Environmental And Resource Valuation With Revealed Preferences
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Environmental And Resource Valuation With Revealed Preferences
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Author : Nancy E. Bockstael
language : en
Publisher: Springer Science & Business Media
Release Date : 2007-03-31
Environmental And Resource Valuation With Revealed Preferences written by Nancy E. Bockstael and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007-03-31 with Business & Economics categories.
This book provides a systematic review of those economic approaches for valuing the environment and natural resources that use information on what people do, not what they say. The authors have worked on models of revealed preferences for valuing environmental and natural resources for several decades. The book provides a candid review of the major conceptual challenges and an exploration of neglected issues in the literature.
Environmental Valuation With Revealed Preferences
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Author : Nancy E. Bockstael
language : en
Publisher: Springer London
Release Date : 2006-02-01
Environmental Valuation With Revealed Preferences written by Nancy E. Bockstael and has been published by Springer London this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006-02-01 with Business & Economics categories.
Environmental Resource Valuation
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Author : Richard C. Bishop
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06
Environmental Resource Valuation written by Richard C. Bishop and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-12-06 with Business & Economics categories.
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.
A Primer On Nonmarket Valuation
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Author : Patricia A. Champ
language : en
Publisher: Springer
Release Date : 2017-02-08
A Primer On Nonmarket Valuation written by Patricia A. Champ and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-02-08 with Business & Economics categories.
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.
Preference Data For Environmental Valuation
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Author : John Whitehead
language : en
Publisher: Routledge
Release Date : 2012-03-15
Preference Data For Environmental Valuation written by John Whitehead and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-03-15 with Business & Economics categories.
The monetary valuation of environmental goods and services has evolved from a fringe field of study in the late 1970s and early 1980s to a primary focus of environmental economists over the past decade. Despite its rapid growth, practitioners of valuation techniques often find themselves defending their practices to both users of the results of applied studies and, perhaps more troubling, to other practitioners. One of the more heated threads of this internal debate over valuation techniques revolves around the types of data to use in performing a valuation study. In the infant years of the development of valuation techniques, two schools of thought emerged: the revealed preference school and the stated preference school, the latter of which is perhaps most associated with the contingent valuation method. In the midst of this debate an exciting new approach to non-market valuation was developed in the 1990s: a combination and joint estimation of revealed preference and stated preference data. There are two primary objectives for this book. One objective is to fill a gap in the nonmarket valuation "primer" literature. A number of books have appeared over the past decade that develop the theory and methods of nonmarket valuation but each takes an individual nonmarket valuation method approach. This book considers each of these valuation methods in combination with another method. These relationships can be exploited econometrically to obtain more valid and reliable estimates of willingness-to-pay relative to the individual methods. The second objective is to showcase recent and novel applications of data combination and joint estimation via a set of original, state-of-the-art studies that are contributed by leading researchers in the field. This book will be accessible to economists and consultants working in business or government, as well as an invaluable resource for researchers and students alike.
Economic Valuation With Stated Preference Techniques
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Author : Ian Bateman
language : en
Publisher: Edward Elgar Publishing
Release Date : 2002
Economic Valuation With Stated Preference Techniques written by Ian Bateman and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002 with Auditoría ambiental categories.
This manual offers a detailed, up-to-date explanation of how to carry out stated preference techniques. The techniques use surveys to ask individuals how much they would be willing to pay or willing to accept in compensation for gains or losses of non-market goods and services. Applications of the technique include changes in air and water quality; noise nuisance; health care; risk; recorded heritage; cultural assets; habitats; Landscape and so on. It shows how to choose the most appropriate technique and how to design the questionnaires. Detailed advice on econometric analysis is provided, as well as explanation of the pitfalls that need to be avoided.
Revealed Preference Approaches To Environmental Valuation Volumes I And Ii
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Author : Catherine L. Kling
language : en
Publisher: Routledge
Release Date : 2019-01-22
Revealed Preference Approaches To Environmental Valuation Volumes I And Ii written by Catherine L. Kling and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-01-22 with Business & Economics categories.
In this two volume collection the editors have chosen a sample of some of the most essential and inspirational articles and papers for understanding revealed preference methods to value environmental amenities. The papers cover the gamut of methods that are typically classified as revealed preference approaches - including: recreation demand models, hedonic methods, and averting behavior methods, as well as efforts to combine stated and revealed preferences. While this collection is far from exhaustive, the editors have included papers they believe will represent the state of the art in the theory and application of revealed preference methods, contribute to development of the state of the art, or raise fundamental challenges and insights that will drive the research agenda in the coming years.
The Measurement Of Environmental And Resource Values
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Author : A. Myrick Freeman
language : en
Publisher: Resources for the Future
Release Date : 2003
The Measurement Of Environmental And Resource Values written by A. Myrick Freeman and has been published by Resources for the Future this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003 with Business & Economics categories.
Non-market valuation is becoming increasingly accepted as an evaluative tool of economics related to environmental and resource protection. Freeman (economics, Bowdoin College) presents an overview of the literature, introducing the principal methods and techniques of resource valuation. Chapters cover the measurement of welfare changes, revealed and stated preference models, nonuse models, aggregation of values across time, environmental quality as factor input, longevity and health valuation, property value models, hedonic wage models, and recreational uses of natural resource systems. Annotation (c)2003 Book News, Inc., Portland, OR (booknews.com).
The Stated Preference Approach To Environmental Valuation Volumes I Ii And Iii
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Author : Richard T. Carson
language : en
Publisher: Routledge
Release Date : 2018-12-20
The Stated Preference Approach To Environmental Valuation Volumes I Ii And Iii written by Richard T. Carson and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-12-20 with Science categories.
There is a truly enormous literature on using stated preference information to place a monetary value on environmental amenities. This three volume set provides the key papers for understanding the historical development of contingent valuation, its theoretical and statistical foundations, and the major controversies. It also contains representative papers covering all of the major application areas in environmental valuation.
Economic Valuation Of The Environment
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Author : Guy Garrod
language : en
Publisher: Edward Elgar Publishing
Release Date : 1999
Economic Valuation Of The Environment written by Guy Garrod and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999 with Business & Economics categories.
This book examines the major techniques used in cost-benefit analysis and project appraisal to value environmental goods and services. The authors, both environmental economists at the U. of Newcastle-upon- Tyne, UK, begin with description of various theoretical approaches including both revealed and expressed preference techniques. They then analyze case studies connected with recreation, landscape, biodiversity, water quality, amenity values. A concluding section contains discussion of contemporary issues, policy implications, and suggestions for future research. Annotation copyrighted by Book News, Inc., Portland, OR