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Registros recuperados: 33
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What's Nature Done for You Lately: Measuring the Value of Ecosystem Services AgEcon
Polasky, Stephen.
Tipo: Journal Article Palavras-chave: Ecosystem services; Ecological production function; Non-market valuation; Public goods; Resource /Energy Economics and Policy; Q57; Q20; Q51; Q15.
Ano: 2008 URL: http://purl.umn.edu/94654
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An Integrated Assessment approach to linking biophysical modelling and economic valuation tools AgEcon
Kragt, Marit Ellen; Bennett, Jeffrey W.; Jakeman, Tony.
Natural resource management (NRM) typically involves complex decisions that affect a variety of stakeholder values. Efficient NRM, which achieves the greatest net environmental, social and financial benefits, needs to integrate the assessment of environmental impacts with the costs and benefits of investment. Integrated assessment (IA) is one approach that incorporates the several dimensions of catchment NRM, by considering multiple issues and knowledge from various disciplines and stakeholders. Despite the need for IA, there are few studies that integrate biophysical modelling tools with economic valuation. In this paper, we demonstrate how economic non-market valuation tools can be used to support an IA of catchment NRM changes. We develop a Bayesian...
Tipo: Report Palavras-chave: Bayesian networks; Bio-economic modelling; Catchment management; Cost-benefit analysis; Environmental values; Integrated assessment and modelling; Non-market valuation; Riparian vegetation; Environmental Economics and Policy; Research Methods/ Statistical Methods.
Ano: 2010 URL: http://purl.umn.edu/94949
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Estimating the Implicit Value of Crop Stubble as a Barrier to Technology Adoption in Morocco AgEcon
Magnan, Nicholas; Larson, Douglas M..
For mixed cereal-livestock farmers, cereal production provides a bundle of goods. Grain is consumed by the household or sold at market, and crop residues are used as livestock feed. The straw component of crop residue can be bought and sold at market and therefore has a well-established local market price. Crop stubble, the portion of the crop residue left on the ground, is generally not traded and therefore has no market price. Some agricultural technologies require farmers to forgo using crop stubble as feed, and cultivation of high value crops entails sacrificing residue production altogether. In this paper we apply a structural econometric model to household data from Morocco to estimate the implicit value of crop stubble. We use a sample splitting...
Tipo: Conference Paper or Presentation Palavras-chave: Mixed cereal-livestock systems; Non-market valuation; Land use; Technology adoption; No-till; International Development; Land Economics/Use; Livestock Production/Industries; O33; Q12; Q24.
Ano: 2010 URL: http://purl.umn.edu/60858
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Testing for value stability with a meta-analysis of choice experiments: River health in Australia AgEcon
Rolfe, John; Brouwer, Roy.
While meta-analysis is typically used to identify value estimates for benefit transfer, applications also provide insights into the potential influence of design, study and methodological factors on results of non-market valuation experiments. In this paper, a metaanalysis of sixteen separate choice modelling studies in Australia with 130 individual value estimates relating to river health are reported. The studies involved different measures and scales of river health, so consistency was generated by transforming implicit prices from each study into a common standard of WTP per kilometer of river in good health. Tobit models have been used to identify the relationships between the dependent variable (WTP/km) and a number of variables. The results...
Tipo: Report Palavras-chave: Non-market valuation; Choice modelling; Meta analysis; River health; Environmental Economics and Policy.
Ano: 2011 URL: http://purl.umn.edu/107744
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Valuing the Non-Market Impacts of Underground Coal Mining AgEcon
Gillespie, Robert; Kragt, Marit Ellen.
This paper has been published in a peer-reviewed journal as: Gillespie, R. & M. E. Kragt (2012). "Accounting for nonmarket impacts in a benefit-cost analysis of underground coal mining in New South Wales, Australia." Journal of Benefit-Cost Analysis 3(2): article 4. DOI: 10.1515/2152-2812.1101
Tipo: Working or Discussion Paper Palavras-chave: Australia; Benefit cost analysis; Coal mining; Choice experiments; Natural resource management; Non-market valuation; Environmental Economics and Policy; Resource /Energy Economics and Policy; D61; Q32; Q38; Q51.
Ano: 2010 URL: http://purl.umn.edu/98239
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Integrating economic values and catchment modelling AgEcon
Kragt, Marit Ellen; Bennett, Jeffrey W..
Integrated catchment policies are widely used to manage natural resources in Australian catchments. Decision support tools available to aid integrated catchment management are often limited in their integration of environmental processes with socio-economic systems. Fully integrated models are required to support assessments of the environmental and economic trade-offs of catchment management changes. A Bayesian Network (BN) model is demonstrated to provide a suitable approach to integrate environmental modelling with economic valuation. The model incorporates hydrological, ecological and economic models for the George catchment in Tasmania. Information about the non-market costs and benefits of environmental changes is elicited using Choice Experiments,...
Tipo: Conference Paper or Presentation Palavras-chave: Integrated catchment modelling; Bayesian networks; Uncertainty; Environmental values; Non-market valuation; Choice Modelling..
Ano: 2009 URL: http://purl.umn.edu/47956
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Scale and scope effects on communities’ values for environmental improvements in the Namoi catchment: A choice modelling approach AgEcon
Mazur, Kasia; Bennett, Jeffrey W..
