Welfare Effects of Changes in Environmental Quality Under Individual Uncertainty About Use

Welfare Effects of Changes in Environmental Quality Under Individual Uncertainty About Use PDF Author: Trudy Ann Cameron
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description
We adapt the theoretical state-preference model to value nonmarket public goods under individual uncertainty about use, illustrating with an assessment of willingness-to-pay to prevent acid rain lake damage in the northeast. Individual usage uncertainty is modeled via probabilities of participation in trout fishing. Changes in environmental quality are valued using a random utility model to explain yes/no responses to a contingent valuation question. We produce quantitative welfare measures: individual fitted and simulated passive- and active-use values, individual expected consumer surplus, option price, option value, and complete individual willingness-to-pay loci.

Welfare Effects of Changes in Environmental Quality Under Individual Uncertainty About Use

Welfare Effects of Changes in Environmental Quality Under Individual Uncertainty About Use PDF Author: Trudy Ann Cameron
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

Get Book Here

Book Description
We adapt the theoretical state-preference model to value nonmarket public goods under individual uncertainty about use, illustrating with an assessment of willingness-to-pay to prevent acid rain lake damage in the northeast. Individual usage uncertainty is modeled via probabilities of participation in trout fishing. Changes in environmental quality are valued using a random utility model to explain yes/no responses to a contingent valuation question. We produce quantitative welfare measures: individual fitted and simulated passive- and active-use values, individual expected consumer surplus, option price, option value, and complete individual willingness-to-pay loci.

The Measurement of Environmental and Resource Values

The Measurement of Environmental and Resource Values PDF Author: A. Myrick Freeman III
Publisher: Routledge
ISBN: 1317703936
Category : Business & Economics
Languages : en
Pages : 479

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Book Description
The first edition of this important work was the winner of the 2002 Publication of Enduring Quality award by the Association of Environmental and Resource Economists. The continuing premise for the book is that estimates of the economic values of environmental and natural resource services are essential for effective policy-making. As previous editions, the third edition, which includes two additional co-authors, presents a comprehensive treatment of the theory and methods involved in estimating environmental benefits. Researchers, policy-makers, and practitioners will welcome the work as an up-to-date reference on recent developments. Students will gain a better understanding of the contribution that economics as a discipline can make to decisions concerning pollution control and human health, recreation, environmental amenities, and other critical issues concerning the way we use and interact with environmental and natural resource systems. To reflect recent progress in both the theory and practice of non-market valuation, the third edition includes more details on empirical approaches to measurement, expanded discussion of the reasons for divergence between "willingness to pay" and "willingness to accept compensation," and increased coverage of econometric issues encountered in estimation. In keeping with its cutting edge orientation, it also includes more discussion of survey design, equilibrium sorting models, and the implications of behavioral economics for welfare measurements and benefit cost analysis.

Accessibility, Land Use and Transport

Accessibility, Land Use and Transport PDF Author: Karst Geurs
Publisher: Eburon Uitgeverij B.V.
ISBN: 9059721179
Category : Land use
Languages : en
Pages : 248

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Book Description
How can accessibility be defined? How useful are different accessibility approaches in evaluating land-use and transport policy strategies? How can the economic benefits associated with accessibility changes be measured? What are the accessibility benefits of having a public transport service available as a transport option for unexpected future use? How can the land-use, transport and accessibility impacts of Dutch compact urbanisation policies implemented in the last decades be measured? The research presented in this thesis seeks to answer these and related questions. Results suggest that current practices in evaluating accessibility in the Netherlands can be improved using geographical accessibility measures within an integrated land-use/transport perspective. Another major outcome is formed by the possible significant benefits associated with option use of public transport services in addition to use and non-use benefits traditionally included in transport policy appraisal. Residents in the service area of regional railway links seemed to be willing to pay significant amounts for the continued availability of the railway links for unexpected future use. Dutch compact urbanisation policies were also shown to have contributed to the land-use and transport-related intentions of the Dutch national government. Without compact urban development urban sprawl would likely have been greater, resulting in greater car use and related environmental impacts, higher congestion and lower accessibility levels, along with stronger fragmentation of wildlife habitats.

