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Registros recuperados: 71
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Analysing options for the Red Gum Forests along the Murray River AgEcon
Bennett, Jeffrey W.; Dumsday, Robert G.; Gillespie, Robert.
The Victorian Environmental Assessment Council is conducting an investigation into the management of the public land River Red Gum Forests of the Murray River Valley in Victoria. In this paper the authors apply the results of an earlier Choice Modelling exercise commissioned by VEAC to estimate the non-use values of the forests. A Benefit Cost Analysis of VEAC's draft recommendations included assessment of the market and non market values associated with different River Red Gum forest management strategies. It is concluded that the use of water for environmental flows is competitive with its use for irrigation. Other economic values associated with timber harvesting, grazing and duck hunting are small in comparison with the water values.
Tipo: Conference Paper or Presentation Palavras-chave: Choice Modelling; Environment; River Red Gums; Benefit Cost Analysis; Water Resources; Land Economics/Use; Resource /Energy Economics and Policy.
Ano: 2008 URL: http://purl.umn.edu/6029
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Australasian environmental economics: contributions, conflicts and ‘cop-outs’ AgEcon
Bennett, Jeffrey W..
Australian and New Zealand environmental economists have played a significant role in the development of concepts and their application across three fields within their subdiscipline: non-market valuation, institutional economics and bioeconomic modelling. These contributions have been spurred on by debates within and outside the discipline. Much of the controversy has centred on the validity of valuations generated through the application of stated preference methods such as contingent valuation. Suggestions to overcome some shortcomings in the work of environmental economists include the commissioning of a sequence of non-market valuation studies to fill existing gaps to improve the potential for benefit transfer.
Tipo: Article Palavras-chave: Bioeconomic modelling; Institutional economics; Non-market valuation; Environmental Economics and Policy.
Ano: 2005 URL: http://purl.umn.edu/118501
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A Choice Modelling Survey of Community Attitudes to Improvements in Environmental Quality in NSW Catchments AgEcon
Mazur, Kasia; Bennett, Jeffrey W..
The survey was designed to estimate environmental values suitable for integration into MOSAIC, a bio-economic model for catchment and farm level planning. Local residents, as well as distant rural and distant urban communities, were surveyed in three NSW catchments (Lachlan, Namoi and Hawkesbury-Nepean) using choice modelling (CM). The survey aimed to find out respondents’ attitudes about, and preferences for, potential natural resource management (NRM) improvements. In total, 3,997 responses were collected from seven different locations in NSW. Fourteen split samples were established to allow for testing of incentive compatibility in CM, the impact of respondent location on values held, and scale effects. This research report describes the development...
Tipo: Report Palavras-chave: Nonmarket valuation; Choice modelling; Survey; Questionnaire design; Community/Rural/Urban Development; Environmental Economics and Policy; Research Methods/ Statistical Methods.
Ano: 2009 URL: http://purl.umn.edu/94813
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Willingness to pay for recycling food waste in the Brisbane Region AgEcon
Gillespie, Robert; Bennett, Jeffrey W..
Kerbside recycling in Australia has focused on paper, cardboard, plastics and bottles and in some areas green waste. Another area for potential kerbside recycling is organic waste. This study uses a dichotomous choice contingent valuation format with follow-up open-ended willingness to pay question to estimate the household willingness to pay for the introduction of a kerbside recycling scheme for kitchen waste. Two provision rules were used. The first sample split contained a majority decision rule while the second sample split contained a provision rule where participation is voluntary. Households across the Brisbane statistical sub-division currently pay in the order of $250 per annum for their kerbside waste collection scheme. This study indicates that...
Tipo: Report Palavras-chave: Environmental Economics and Policy.
Ano: 2011 URL: http://purl.umn.edu/107804
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Valuing the Protection of Victorian Forests: Murray River Red Gums, and East Gippsland AgEcon
Bennett, Jeffrey W.; Dumsday, Robert G..
The Victorian Environmental Assessment Council, in developing recommendations for the Victorian Government on the future management of public lands forests along he Murray River, and in East Gippsland, commissioned an analysis of environmental protections values. This paper reports the results of a choice modeling application that provides that analysis. Values for improved environmental conditions, as described by attributes relating to the forest composition, its wildlife characteristics and recreational opportunities, were estimated for sub-samples of households in Melbourne and in various regions around Victoria. The usefulness of the results as inputs to benefit cost analyses of policy alternatives is assessed.
Tipo: Conference Paper or Presentation Palavras-chave: Forests; Victoria; Choice modeling; Benefit cost analysis; Environmental Economics and Policy.
Ano: 2007 URL: http://purl.umn.edu/10366
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Using focus groups to design a choice modelling questionnaire for estimating natural resource management benefits in NSW AgEcon
Mazur, Kasia; Bennett, Jeffrey W..
