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| Registros recuperados: 64 | |
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| Rogers, Abbie A.. |
| One of the motivations for choice modelling is to provide values that can be used to inform decisionmakers about the non-market costs and benefits of proposed projects or policies. However, the question must be asked as to whether decision-makers consider choice modelling to be a policy relevant tool. There may be more cost-effective and convenient means of providing comparable policy guidance than commissioning a choice modelling study. For example, advice on decision options may be sought from experts, such as scientists. However, expert advice may not accurately reflect the value judgements of the public. The aim of this study is to investigate whether public and expert preferences diverge, using the choice modelling technique. Two case studies are... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Choice modelling; Valuation; Experts; Public; Marine parks; Research Methods/ Statistical Methods. |
| Ano: 2011 |
URL: http://purl.umn.edu/100704 |
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| Lusk, Jayson L.. |
| The present article discusses general issues associated with experimental auctions and their relative advantages and disadvantages over other marketing research techniques. Experimental auctions create an active market environment with feedback where subjects exchange real goods and real money, which is not generally the case with other methods. The article also discusses four experimental design issues associated with experimental auctions: auction mechanism, market feedback and bidder affiliation, demand reduction and wealth effects, and multiple attribute valuation. Each of these experimental design issues, if not properly controlled, have the potential to create serious flaws in marketing recommendations. |
| Tipo: Journal Article |
Palavras-chave: Auctions; Experimental economics; Marketing; Valuation; Willingness-to-pay; D44; C92; Q13; M31. |
| Ano: 2003 |
URL: http://purl.umn.edu/43210 |
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| Hyytiainen, Kari; Ahtiainen, Heini; Heikkila, Jaakko; Helin, Janne; Huhtala, Anni; Iho, Antti; Koikkalainen, Kauko; Miettinen, Antti; Pouta, Eija; Vesterinen, Janne. |
| This study introduces a prototype model for evaluating policies to abate agricultural nutrients in the Baltic Sea from a Finnish national point of view. The stochastic simulation model integrates nutrient dynamics of nitrogen and phosphorus in the sea basins adjoining the Finnish coast, nutrient loads from land and other sources, benefits from nutrient abatement (in the form of recreation and other ecosystem services) and the costs of agricultural abatement activities. The aim of this study is to present the overall structure of the model and to demonstrate its potential using preliminary parameters. The model is made flexible for further improvements in all of its ecological and economic components. Results of a sensitivity analysis suggest that... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Ecosystem services; Nutrient abatement; Monte Carlo simulation; Recreation; Valuation; Environmental Economics and Policy; Research Methods/ Statistical Methods. |
| Ano: 2009 |
URL: http://purl.umn.edu/49896 |
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| Dapena, Jose Pablo. |
| Each company faces day to day investment opportunities. Just by staying in business the company is taking a decision of reinvesting capital. These opportunities have to be fairly valued to overcome misallocation of resources. A project with high growth opportunities requires high reinvestments to take full advantage of them until it reaches its mature stage. These investments can be seen as a succession of call options on future growth. When a company with such prospects is valued using the discounted cash flow technique and growth is taken implicitly in the growing cash flows and the residual value, the value thus obtained will be higher than the true one (under certain circumstances). Technology advances and the effects of globalization create enormous... |
| Tipo: Journal Article |
Palavras-chave: Real options; Valuation; Contingent claims valuation; Financial Economics; G12. |
| Ano: 2003 |
URL: http://purl.umn.edu/44040 |
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| Androkovich, Robert A.; Desjardins, Ivan; Tarzwell, Gordon; Tsogaris, Peter. |
| This study extends previous empirical research on land preservation by considering an actual land preservation scheme, the agricultural land reserve in British Columbia, Canada. The reserve was established in 1973 to ensure that development did not occur on the province’s most productive agricultural land. ‘To ensure that local food production is maintained,’ ‘the economic importance of British Columbia’s agricultural sector,’ and ‘to protect the environment’ are the most important factors that underlie support for the reserve. Aggregate, provincewide willingness to pay to maintain the land reserve is substantial, with our most conservative estimate being Can$91.18 million per year. |
| Tipo: Journal Article |
Palavras-chave: Agriculture; Contingent; Land; Preservation; Valuation; Agribusiness; Agricultural Finance; International Development; Resource /Energy Economics and Policy; Q15; Q24; Q28; Q51. |
| Ano: 2008 |