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

The Stated Preference Approach to Environmental Valuation, Volumes I, II and III PDF Author: Richard T. Carson
Publisher: Routledge
ISBN: 1351881574
Category : Science
Languages : en
Pages : 1880

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Book Description
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.

Downstream

Downstream PDF Author: National Research Council
Publisher: National Academies Press
ISBN: 0309065798
Category : Science
Languages : en
Pages : 242

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Book Description
The Grand Canyon Monitoring and Research Center began long-term planning at its inception and, in May 1997, produced a Long-Term Monitoring and Research Strategic Plan that was adopted by stakeholder groups (the Adaptive Management Work Group and the Technical Work Group) later that year. The Center then requested the National Research Council's (NRC) Water Science and Technology Board to evaluate this plan.

Expanding Sphere of Travel Behaviour Research

Expanding Sphere of Travel Behaviour Research PDF Author: Ryuichi Kitamura
Publisher: Emerald Group Publishing
ISBN: 1848559372
Category : Psychology
Languages : en
Pages : 955

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Book Description
Suitable for researchers, and graduate students in the field of transportation and urban planning in general, and in travel behaviour analysis in particular, this volume of the 11th International Conference on Travel Behaviour Research, held in Kyoto, Japan, in August 2006, examines key issues and emerging trends in the field of travel behaviour.

Cost-Benefit Analysis and the Environment Recent Developments

Cost-Benefit Analysis and the Environment Recent Developments PDF Author: OECD
Publisher: OECD Publishing
ISBN: 926401005X
Category :
Languages : en
Pages : 318

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Book Description
An in-depth assessment of the most recent conceptual and methodological developments in cost-benefit analysis and the environment.

Contingent Valuation

Contingent Valuation PDF Author: R. Carson
Publisher: Edward Elgar Publishing
ISBN: 085793628X
Category : Business & Economics
Languages : en
Pages : 464

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Book Description
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.

Network Developments in Economic Spatial Systems

Network Developments in Economic Spatial Systems PDF Author: Aura Reggiani
Publisher: Routledge
ISBN: 0429820127
Category : Science
Languages : en
Pages : 324

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Book Description
First published in 1999, the main feature of this book is its multidisciplinary nature, since the book focuses on the complexity of spatial/ economic networks from several methodological points of view. For this purpose both theoretical and empirical works have been included. The aim of the book is to provide an updated and fresh look at the mentioned issue with innovative and creative papers coming from leading experts belonging to different disciplines. Therefore the book could be considered as an expert and critical guide - through different methodological approaches - to the topic of (complex) networks in the space-economy. All the contributions provide innovative and in some cases provocative elements to the understanding of networks and development over space.

The Measurement of Environmental and Resource Values

The Measurement of Environmental and Resource Values PDF Author: A. Myrick Freeman III
Publisher: Routledge
ISBN: 1317703928
Category : Business & Economics
Languages : en
Pages : 523

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Book Description
The first edition of this important work was the winner of the 2002 Publication of Enduring Quality award by the Association of Environmental and Resource Economists. The continuing premise for the book is that estimates of the economic values of environmental and natural resource services are essential for effective policy-making. As previous editions, the third edition, which includes two additional co-authors, presents a comprehensive treatment of the theory and methods involved in estimating environmental benefits. Researchers, policy-makers, and practitioners will welcome the work as an up-to-date reference on recent developments. Students will gain a better understanding of the contribution that economics as a discipline can make to decisions concerning pollution control and human health, recreation, environmental amenities, and other critical issues concerning the way we use and interact with environmental and natural resource systems. To reflect recent progress in both the theory and practice of non-market valuation, the third edition includes more details on empirical approaches to measurement, expanded discussion of the reasons for divergence between "willingness to pay" and "willingness to accept compensation," and increased coverage of econometric issues encountered in estimation. In keeping with its cutting edge orientation, it also includes more discussion of survey design, equilibrium sorting models, and the implications of behavioral economics for welfare measurements and benefit cost analysis.