In this study, focus group discussions were used to design a choice modelling (CM) questionnaire to estimate community wide values for the environmental and social benefits provided by natural resource management changes in the Namoi, Lachlan and Hawkesbury-Nepean catchments. This report describes the logistics of the focus groups and outlines the main conclusions drawn from the discussions. The research team conducted eight focus groups in the main urban areas of the regions where the CM survey will be conducted (Tamworth, Cowra, Goulburn and Sydney). How the CM questionnaire was developed with focus group participant input is also discussed in the report. The focus group meetings resulted in a draft questionnaire to be refined in consultation with...
Tipo: Report Palavras-chave: Focus groups; Choice modelling; Questionnaire design; Natural resource management.; Environmental Economics and Policy; Land Economics/Use; Research Methods/ Statistical Methods.
Ano: 2008 URL: http://purl.umn.edu/94801
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The Impacts of Attribute Level Framing and Changing Cost Levels on Choice Experiments Value Estimates AgEcon
Kragt, Marit Ellen; Bennett, Jeffrey W..
Choice Experiments (CE) are increasingly used to estimate the values of environmental goods and services. CE questionnaires represent the environmental good under valuation by varying levels of non-market attributes. Inclusion of a cost attribute enables the estimation of monetary values for changes in the non-market attributes presented. The ways in which the levels of the attributes are described in the survey - the ‘attribute frame’ - may affect respondents’ choices. Furthermore, varying levels of the cost attribute may impact CE value estimates. The challenge for CE practitioners is to identify the ‘appropriate’ attribute frames and cost levels. In this paper, the impacts of changing cost levels and the impacts of describing non-market attributes as...
Tipo: Conference Paper or Presentation Palavras-chave: Choice Experiments; Environmental Valuation; Bias; Tasmania; Environmental Economics and Policy.
Ano: 2010 URL: http://purl.umn.edu/59091
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Protecting the Booroolong Frog in the Namoi Catchment: A Cost-Benefit Analysis AgEcon
Greyling, Tertius; Bennett, Jeffrey W..
The Booroolong frog project in the Namoi Catchment represents an environmental investment to protect the species and around 10.7 kilometres of its habitat in the catchment. The project’s benefit-cost ratio (BCR) of 8.6 indicates that the benefits outweigh the costs by a significant margin. The measures introduced by landholders, at relatively low cost, should therefore result in a significant return on investment upon project completion in 10 years time. The benefits are estimated using a choice modelling study which was recently developed for the valuation of investment in natural resource management in the Namoi Catchment. As this is a largely ex ante cost-benefit analysis, the BCR is subject to uncertainty associated with assumptions which had to be...
Tipo: Report Palavras-chave: Cost-benefit analysis; Benefit-cost ratio; Choice modelling; Booroolong Frog; Namoi Catchment; Environmental Economics and Policy; Research Methods/ Statistical Methods.
Ano: 2011 URL: http://purl.umn.edu/107851
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Decision-Making in a Social Welfare Context AgEcon
Scarborough, Helen; Burton, Michael P.; Bennett, Jeffrey W..
This paper presents analysis of the decision-making strategies adopted by respondents when confronted with potential policy options that include changes in both aggregate levels of welfare and equity in distribution. The analysis is based on the results of a choice experiment designed to estimate intergenerational distributional preferences. Non-linear welfare functions are employed within a conventional conditional logit framework. The heuristics employed by respondents in the stated preference context provide valuable insights into the application of welfare principles by respondents in determining trade-offs between the potential changes in the well-being of different generations.
Tipo: Conference Paper or Presentation Palavras-chave: Intergenerational Equity; Distribution; Choice modelling; Research Methods/ Statistical Methods.
Ano: 2009 URL: http://purl.umn.edu/47622
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Ordering effects and strategic response in discrete choice experiments AgEcon
Scheufele, Gabriela; Bennett, Jeffrey W..
This study explores ordering effects and response strategies in repeated binary discrete choice experiments (DCE). Mechanism design theory and empirical evidence suggest that repeated choice tasks per respondent introduce strategic behavior. We find evidence that the order in which choice sets are presented to respondents may provide strategic opportunities that affect choice decisions (‘strategic response’). The findings propose that the ‘strategic response’ does not follow strong cost-minimization but other strategies such as weak cost-minimization or good deal/ bad deal heuristics. Evidence further suggests that participants, as they answer more choice questions, not only make more accurate choices (‘institutional learning’) but may also become...
Tipo: Report Palavras-chave: Discrete choice experiments; Incentive compatibility; Mixed logit models; Ordering effects; Repeated binary choice task; Response strategies; Environmental Economics and Policy.
