Valuing Environmental Benefits Using the Contingent Valuation Method

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Publisher :
ISBN 13 :
Total Pages : 194 pages
Book Rating : 4.3W/5 ( download)

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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:

Valuing Environmental Preferences

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Publisher : Oxford University Press, USA
ISBN 13 : 9780199248919
Total Pages : 678 pages
Book Rating : 4.15/5 ( download)

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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.

Using Surveys to Value Public Goods

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Publisher : Resources for the Future
ISBN 13 : 9780915707324
Total Pages : 496 pages
Book Rating : 4.22/5 ( download)

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Book Synopsis Using Surveys to Value Public Goods by : Robert Cameron Mitchell

Download or read book Using Surveys to Value Public Goods written by Robert Cameron Mitchell and published by Resources for the Future. This book was released on 1989 with total page 496 pages. Available in PDF, EPUB and Kindle. Book excerpt: Provides decision makers, policy analysts, and social scientists, with a detailed discussion of a new techniques for the valuation of goods not traded in prevate markets.

Valuing Environmental Goods

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Publisher : Rowman & Littlefield Publishers
ISBN 13 :
Total Pages : 298 pages
Book Rating : 4.19/5 ( download)

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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.

Using Surveys to Value Public Goods

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Publisher : Routledge
ISBN 13 : 1135887810
Total Pages : 460 pages
Book Rating : 4.10/5 ( download)

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Book Synopsis Using Surveys to Value Public Goods by : Robert Cameron Mitchell

Download or read book Using Surveys to Value Public Goods written by Robert Cameron Mitchell and published by Routledge. This book was released on 2013-10-18 with total page 460 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economists and others have long believed that by balancing the costs of such public goods as air quality and wilderness areas against their benefits, informed policy choices can be made. But the problem of putting a dollar value on cleaner air or water and other goods not sold in the marketplace has been a major stumbling block. Mitchell and Carson, for reasons presented in this book, argue that at this time the contingent valuation (CV) method offers the most promising approach for determining public willingness to pay for many public goods---an approach likely to succeed, if used carefully, where other methods may fail. The result of ten years of research by the authors aimed at assessing how surveys might best be used to value public goods validly and reliably, this book makes a major contribution to what constitutes best practice in CV surveys. Mitchell and Carson begin by introducing the contingent valuation method, describing how it works and the nature of the benefits it can be used to measure, comparing it to other methods for measuring benefits, and examining the data-gathering technique on which it is based---survey research. Placing contingent valuation in the larger context of welfare theory, the authors examine how the CV method impels a deeper understanding of willingness-to-pay versus willingness-to-accept compensation measures, the possibility of existence values for public goods, the role of uncertainty in benefit valuation, and the question of whether a consumer goods market or a political goods market (referenda) should be emulated. In developing a CV methodology, the authors deal with issues of broader significance to survey research. Their model of respondent error is relevant to current efforts to frame a theory of response behavior and bias typology will interest those considering the cognitive aspects of answering survey questions. Mitchell and Carson conclude that the contingent valuation method can obtain valid valuation information on public goods, but only if the method is applied in a way that addresses the potential sources of error and bias. They end their book by providing guidelines for CV practitioners, a list of questions that should be asked by any decision maker who wishes to use the findings of a CV study, and suggestions for new applications of contingent valuation. Additional features include a comprehensive bibliography of the CV literature and an appendix summarizing more than 100 CV studies.

Perspectives on Biodiversity

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Publisher : National Academies Press
ISBN 13 : 030906581X
Total Pages : 166 pages
Book Rating : 4.18/5 ( download)

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Book Synopsis Perspectives on Biodiversity by : National Research Council

Download or read book Perspectives on Biodiversity written by National Research Council and published by National Academies Press. This book was released on 1999-10-01 with total page 166 pages. Available in PDF, EPUB and Kindle. Book excerpt: Resource-management decisions, especially in the area of protecting and maintaining biodiversity, are usually incremental, limited in time by the ability to forecast conditions and human needs, and the result of tradeoffs between conservation and other management goals. The individual decisions may not have a major effect but can have a cumulative major effect. Perspectives on Biodiversity reviews current understanding of the value of biodiversity and the methods that are useful in assessing that value in particular circumstances. It recommends and details a list of components-including diversity of species, genetic variability within and among species, distribution of species across the ecosystem, the aesthetic satisfaction derived from diversity, and the duty to preserve and protect biodiversity. The book also recommends that more information about the role of biodiversity in sustaining natural resources be gathered and summarized in ways useful to managers. Acknowledging that decisions about biodiversity are necessarily qualitative and change over time because of the nonmarket nature of so many of the values, the committee recommends periodic reviews of management decisions.

Cost-Benefit Analysis of Environmental Goods by Applying Contingent Valuation Method

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Publisher : Springer Science & Business Media
ISBN 13 : 443128950X
Total Pages : 158 pages
Book Rating : 4.00/5 ( download)

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Book Synopsis Cost-Benefit Analysis of Environmental Goods by Applying Contingent Valuation Method by : Uddin Sarwar Ahmed

Download or read book Cost-Benefit Analysis of Environmental Goods by Applying Contingent Valuation Method written by Uddin Sarwar Ahmed and published by Springer Science & Business Media. This book was released on 2007-12-14 with total page 158 pages. Available in PDF, EPUB and Kindle. Book excerpt: Contingent valuation is one of the means of incorporating socio-environmental considerations in cost–benefit analysis. The authors of this book have examined environmental valuation methods through the lens of cost–benefit analysis focused on three case studies in Japan: public parks, a bay wetland, and a recreational theme park. With implications for the world at large, the findings presented here serve as a valuable source of information on Japanese behavior regarding the valuation of environmental goods. New, alternative approaches and guidelines for cost–benefit analysis in the public and private spheres also are discussed. This volume makes an important addition to the library of all researchers and other scientists in the fields of environmental science and environmental economics.

Valuing the Environment: Methodological and Measurement Issues

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Publisher : Springer Science & Business Media
ISBN 13 : 9780792326021
Total Pages : 378 pages
Book Rating : 4.24/5 ( download)

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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.

Handbook on Contingent Valuation

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Publisher : Edward Elgar Publishing
ISBN 13 :
Total Pages : 456 pages
Book Rating : 4.49/5 ( download)

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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.

Environmental Resource Valuation

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Publisher : Springer Science & Business Media
ISBN 13 : 1461557410
Total Pages : 289 pages
Book Rating : 4.18/5 ( download)

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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.