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Social Desirability and Environmental Valuation

Social Desirability and Environmental Valuation
Author: Tobias Börger
Publisher: Peter Lang Gmbh, Internationaler Verlag Der Wissenschaften
Total Pages: 0
Release: 2012
Genre: Contingent valuation
ISBN: 9783631632581

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5.2.3. Measuring trait desirability; 5.2.4. Calculation of the SDR variable; 5.3. General results of the contingent valuation survey; 5.3.1. Demographic characteristics of the sample population; 5.3.2. Overall determinants of WTP; 5.4. Analysis of the relationship of SDR and WTP; 5.5. Discussion of the empirical results; Chapter 6 Summary and concluding remarks; 7. References; 8. Appendix: The full questionnaire.


The Choice Modelling Approach to Environmental Valuation

The Choice Modelling Approach to Environmental Valuation
Author: Jeff Bennett
Publisher: Edward Elgar Publishing
Total Pages: 288
Release: 2001-01-01
Genre: Business & Economics
ISBN: 9781781956601

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'. . . 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.


Rationality Concepts in Environmental Valuation

Rationality Concepts in Environmental Valuation
Author: Oliver Frör
Publisher: Peter Lang Gmbh, Internationaler Verlag Der Wissenschaften
Total Pages: 264
Release: 2007
Genre: Business & Economics
ISBN:

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Survey based valuation techniques like the Contingent Valuation Method (CVM) rely particularly on the premise of respondents' rationality when answering willingness to pay (WTP) questions. Results of CVM surveys have repeatedly put this fundamental assumption into question. This study adopts a more realistic view of rationality accounting for respondents' limited capacities to process information. Based on cognitive psychology a technique to detect and analyze the bounds of rationality inherent in WTP statements is developed. Using an empirical example, the influence of bounded rationality on the validity of CVM results is analyzed. It is shown that individual differences in information processing play a major role. From these results recommendations for future survey design are developed.


Environmental Valuation

Environmental Valuation
Author: Jennifer Rietbergen-McCracken
Publisher: Routledge
Total Pages: 241
Release: 2013-10-11
Genre: Business & Economics
ISBN: 1134199104

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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.


The Economic Valuation of the Environment and Public Policy

The Economic Valuation of the Environment and Public Policy
Author: Noboru Hidano
Publisher: Edward Elgar Publishing
Total Pages: 190
Release: 2002-01-01
Genre: Business & Economics
ISBN: 9781843767152

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The Economic Valuation of the Environment and Public Policy fills an important gap in economic literature by providing a comprehensive account of hedonic pricing and its use in valuation of environmental amenities. . . . It should be invaluable to anyone contemplating undertaking a hedonic pricing study of an environmental amenity, as it contains practical advice on a myriad of modeling issues. Likewise, it should be of value to anyone wishing to thoroughly understand and critique the results of a hedonic pricing exercise. Richard T. Carson, Environment I appreciate this book s blend between theory and applications. It contains an informative review of the development of the theory of the hedonic price technique as well as an insightful analysis of the econometrics of the approach. Noboru Hidano has a gift for breaking down the difficult theoretical and econometric problems into simple and manageable proportions. Per-Olov Johansson, Stockholm School of Economics, Sweden The importance of the hedonic valuation approach in public policy evaluation and environmental value estimation is now widely accepted. This book is especially designed to illustrate the basic assumptions of the hedonic approach and highlight the strengths and weaknesses associated with it. Combining rigorous theoretical analysis, detailed empirical studies and an extensive history of hedonic valuation, the book is both a good introductory text to the field and a precise yet comprehensive aid for professionals and practitioners alike. Some of the book s special features include: a comprehensive explanation of the basic theorem extensive discussions on the utility of the approach in the evaluation of both small-scale and large-scale projects detailed explanations of how the approach can best be applied to cost benefit analysis an examination of the applicability of the hedonic method by comparing estimated values for various environmental and public services an illustration of public policy and environmental valuation using readily-understood examples. The Economic Valuation of the Environment and Public Policy will be essential reading for students of environmental and ecological economics, environmental science and technology specialists, and all those who are interested in the evaluation of public sector projects.


Valuing Environmental Preferences

Valuing Environmental Preferences
Author: Ian J. Bateman
Publisher: OUP Oxford
Total Pages: 668
Release: 2001-11-01
Genre: Business & Economics
ISBN: 0191530298

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Just as individuals have preferences regarding the various goods and services they purchase every day, so they also hold preferences regrding public goods such as hose provided by the naural environment. However, unlike provate goods, environmental goods often cannot be valued by direct reference o any market price. Thsi amkes economic analysis of the costs and benefits of environmental change problematic. Over the past few decades a number of methods have developed to address this problem by attempting to value environmental preferences. Principal among hese has been the contingent valuation (CV) method which uses surveys to ask individuals how much they would be willing to pay or willing to accept in compensation for gains and losses of environmental goods. The period from the mid-1980s to the present day has seen a m,assive expansion in use of the CV method. From its originalroots int eh USA, through Europe and the developed world, the method has now reached worldwide application with a substantial proportion of current studies being undertaken in developing countries where environmental services are often the dominating determinant of everyday living standards. The method has simultaneously moved from the realm of pure academic speculation into the sphere of instiutional decision analysis. However, the past decade also witness a developing critique of the CV method with a number of commentators questioning the underlying validity of its dervied valuations. This volume, therefore, reflects a time of heated debate, as wellas from commentators who see it as an interesting experimental tool regardless of the question of absolute validity of estimates. The book embraces the theoritical, methodologicl, empirical, and institutional aspects of the current debate. It covers US, European , and developing country applications, and the institutional frameworks within which CV studies are applied.


Preference Data for Environmental Valuation

Preference Data for Environmental Valuation
Author: John Whitehead
Publisher: Routledge
Total Pages: 371
Release: 2012-03-15
Genre: Business & Economics
ISBN: 1136812210

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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.


Environmental Valuation

Environmental Valuation
Author: Bill Mundy
Publisher: Routledge
Total Pages: 324
Release: 2017-11-30
Genre: Architecture
ISBN: 1351158953

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Environmental quality is one of the most important issues faced by contemporary urban and regional policy. Amenities such as access to the natural environment, attractive neighbourhood characteristics and high quality public goods and services, play a direct role in determining where people choose to live and how much they are willing to do so. Likewise, negative environmental conditions, such as contamination, influence the real estate markets and the 'value' of a region. Increasingly, regions become winners or losers based on the quality of life they offer their inhabitants. Bringing together a team of leading scholars, this book addresses the issues of environmental valuation, answering questions such as: What kinds of features matter? How large of an affect do they have? How do they affect the spatial distribution of the population? And how should the value that people place on their environment affect urban and regional policy?


Environmental Valuation with Discrete Choice Experiments

Environmental Valuation with Discrete Choice Experiments
Author: Petr Mariel
Publisher: Springer Nature
Total Pages: 136
Release: 2020-11-30
Genre: Business & Economics
ISBN: 3030626695

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This open access book offers up-to-date advice and practical guidance on how to undertake a discrete choice experiment as a tool for environmental valuation. It discusses crucial issues in designing, implementing and analysing choice experiments. Compiled by leading experts in the field, the book promotes discrete choice analysis in environmental valuation through a more solid scientific basis for research practice. Instead of providing strict guidelines, the book helps readers avoid common mistakes often found in applied work. It is based on the collective reflections of the scientific network of researchers using discrete choice modelling in the field of environmental valuation (www.envecho.com).