valuation in a wide variety of applications. Chapters include those on the history of contingent valuation, a practical guide to its implementation, the use of experimental approaches, an ecological economics perspective on contingent valuation and approaches for developing nations. The Handbook also contains: P discussions of underlying theory both contingent valuation and conjoint analysis comparisons of real and hypothetical data using experimental approaches an examination of survey structure issues developing country focus critical essays concerning the ethical basis of contingent valuation. This new reference book will be warmly welcomed by academics in environmental economics, environmental professionals in government, consulting firms and NGOs. Graduate and undergraduate students in economics, environmental studies and environmental policy will also find this an ever valuable resource.
Book Synopsis Economic Valuation Of Natural Resources by : Rebecca L Johnson
Download or read book Economic Valuation Of Natural Resources written by Rebecca L Johnson and published by Routledge. This book was released on 2019-04-24 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt: Allocation of natural resources has become a prominent concern at the local, state, and federal level. Competing uses for increasingly scarce resources are requiring that the relative values of those uses be investigated. Although many types of value are important in decision making, this book is concerned with the economic value of natural resources. Economic values for certain natural resources are readily observable in markets. For others, however, market prices are not available, and estimates of value must be made through nonmarket valuation techniques. The progress that has been made in improving the theory, methods, and applications of these techniques has been remarkable. Along with the progress, however, come new problems that must be addressed. The chapters presented in this volume are a collection of examples of both progress and problems.
Book Synopsis Valuing Environmental Benefits Using the Contingent Valuation Method by : Bengt Kriström
Download or read book Valuing Environmental Benefits Using the Contingent Valuation Method written by Bengt Kriström and published by . This book was released on 1990 with total page 194 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Environmental Valuation by : Jennifer Rietbergen-McCracken
Download or read book Environmental Valuation written by Jennifer Rietbergen-McCracken and published by Routledge. This book was released on 2013-10-11 with total page 241 pages. Available in PDF, EPUB and Kindle. Book excerpt: This companion volume to Economic Instruments for Environmental Management presents essential information on the applications of economic valuation to environment and development. It draws on a three-year collaborative effort by research institutions around the world. Authoritative studies review the range of valuation methods used in developing economies, their purposes, the problems encountered and the quality of the results. Topics covered include the value of wildlife viewing, the conservation of rainforests, mangroves and coral reefs, supplying rural water, and controlling urban air pollution. The analysis reveals important methodological and contextual factors, highlighting key lessons and ways of strengthening future valuations. Written to be accessible to non-economists, the book provides source material for students and academics, and for policy-makers and professionals, using valuation methods to frame policy.
Book Synopsis Valuing Ecosystem Services by : National Research Council
Download or read book Valuing Ecosystem Services written by National Research Council and published by National Academies Press. This book was released on 2005-05-14 with total page 291 pages. Available in PDF, EPUB and Kindle. Book excerpt: Nutrient recycling, habitat for plants and animals, flood control, and water supply are among the many beneficial services provided by aquatic ecosystems. In making decisions about human activities, such as draining a wetland for a housing development, it is essential to consider both the value of the development and the value of the ecosystem services that could be lost. Despite a growing recognition of the importance of ecosystem services, their value is often overlooked in environmental decision-making. This report identifies methods for assigning economic value to ecosystem servicesâ€"even intangible onesâ€"and calls for greater collaboration between ecologists and economists in such efforts.
Book Synopsis Valuing Environmental Goods by : Ronald G. Cummings
Download or read book Valuing Environmental Goods written by Ronald G. Cummings and published by Rowman & Littlefield Publishers. This book was released on 1986 with total page 298 pages. Available in PDF, EPUB and Kindle. Book excerpt: To find more information about Rowman and Littlefield titles, please visit www.rowmanlittlefield.com.
Book Synopsis Valuing the Environment: Methodological and Measurement Issues by : Rüdiger Pethig
Download or read book Valuing the Environment: Methodological and Measurement Issues written by Rüdiger Pethig and published by Springer Science & Business Media. This book was released on 1994-06-30 with total page 378 pages. Available in PDF, EPUB and Kindle. Book excerpt: During the last decades, environmental economics as a science has been very successful in improving our understanding of environment-economy interdepen dence. Using conventional economic methodology, environmental aspects have been explicitly incorporated into economic models making use of the concept of externality. This concept was already familiar to economists long before evidence of severe environmental deterioration found its way into the headlines and peo ple's awareness. But before that time, external effects were not considered as being empirically very relevant, they seemed to be -like the example of the bees and the fruit trees - somewhat bucolic in nature. All that changed dramatically when it was no longer possible (or easy) to ignore the large-scale environmental disruption with its negative feedback on consumers and producers caused by growing pollution and excessive use of environmental resources. In diagnosing the discrepancy between private and social cost as the cause of the problem, the externality paradigm proved very useful. The correct diagnosis implies the straightforward cure to internalise all external cost, namely the damage cost of pollution. But it is one thing to identify the qualitative nature of the problem at an abstract conceptual level and quite another thing to place specific money values on pollution damage and society's valuation of the environment, respectively, in the context of specific pollution (control) problems. Very often it is controversial not only how inefficient the no-policy situation is but also what exactly the net benefit of any public action of reducing pollution is.
Book Synopsis Valuing Ground Water by : National Research Council
Download or read book Valuing Ground Water written by National Research Council and published by National Academies Press. This book was released on 1997-07-10 with total page 203 pages. Available in PDF, EPUB and Kindle. Book excerpt: Because water in the United State has not been traded in markets, there is no meaningful estimate of what it would cost if it were traded. But failing to establish ground water's valueâ€"for in situ uses such as sustaining wetlands as well as for extractive uses such as agricultureâ€"will lead to continued overuse and degradation of the nation's aquifers. In Valuing Ground Water an interdisciplinary committee integrates the latest economic, legal, and physical knowledge about ground water and methods for valuing this resource, making it comprehensible to decision-makers involved in Superfund cleanup efforts, local wellhead protection programs, water allocation, and other water-related management issues. Using the concept of total economic value, this volume provides a framework for calculating the economic value of ground water and evaluating tradeoffs between competing uses of it. Included are seven case studies where ground-water valuation has been or could be used in decisionmaking. The committee examines trends in ground-water management, factors that contribute to its value, and issues surrounding ground-water allocation and legal rights to its use. The book discusses economic valuation of natural resources and reviews several valuation methods. Presenting conclusions, recommendations, and research priorities, Valuing Ground Water will be of interest to those concerned about ground-water issues: policymakers, regulators, economists, attorneys, researchers, resource managers, and environmental advocates.