Ano: 2010 URL: http://purl.umn.edu/107743
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Where the rubber hits the road: Biodiversity conservation incentives in theory and practice AgEcon
Coggan, Anthea; Whitten, Stuart M.; Bennett, Jeffrey W..
The lack of appropriate incentives through conventional markets is a major cause of deterioration of biodiversity on private land. In response, governments often intervene through changing the incentives faced by landholders. There are, however, potentially many ways that the incentives to private landholders could encourage improved conservation of native vegetation on private lands. These policies and incentives leverage change in different ways and are suited to differing opportunities and objectives and incur different costs. Our goal in this paper is to provide some guidance to support incentive selection and design decisions. We initially develop a framework for incentive decision, design and implementation. The framework is supported and illustrated...
Tipo: Conference Paper or Presentation Palavras-chave: Biodiversity; Incentives; Private land; Resource /Energy Economics and Policy.
Ano: 2007 URL: http://purl.umn.edu/10397
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Choice modelling in the development of natural resource management strategies in NSW AgEcon
Mazur, Kasia; Bennett, Jeffrey W..
Protecting environmental services generates social benefits. At the same time, private landholders supplying these benefits may face some costs. To provide these services efficiently, policy makers need information about community values for the environment as well as landholders’ costs. This study explores how choice modelling (a non-market valuation technique) is used to estimate comment values. These include use and non-use values for increasing environmental quality in NSW catchments. Non-market valuation techniques for estimating environmental values are reviewed. This is followed by a discussion of methodological aspects of the choice modelling technique and its potential as a regional planning tool for Catchment Management Authorities (CMA’s)
Tipo: Report Palavras-chave: Nonmarket valuation; Choice modelling; Trade-offs; Bio-physical modelling; Environmental Economics and Policy; Land Economics/Use.
Ano: 2008 URL: http://purl.umn.edu/94716
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RESPONDENTS TO CONTINGENT VALUATION SURVEYS: CONSUMERS OR CITIZENS (BLAMEY, COMMON AND QUIGGIN, AJAE 39:3) - A COMMENT AgEcon
Rolfe, John; Bennett, Jeffrey W..
Blarney, Common and Quiggin (1995) (BCQ) suggest that responses to contingent valuation (CV) questionnaires may be framed either according to the extent of individual benefits received, or according to wider views about ethical frameworks, impacts on other people, or desired societal levels. They characterise the individual benefit approach as a consumer model, and responses indicating wider concerns as citizen preferences. Citizen value responses are held to invalidate the economic assumptions underlying the use of CV. Hence, they hypothesize that the incorporation of CV results into benefit-cost analysis is problematic. In this comment we suggest that there are several flaws with the citizen value hypothesis. These can be grouped into arguments about...
Tipo: Journal Article Palavras-chave: Research Methods/ Statistical Methods.
Ano: 1996 URL: http://purl.umn.edu/22393
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Testing the validity of responses to contingent valuation questioning AgEcon
Bennett, Jeffrey W.; Morrison, Mark; Blamey, Russell K..
One way of assessing the validity of results generated through the application of the Contingent Valuation Method (CVM) is through the analysis of response sensitivity to factors expected to have an influence. Scope testing involves presenting at least two alternative impact scenarios to population sub‐samples and testing for differences between the estimates generated. Most applications of the CVM in Australia have not involved scope testing and those that have yielded mixed results. These studies are reviewed. The results of scope sensitivity and other validity tests are presented for a study aimed at estimating the value of environmental damage caused by dryland salinity in the Upper South East of South Australia.
Tipo: Journal Article Palavras-chave: Resource /Energy Economics and Policy.
Ano: 1998 URL: http://purl.umn.edu/117226
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Location differences in communities’ preferences for environmental improvements in selected NSW catchments: A Choice Modelling approach AgEcon
Mazur, Kasia; Bennett, Jeffrey W..
A choice modelling (CM) study was conducted to elicit household willingness to pay (WTP) for improvements in environmental quality in three NSW catchments (Lachlan, Namoi and Hawkesbury-Nepean). This paper presents results of research designed to investigate variations in WTP across different communities including local residents, distant/urban and distant/rural residents. Nine split samples were established to test for ‘location effect’. The analysis involved both conditional logit and random parameters logit models.
Tipo: Conference Paper or Presentation Palavras-chave: Choice modelling; Location effects; Non-market valuation; Catchment planning; Environment 1.
Ano: 2009 URL: http://purl.umn.edu/47946
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VALUING BOTANIC COLLECTIONS: A COMBINED TRAVEL-COST AND CONTINGENT VALUATION SURVEY IN AUSTRALIA AgEcon
Mwebaze, Paul; Bennett, Jeffrey W..
