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| Grafton, R. Quentin; Akter, Sonia; Kompas, Tom. |
| Marine protected areas (MPA) potentially offer a wide range of use and non-use benefits. These include critical habitat protection, conservation of marine biodiversity, recovery of threatened and endangered marine species, and increased biomass of targeted marine species. To assess whether such benefits exceed the potential costs, we provide the first-ever comprehensive ex-ante, socio-economic guide to MPA evaluation. Our framework shows how to quantify four key values of MPAs: consumptive, non-consumptive, indirect, and non-use values. The framework also shows how to use decision tools to determine the desirability of establishing MPAs. Overall, the guide offers the promise of improved information and better decision making for marine protected areas. |
| Tipo: Report |
Palavras-chave: Marine protected areas; Use value; Non-use value; Benefit-cost analysis.; Environmental Economics and Policy. |
| Ano: 2009 |
URL: http://purl.umn.edu/94827 |
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| Herriges, Joseph A.; Kling, Catherine L.; Phaneuf, Daniel J.. |
| The focal point of the revealed preference (RP) valuation literature, including recreation demand and random utility maximization (RUM) models, has been on eliciting the "use" value associated with environmental amenities; i.e., that portion of value associated with direct use of a resource. Maler's (1974) concept of weak complementarity is typically invoked to justify this focus. Indeed, weak complementarity explicitly or implicitly underlies most of the RP literature. In this paper, we consider the measurement of welfare in RP models when weak complementarity does not hold. In particular, the Kuhn-Tucker (KT) framework (e.g., Phaneuf et al. 2000) does not impose weak complementarity a priori, raising the possibility of rejecting weakly complementary in... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Revealed preference; Valuation; Weak complementarity; Use value; Research Methods/ Statistical Methods. |
| Ano: 2000 |
URL: http://purl.umn.edu/18341 |
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