Download or read book Do Contingent Valuation Estimates Pass a Scope Test A Meta Analysis written by V. Kerry Smith and published by . This book was released on 1997 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper considers two tests proposed to judge the internal consistency of contingent valuation estimates. Both tests are quite sensitive to the maintained hypotheses required to derive fairly precise expectations for the properties of WTP functions. This result suggests a different approach may be needed in gauging the reliability of CV. This paper describes an alternative approach that relies on a weight of the evidence criterion and uses meta analysis to develop a systematic appraisal of what are the economic values of changes in amenity resources. The approach is illustrated for the case of estimating people's willingness to pay for improving (or maintaining) visibility at the national parks.
Download or read book Do Contingent Valuation Estimates Pass a scope Test written by Vincent Kerry Smith and published by . This book was released on 1995 with total page 29 pages. Available in PDF, EPUB and Kindle. Book excerpt:
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.
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.
Download or read book The Stated Preference Approach to Environmental Valuation Volumes I II and III written by Richard T. Carson and published by Routledge. This book was released on 2018-12-20 with total page 1880 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Measuring Nonuse Damages Using Contingent Valuation written by William H. Desvousges and published by RTI Press. This book was released on 2010-09-28 with total page 254 pages. Available in PDF, EPUB and Kindle. Book excerpt: This second edition of Measuring Nonuse Damages Using Conjoint Valuation is essentially a reprint of a 1992 monograph that has been in steady demand since its original appearance. The RTI Press edition, which is intended to meet continued inquiries and requests for the monograph, contains a Foreword and a Preface to the second edition that put the original work into historical perspective. These studies of ways to value stated preferences, as applied then to the Exxon Valdez oil spill, continue to be a timely and still-rigorous examination of such methods; even with the passage of time and statistical advances from the past two decades, the conclusions and insights as to whether and how these techniques might still be employed in valuing use or nonuse losses from similar events remain valid.
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.
Download or read book The Flawed Foundations of General Equilibrium Theory written by Frank Ackerman and published by Routledge. This book was released on 2004-06-24 with total page 237 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book, as the title suggests, explains how General equilibrium, the dominant conceptual framework in mainstream economics, describes a perfectly impossible world. Even with its counterfactual assumptions taken for granted, it fails on many levels. Under the impressive editorship of Ackerman and Nadal, this book will appeal to students and researchers in economics and related social science disciplines.
Download or read book A Primer on Nonmarket Valuation written by Patricia A. Champ and published by Springer. This book was released on 2003-10-31 with total page 576 pages. Available in PDF, EPUB and Kindle. Book excerpt: A Primer on Nonmarket Valuation is unique in its clear descriptions of the most commonly used nonmarket valuation techniques and their implementation. Individuals working for government agencies, attorneys involved with natural resource damage assessments, graduate students, and others will appreciate the non-technical and practical tone of this book. The first section of the book provides the context and theoretical foundation of nonmarket valuation, along with practical data issues. The middle two sections of the Primer describe the major stated and revealed nonmarket valuation techniques. For each technique, the steps involved in implementation are laid out and described. Both practitioners of nonmarket valuation and those who are new to the field will come away from these methods chapters with a thorough understanding of how to design, implement, and analyze a nonmarket valuation study. The concluding section takes stock of the usefulness of nonmarket valuation, highlighting chapters on benefit transfer, the role of nonmarket valuation in real decisions about natural resources, and where nonmarket valuation is headed in the future. As a companion to A Primer on Nonmarket Valuation, a website has been developed, http://www.fs.fed.us/nonmarketprimerdata/. This website includes downloadable datasets for each of the techniques described in the Primer, as well as links to published journal articles and reports based on the data. The website also provides an opportunity for students to estimate models using the data.
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:
Download or read book A Meta analysis of Rates of Return to Agricultural R D written by Julian M. Alston and published by Intl Food Policy Res Inst. This book was released on 2000 with total page 163 pages. Available in PDF, EPUB and Kindle. Book excerpt: Analyze alternative national and international strategies and policies for meeting foof needs of the developing world on a sustainable basis, with particular emphasis on low-income countries and on the poorer groups in those countries.
Download or read book Meta Analysis in Environmental Economics written by J.C. van den Bergh and published by Springer Science & Business Media. This book was released on 2013-03-09 with total page 211 pages. Available in PDF, EPUB and Kindle. Book excerpt: Meta-analysis is a formal synthesis of results and findings of scientific studies, which can assist in gaining new insights, explaining differences between results of similar studies, or determine useful directions of research. In this book we focus on the use of meta-analysis in environmental economics and related fields of study. The first part of the book covers the overall meta-approach methodology for social sciences and economics in particular. This is followed by technical and non-technical discussions of statistical and rough-set techniques for analysis. At appropriate places this is supplemented with reviews of applications in environmental economics and related fields. In the second part of the book a number of case studies show different aspects of the application of meta-analysis. The research areas considered include, among others, tourism multipliers, air pollution valuation, risk and value of life, pesticide price policy, travel time savings, and transport externality and policy issues. The benefits of the appropriate application of meta-analysis in environmental economics are a better use of existing information and knowledge, removal of some of the subjectivity from analysis and forecasting, and greater clarity as to where future efforts in environmental economic analysis can most gainfully be deployed.
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.
Download or read book Comparative Environmental Economic Assessment written by R. J. G. M. Florax and published by Edward Elgar Publishing. This book was released on 2002-09-26 with total page 385 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the last decade, economists have increasingly recognized the role of meta-analysis and value transfer in synthesizing knowledge and efficiently exploiting the existing pool of knowledge. Comparative Environmental Economic Assessment explores the potential significance of using these techniques, particularly in environmental economics. Both meta-analysis and value transfer constitute major research tools which efficiently use knowledge previously acquired from other studies. The book focuses on the potential role and usefulness of these tools in environmental economic research, and goes on to address their validity, relevance and applicability. A future agenda for research is also illustrated.
Download or read book Contingent Valuation and Endangered Species written by Kristin M. Jakobsson and published by Edward Elgar Publishing. This book was released on 1996-01-01 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: This comprehensive appraisal of the problems and economics of biodiversity conservation will be welcomed by researchers and practitioners as an explicit hands-on application of the contingent valuation method.
Download or read book Determining the Value of Non Marketed Goods written by Raymond J. Kopp and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 337 pages. Available in PDF, EPUB and Kindle. Book excerpt: Contingent valuation (CV) measures what is called passive use value or existence value. The CV method has been used to measure the benefits of environmental policy actions. CV measures of economic value rely on choice. In CV studies, choices are posed to people in surveys; analysts then use the responses to these choice questions to construct monetary measures of value. The specific mechanism used to elicit respondents' choices can take a variety of forms, including asking survey respondents whether they would purchase, vote, or pay for a program or some other well-defined object of choice. It can also be a direct elicitation of the amount each respondent would be willing to pay (WTP) to obtain an object of choice or the amount each respondent would be willing to accept (WTA) in compensation to give it up. This volume is composed of three sections. The first section provides background into the issues underlying the public and academic discussion regarding CV and the reliability of CV estimates of economic value. In addition, this section reviews the theory underlying the measurement of economic value and discusses those aspects of the theory most relevant to CV. The second section focuses on issues that have formed the core of the CV discussions including: sensitivity of WTP estimates to the size of the program offered, tests for theoretical consistency of CV results, and the sensitivity of results to context and numerous other features of the survey and its administration. The final section addresses the application of CV to actual economic valuation tasks and discusses the types of practical problems the CV researcher will encounter.
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
