The Stated Preference Approach To Environmental Valuation

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The Stated Preference Approach to Environmental Valuation, Volumes I, II and III

Author : Richard T. Carson
Publisher : Unknown
Page : 1880 pages
File Size : 48,6 Mb
Release : 2018
Category : Consumers' preferences
ISBN : OCLC:1100539364

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The Stated Preference Approach to Environmental Valuation, Volumes I, II and III by Richard T. Carson Pdf

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.

Revealed Preference Approaches to Environmental Valuation Volumes I and II

Author : Catherine L. Kling
Publisher : Routledge
Page : 1218 pages
File Size : 52,6 Mb
Release : 2019-01-22
Category : Business & Economics
ISBN : 9781351903448

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Revealed Preference Approaches to Environmental Valuation Volumes I and II by Catherine L. Kling Pdf

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 Stated Preference Approach to Environmental Valuation, Volumes I, II and III

Author : Richard T. Carson
Publisher : Routledge
Page : 1880 pages
File Size : 40,7 Mb
Release : 2018-12-20
Category : Science
ISBN : 9781351881579

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The Stated Preference Approach to Environmental Valuation, Volumes I, II and III by Richard T. Carson Pdf

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.

Preference Data for Environmental Valuation

Author : John Whitehead,Tim Haab,Ju-Chin Huang
Publisher : Routledge
Page : 371 pages
File Size : 43,6 Mb
Release : 2012-03-15
Category : Business & Economics
ISBN : 9781136812217

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Preference Data for Environmental Valuation by John Whitehead,Tim Haab,Ju-Chin Huang Pdf

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.

Redesigning Environmental Valuation

Author : Neil A. Powe
Publisher : Edward Elgar Publishing
Page : 211 pages
File Size : 51,5 Mb
Release : 2007-01-01
Category : Business & Economics
ISBN : 9781847207111

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Redesigning Environmental Valuation by Neil A. Powe Pdf

In an area where feelings often run high, the author has produced a judicious assessment of the challenges to placing a value on environmental goods without a clear market value. Thoughtfully written, Redesigning Environmental Valuation draws on research from multiple disciplines, in creating a rigorous, nuanced approach to ensuring that important consequences are not neglected. In so doing, it shows the way toward integrative social sciences. Baruch Fischhoff, Carnegie Mellon University, US This excellent book will reinvigorate interest in environmental valuation by economists and other social scientists. Its focus is clear it highlights the challenges that face valuation researchers and describes new and better ways of estimating values for the environment by drawing on methods that have evolved in other disciplines. A must read for all researchers interested in environmental valuation. Douglas C. MacMillan, University of Kent, UK This comprehensive volume explores the extent to which the challenges facing stated preference environmental valuation can be overcome through mixing methods. In redesigning stated preference, two approaches are considered: mixing methods within conventional stated preference; and then moving away from the conventional to explore the use of group methods within preference construction and forming a social consensus on willingness to pay. These approaches are assessed in the light of qualitative findings evaluating the applicability of environmental valuation. Providing a step-by-step guide to mixing methods within stated preference surveys, this book will appeal to environmental valuation practitioners and students undertaking post-graduate research into environmental valuation. It will also be of interest to students and practitioners involved in environmental science or related environmental fields.

The Stated Preference Approach to Environmental Valuation

Author : Richard T. Carson
Publisher : Routledge
Page : 690 pages
File Size : 53,5 Mb
Release : 2007
Category : Business & Economics
ISBN : STANFORD:36105130545317

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The Stated Preference Approach to Environmental Valuation by Richard T. Carson Pdf

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.

The Stated Preference Approach to Environmental Valuation

Author : Richard T. Carson
Publisher : Unknown
Page : 577 pages
File Size : 55,9 Mb
Release : 2007
Category : SCIENCE
ISBN : 131523694X

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The Stated Preference Approach to Environmental Valuation by Richard T. Carson Pdf

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.

A Primer on Nonmarket Valuation

Author : Patricia A. Champ,Kevin J. Boyle,Thomas C. Brown
Publisher : Springer
Page : 504 pages
File Size : 53,8 Mb
Release : 2017-02-08
Category : Business & Economics
ISBN : 9789400771048

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A Primer on Nonmarket Valuation by Patricia A. Champ,Kevin J. Boyle,Thomas C. Brown Pdf

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.

