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Blamey, Russell K.; Gordon, Jenny; Chapman, Ross. |
Three criticisms of the contingent valuation method (CVM) are considered in this article. One technique that would appear to answer such criticisms is choice modelling (CM). CM permits value estimates for different goods sharing a common set of attributes to be pieced together using the results of a single multinomial (conditional) logit model. The CM approach to environmental value assessment is illustrated in the context of a consumer‐based assessment of future water supply options in the Australian Capital Territory. CM is found to provide a flexible and cost‐effective method for estimating use and passive use values, particularly when several alternative proposals need to be considered. |
Tipo: Journal Article |
Palavras-chave: Resource /Energy Economics and Policy. |
Ano: 1999 |
URL: http://purl.umn.edu/117163 |
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Blamey, Russell K.; Rolfe, John; Bennett, Jeffrey W.; Morrison, Mark. |
In the Desert Uplands region of Central Queensland, many pastoralists are clearing vegetation in order to improve cattle grazing production. A choice modelling study was undertaken to provide estimates of the benefits of retaining remnant vegetation that are appropriate for inclusion in a cost benefit analysis of tighter clearing restrictions. Attributes included in the choice model were reductions in the population size of non‐threatened species, the number of endangered species lost to the region, and changes in regional income and employment. A nested logit model was used to model the data in order to avoid violations of the independence of irrelevant alternatives condition. The estimated benefits are reported for several tree clearing policy regimes... |
Tipo: Journal Article |
Palavras-chave: Resource /Energy Economics and Policy. |
Ano: 2000 |
URL: http://purl.umn.edu/117846 |
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Blamey, Russell K.; Common, Mick S.; Quiggin, John C.. |
The fundamental assumption of the contingent valuation method (CYM) is that responses to CY questionnaires may be interpreted as expressions of consumer preferences. The consumer preference interpretation has been challenged in recent papers arguing that willingness to pay for wildlife preservation is generated, at least in part, by ethical concerns, rather than by a view that wildlife preservation will yield any benefit to individual respondents. Some further evidence bearing upon these questions is derived from a study of forest management in Australia undertaken by the Resource Assessment Commission (RAC). The evidence supports the interpretation that respondents are acting primarily as citizens. |
Tipo: Journal Article |
Palavras-chave: Research Methods/ Statistical Methods. |
Ano: 1995 |
URL: http://purl.umn.edu/22679 |
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Blamey, Russell K.; Rolfe, John; Bennett, Jeffrey W.; Morrison, Mark. |
The Desert Uplands is a biogeographic region in central-western Queensland that lies within the rangelands area of Australia. In the region, many pastoralists are clearing the scrub and woodland vegetation in order to improve production for cattle grazing. Only limited production gains are possible because of the low rainfall and infertile soils relative to many other areas of Queensland. To assess whether such developments are economic and desirable, a first step is to value the environmental implications of alternate management regimes. A stated preference choice modelling study was undertaken to provide estimates of these values. Attributes included in the choice model pertain to reductions in the population size of nonthreatened species, the number of... |
Tipo: Presentation |
Palavras-chave: Environmental Economics and Policy; Livestock Production/Industries. |
Ano: 1999 |
URL: http://purl.umn.edu/123772 |
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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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