URL: http://purl.umn.edu/47273 |
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| Bellver, Jeronimo Aznar; Martinez, Francisco Guijarro. |
| Resumen En este trabajo se presentan diversos modelos de valoración en ambiente de incertidumbre que combinan información precisa e imprecisa. En el desarrollo de los mismos se ha extendido la técnica de programación por metas básica a modelos que permiten considerar intervalos en la expresión del precio o las variables explicativas del mismo, enunciando una serie de proposiciones con las que se obtiene un completo conocimiento sobre el grado de adecuación entre los valores observados en el precio y los valores estimados por la función de valoración. Así mismo, se ha formulado un índice de adecuación que permite comparar diferentes modelos obtenidos mediante la metodología propuesta. Palabras clave: Valoración, Incertidumbre, Programación por metas con... |
| Tipo: Journal Article |
Palavras-chave: Valuation; Uncertainty; Interval goal programming; Research Methods/ Statistical Methods; C61; G12; Q14. |
| Ano: 2004 |
URL: http://purl.umn.edu/28731 |
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| Wilson, William W.; Dahl, Bruce L.. |
| Many of the U.S. railroads have introduced highly differentiated services for grain shipments in recent years, generally in the area of forward guaranteed car service. Taken together with other alternatives, these mechanisms have had the effect of establishing priority allocations among shippers. In most cases, pricing and allocation of these services has been with some type of bidding mechanisms. This paper explores the economic implications of these mechanisms on the grain shipping industry. A model was developed to identify factors affecting the value of these services and was analyzed in the context of a typical midwestern grain shipment. A game theory model of competitive bidding was also developed to analyze the effects of critical strategic... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Railcars; Guaranteed car service; Railcar allocation; Options; Guarantee; Bidding models; Valuation; Marketing. |
| Ano: 1997 |
URL: http://purl.umn.edu/23168 |
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| Tait, Peter R.; Cullen, Ross. |
| Intensification of agricultural practices is occurring in Canterbury. Dairy farm conversions continue with land use increasing 132% since 1995. Current concerns emanate predominantly from issues of water quantity and quality, in particular the degradation of lowland streams. These and other costs are not transmitted through markets for dairy products, these negative externalities represent allocation and equity concerns for regional policy makers. This study canvassed regional policy administrators, assembled available valuation studies and performed rudimentary calculations based on reviewed New Zealand literature to form an estimate of the external costs of dairy farming in Canterbury. External costs are estimated at $28.7 to $45 million annually. Using... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Negative externalities; Dairy farming; Valuation; Agricultural and Food Policy; Environmental Economics and Policy; Q51. |
| Ano: 2006 |
URL: http://purl.umn.edu/109595 |
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| Ivehammar, Pernilla. |
| This paper examines the effect of the payment vehicle on the valuation of an environmental good with the contingent valuation method (CVM). Results from three CV studies comparing different payment vehicles by using split samples when valuing environmental encroachment caused by roads in Sweden are presented and compared to results from other such split-sample studies of payment vehicle effects. The results are consistent and show that the payment vehicle affects the valuation, but not always the way expected when considering incentives to behave strategically. |
| Tipo: Journal Article |
Palavras-chave: CVM; Payment vehicle; Split-sample tests; Valuation; Environmental Economics and Policy. |
| Ano: 2009 |
URL: http://purl.umn.edu/57628 |
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| Gilmour, Brad; Jotanovic, Aleksandar; Gurung, Rajendra Kumar; Polcyn, Tania; Deng, Hugh. |
| With a relatively small population and 7% of the world's available freshwater resources, Canada is well placed for a world of water scarcity where the real value of water in its many uses becomes more and more apparent. However, action is necessary to ensure that Canada continues to benefit from the social, economic and environmental goods and services derived from water resources. Experience and analysis suggests that policy and incentives play critical roles in the sustainable exploitation of natural resources. In particular, properly valuing water in all its forms and uses appears to be critical. Analysis abroad has underlined the benefits of clearly delineating the roles of regulators, resource managers, infrastructure operators and service... |
| Tipo: Report |
Palavras-chave: Water; Governance; Scarcity; Incentives; Sustainability; Valuation; Accountability; Transparency; Environmental Economics and Policy; Institutional and Behavioral Economics; International Relations/Trade; Resource /Energy Economics and Policy. |
| Ano: 2007 |
URL: http://purl.umn.edu/46689 |
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| Registros recuperados: 64 | |
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