Environmental and Resource Valuation with Revealed Preferences

Author : Nancy E. Bockstael,Kenneth E. McConnell
Publisher : Springer Science & Business Media
Page : 385 pages
File Size : 45,7 Mb
Release : 2007-03-31
Category : Business & Economics
ISBN : 9781402053184

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Environmental and Resource Valuation with Revealed Preferences by Nancy E. Bockstael,Kenneth E. McConnell Pdf

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.

Contingent Valuation of Environmental Goods

Author : Daniel McFadden,Kenneth Train
Publisher : Unknown
Page : 0 pages
File Size : 41,7 Mb
Release : 2017
Category : Contingent valuation
ISBN : 1786434687

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Contingent Valuation of Environmental Goods by Daniel McFadden,Kenneth Train Pdf

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. Individual chapters investigate how respondents answer questions in contingent valuation surveys, with a particular focus on how the procedure's estimates change based on the costs that the researcher specifies, the payment mechanism, and the scope of the environmental improvement. Other issues covered include whether the survey respondents make trade-offs between the program costs and benefits; and whether corrections can be applied to account for any misunderstanding of the questions by respondents and for the hypothetical nature of the survey. This book will appeal to environmental economists and students in environmental and resource economics. Government staff at environmental agencies and survey researchers will benefit from the close analysis of previous applications. Contributors include: J. Burrows, H.M. Chan, L. Daniel, W. Desvousges, P. Dixon, H.Foster, J. Genser, B. Israel, M. Kemp, E. Leamer, J. Lustig, D. McFadden, D. MacNair, J. Martin, K. Mathews, K. Myers, R. Newman, G. Parsons, J. Plewes, J. Schneider, K. Smith Fayne, T. Tomasi, K. Train

Valuing Environmental Preferences

Author : Ian Bateman,Kenneth George Willis
Publisher : Oxford University Press, USA
Page : 678 pages
File Size : 41,7 Mb
Release : 2001
Category : Business & Economics
ISBN : 0199248915

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Valuing Environmental Preferences by Ian Bateman,Kenneth George Willis Pdf

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.

Valuing Environmental Amenities Using Stated Choice Studies

Author : Barbara J. Kanninen
Publisher : Springer Science & Business Media
Page : 344 pages
File Size : 45,7 Mb
Release : 2007-05-31
Category : Business & Economics
ISBN : 9781402053139

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Valuing Environmental Amenities Using Stated Choice Studies by Barbara J. Kanninen Pdf

This book provides practical, research-based advice on how to conduct high-quality stated choice studies. It covers every aspect of the topic, from planning and writing the survey, to analyzing results, to evaluating quality. There is no other book on the market today that so thoroughly addresses the methodology of stated choice. Chapters are written by top-notch academics and practitioners in an accessible style, offering practical, tough advice.

Environmental Resource Valuation

Author : Richard C. Bishop,Donato Romano
Publisher : Springer Science & Business Media
Page : 289 pages
File Size : 50,6 Mb
Release : 2012-12-06
Category : Business & Economics
ISBN : 9781461557418

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Environmental Resource Valuation by Richard C. Bishop,Donato Romano Pdf

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.

Environmental Valuation with Discrete Choice Experiments

Author : Petr Mariel,David Hoyos,Jürgen Meyerhoff,Mikolaj Czajkowski,Thijs Dekker,Klaus Glenk,Jette Bredahl Jacobsen,Ulf Liebe,Søren Bøye Olsen,Julian Sagebiel,Mara Thiene
Publisher : Springer
Page : 129 pages
File Size : 40,9 Mb
Release : 2020-12-01
Category : Business & Economics
ISBN : 3030626687

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Environmental Valuation with Discrete Choice Experiments by Petr Mariel,David Hoyos,Jürgen Meyerhoff,Mikolaj Czajkowski,Thijs Dekker,Klaus Glenk,Jette Bredahl Jacobsen,Ulf Liebe,Søren Bøye Olsen,Julian Sagebiel,Mara Thiene Pdf

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).