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

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: John I. Carruthers
Publisher: Ashgate Publishing, Ltd.
Total Pages: 338
Release: 2006
Genre: Architecture
ISBN: 9780754644712

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 neighborhood characteristics and high quality public goods and services play a direct role in determining where people choose to live. Bringing together a team of leading scholars, this book addresses the issues of environmental valuation and how the value placed on environments affect urban and regional policy.

Environmental and Resource Valuation with Revealed Preferences

Environmental and Resource Valuation with Revealed Preferences
Author: Nancy E. Bockstael
Publisher: Springer Science & Business Media
Total Pages: 385
Release: 2007-03-31
Genre: Business & Economics
ISBN: 1402053185

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.

Valuing Environmental and Natural Resources

Valuing Environmental and Natural Resources
Author: Timothy C. Haab
Publisher: Edward Elgar Publishing
Total Pages: 343
Release: 2002-01-01
Genre: Business & Economics
ISBN: 1843765438

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.

Environmental Valuation in South Asia

Environmental Valuation in South Asia
Author: A. K. Enamul Haque
Publisher: Cambridge University Press
Total Pages: 499
Release: 2011-08-15
Genre: Political Science
ISBN: 1139504789

This book is about understanding the value of environmental services in South Asia. It provides an overview of different environmental problems in South Asia and examines how economic valuation techniques can be used to assess these problems. It brings together multiple case studies on valuation undertaken by economists and environmental scientists from Bangladesh, India, Pakistan, Nepal and Sri Lanka under the aegis of the South Asian Network for Development and Environmental Economics (SANDEE). The book addresses the challenges of valuing environmental changes that are unique to developing countries. Each chapter starts with a description of an environmental problem and the valuation strategy used, followed by a discussion of estimation methods and results. It is designed to serve as a reference book for students, teachers, researchers, non-government organizations and practitioners of environmental valuation. Those interested in development and environmental economics, and natural resource management policies, will also find it useful.

Alternatives for Environmental Valuation

Alternatives for Environmental Valuation
Author: Michael Getzner
Publisher: Routledge
Total Pages: 315
Release: 2004-10-21
Genre: Business & Economics
ISBN: 1134389248

How can we value the environment, this is the crucial issue that this book debates. The critical analyses carried out within the book by such figures as Nick Hanley and Jonathan Aldred are vital to ensuring that future economic growth is not achieved at the expense of our environment.

The International Handbook on Non-Market Environmental Valuation

The International Handbook on Non-Market Environmental Valuation
Author: Jeff Bennett
Publisher: Edward Elgar Publishing
Total Pages: 417
Release: 2011-01-01
Genre: Science
ISBN: 0857931199

Non-market environmental valuation (NMEV) is undergoing a period of increased growth in both application and development as a result of increasing recognition of the role of economics in environmental policy issues. Against this backdrop, The International Handbook on Non-Market Environmental Valuation brings together world leaders in the field to advance the development and application of NMEV as a tool for policymaking. The expert contributors provide insights into the state of the art across the spectrum of both revealed and stated preference methods and highlight new directions being taken. A sequence of topical applications demonstrate various techniques and illustrate what can be achieved using NMEV: deliberately diverse case studies are drawn from Europe, North America, Asia and Australia with valuation targets ranging across use and non-use values of the environment. A number of reviews of cutting-edge issues are also presented. This outstanding resource will enable those interested in environmental valuation from theoretical, practical or policy perspectives to bring themselves to the forefront of developments and practice. As such, this Handbook will prove invaluable to a wide-ranging audience encompassing academics, researchers, students, practitioners and consultants involved in environmental economics and NMEV.

Valuing Environmental Preferences

Valuing Environmental Preferences
Author: Ian Bateman
Publisher: Oxford University Press, USA
Total Pages: 678
Release: 2001
Genre: Business & Economics
ISBN: 9780199248919

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.

Environmental Valuation

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

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?