The economic value of biological collections in three major botanic gardens in Australia was estimated using the Travel-Cost (TC) and Contingent Valuation (CV) methods. The study used truncated count data models to control for the non-negative integer and truncation properties of the number of visits to botanic gardens in Canberra, Melbourne and Sydney. We estimate consumer surplus values of approximately $34 per trip to each botanic garden, resulting in the total social welfare estimate of approximately $96.9 million in 2010 Australian dollars. This result is relatively high compared to similar studies conducted in other countries. Willingness to pay (WTP) for entry fees and or higher parking charges for access to botanic gardens were also investigated....
Tipo: Conference Paper or Presentation Palavras-chave: Economic value; Botanic gardens; Biological collections; Willingness to pay; Travel-cost method; Contingent valuation method.; Resource /Energy Economics and Policy.
Ano: 2011 URL: http://purl.umn.edu/100688
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A THRESHOLD VALUE ANALYSIS OF PROPOSED FOREST RESERVES AgEcon
Bennett, Jeffrey W..
Threshold Value Analysis (TVA) may be a useful input into natural resource decision making when non-market values are involved. The decision rule under a TVA is to protect a natural resource if the (non-marketed and unquantified) benefits so arising are deemed to be greater than a threshold value defined by the (marketed and quantified) developmental benefits foregone. In this paper, threshold values are calculated for a range of forest protection options being considered under the Regional Forestry Agreements being negotiated in New South Wales. A static analysis is first undertaken. This is then enhanced by the incorporation of factors that affect the alternative streams of value through time. Extensive sensitivity testing to demonstrate the impact of...
Tipo: Presentation Palavras-chave: Environmental Economics and Policy; Resource /Energy Economics and Policy.
Ano: 1999 URL: http://purl.umn.edu/123768
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Australian economic development and the environment: conflict or synergy? AgEcon
Bennett, Jeffrey W.; Gillespie, Robert; Dumsday, Robert G..
The populist view of economic development and the environment is that advances in one will necessarily result in a decline in the other. Evidence in the Australian context is that the dual goals can be achieved simultaneously. As economic development progresses, the increasing levels of income stimulate greater demand for environmental improvements. The population engages in more environmentally focused consumption and calls for its governments to introduce more policies designed to rehabilitate and protect environmental assets. Concurrently, the increasing levels of wealth allow for increasing expenditure on research and development into production processes that generate greater productivity and less environmental damage. The Australian agricultural...
Tipo: Conference Paper or Presentation Palavras-chave: Economic development; Environmental protection; Agriculture; Policy; Environmental Economics and Policy; Financial Economics; Political Economy; Resource /Energy Economics and Policy.
Ano: 2008 URL: http://purl.umn.edu/6040
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Integrated Hydro-Economic Modelling: Challenges and Experiences in an Australian Catchment AgEcon
Kragt, Marit Ellen; Bennett, Jeffrey W..
Integrated catchment policies are widely used to manage natural resources in Australian catchments. Integration of environmental processes with socio-economic systems is often difficult due to the limitations of decision support tools. To support assessments of the environmental and economic trade-offs of changes in catchment management, fully integrated models are needed. This research demonstrates a Bayesian Network (BN) approach to integrating environmental modelling with economic valuation. The model incorporates hydrological, ecological and economic models for the George catchment in Tasmania. Choice experiments were used to elicit information about the non-market costs and benefits of environmental changes. This allows the efficiency of alternative...
Tipo: Report Palavras-chave: Hydro-economic modelling; Integrated catchment modelling; Ecological modelling; Valuation; Bayesian networks; Water quality; Community/Rural/Urban Development; Environmental Economics and Policy; Land Economics/Use.
Ano: 2009 URL: http://purl.umn.edu/94815
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Cost-Benefit Analysis of the protection of Malleefowl in the Lachlan Catchment AgEcon
Greyling, Tertius; Bennett, Jeffrey W..
A cost-benefit analysis (CBA) of an investment in the protection of malleefowl and associated native vegetation in the Lachlan Catchment’s central-west yielded a benefit-cost ratio of 1.4. The CBA is based on project expenditures over the past four years coupled with benefit estimates from a recent Choice Modelling study in the Lachlan Catchment. The project targets the protection of malleefowl on private land which has not yet been surveyed but where the species is known to be present. The CBA is subject to significant uncertainty due to a lack of available data. Nonetheless, sensitivity analysis indicates that the BCR is consistently larger than unity, if marginal in some cases. This suggests that the project is a worthwhile investment at this early...
Tipo: Report Palavras-chave: Cost-benefit analysis; Benefit-cost ratio; Choice modelling; Malleefowl; Lachlan Catchment; Environmental Economics and Policy.
Ano: 2011 URL: http://purl.umn.edu/107849
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