This report presents results of research designed to investigate variations in willingness to pay (WTP) estimates across different scales and scopes of environmental investments. The goal is to help catchment management authorities better prioritise their natural resource management actions at both catchment and farm levels. Five split samples were used to test for scale and scope effects. A choice-modelling (CM) analysis was used to elicit household WTP for improvements in environmental quality attributes in the Namoi catchment. The approach was developed so that value estimates could be more accurately transferred between different action scopes.
Tipo: Report Palavras-chave: Choice modelling; Scale effect; Scope effect; Embedding; Non-market valuation; Catchment planning; Environment.; Community/Rural/Urban Development; Environmental Economics and Policy; Research Methods/ Statistical Methods.
Ano: 2009 URL: http://purl.umn.edu/94891
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Monte Carlo Benchmarks for Discrete Response Valuation Methods AgEcon
Huang, Ju-Chin; Smith, V. Kerry.
This paper argues that the widespread belief that discrete contingent valuation (CV) questions yield substantially larger estimates of the mean (and the median) willingness to pay (WTP) for nonmarket environmental resources in comparison to estimates from open-ended CV questions is unfounded. A set of Monte Carlo experiments estimate the factors influencing the performance of WTP estimates based on discrete response models. Most of the error in the WTP estimates arises from the specification errors that are common in most of the empirical models used in the literature. These experiments suggest models based on choices where WTP is dominated by non use (or passive use) values are likely to have smaller errors than where large use values influence these...
Tipo: Working or Discussion Paper Palavras-chave: Discrete response contingent valuation; Monte Carlo; Non-market valuation; Financial Economics; C93; D12; Q2.
Ano: 1997 URL: http://purl.umn.edu/10546
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Valuing indigenous biodiversity in the freshwater environment AgEcon
Bell, Brian A.; Yap, Michael; Cudby, Charlotte.
Biosecurity incursion response decisions require timely, high quality information involving science and economics. The value of the impact on indigenous biodiversity is a key aspect of the economics typically involving cost-benefit analysis. The hypothetical incursion of Biosecurity New Zealand’s top priority weed hydrilla (Hydrilla verticillata) in a typical New Zealand lake (Lake Rotoroa otherwise known as Hamilton Lake) elicits dollar values of impacts on indigenous biodiversity in a freshwater environment. Using the stated preference tool, Choice Modelling, the experimental design was maximised for efficiency of Willingness to Pay (WTP) estimation. The survey method of community meetings of four population samples at varying distances to the incursion...
Tipo: Conference Paper or Presentation Palavras-chave: Non-market valuation; Biosecurity; Biodiversity; Community/Rural/Urban Development; Crop Production/Industries; Environmental Economics and Policy; Land Economics/Use.
Ano: 2009 URL: http://purl.umn.edu/97128
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The Effects of a Provision Rule in Choice Modelling AgEcon
Mazur, Kasia; Bennett, Jeffrey W..
This research report investigates the effects of including a provision rule in choice modelling non-market valuation studies. Split samples with and without a provision rule were used to test for differences in household willingness-to-pay for improvements in environmental quality in the Hawkesbury-Nepean catchment. Local/rural and distant/urban sub-samples of residents were selected. The results of the study show that the inclusion of a provision rule had an effect on preferences in the distant/urban communities; however, the impact of a provision rule in the local/rural community sub-samples was negligible.
Tipo: Report Palavras-chave: Choice modelling; Incentive comparability; Provision rule; Non-market valuation; Environment; Environmental Economics and Policy; Research Methods/ Statistical Methods.
Ano: 2010 URL: http://purl.umn.edu/94945
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Valuing Great Lakes Beaches AgEcon
Song, Feng; Lupi, Frank; Kaplowitz, Michael D..
This study aims to estimate the recreational use values of Great Lakes beaches using a two-level nested logit Random Utility Model. The choice set contains all 594 public Great Lakes beaches in Michigan. Beach sites located in the same Great Lakes water body are arranged into a nest. The trip data were obtained from a 2006 online survey using a web-panel of Michigan adults accessed through Survey Sampling International (SSI). The variables that affect the amount of utility derived from a particular site are the travel cost and site quality variables, which include beach length, days of beach advisory, and days of beach closure in 2006. We report the economic loss of permanently losing an individual beach site or a group of beach sites as well as benefits...
Tipo: Conference Paper or Presentation Palavras-chave: Great Lakes; Freshwater beaches; Non-market valuation; Travel costs model; Nested logit; Community/Rural/Urban Development; Q26; Q57.
Ano: 2010 URL: http://purl.umn.edu/61791
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Using choice experiments to value river and estuary health in Tasmania with individual preference heterogeneity AgEcon
Kragt, Marit Ellen; Bennett, Jeffrey W..
Choice experiments (CE – otherwise known as Choice Modelling) have become a widespread approach to environmental valuation in Australia, with many examples assessing the tradeoffs between river catchment management and socio-economic impacts. There is, however, limited information on the values of Australian estuaries. Furthermore, none of the existing valuation studies address catchment management changes in Tasmania. The CE study reported in this paper aims to elicit community preferences for the protection of the rivers and estuary of the George catchment in north-eastern Tasmania. Results from conditional and mixed logit models show that respondents are, on average, willing to pay between $2.47 and $4.46 for a km increase in native riverside vegetation...
Tipo: Conference Paper or Presentation Palavras-chave: River condition; Estuary condition; Environmental values; Non-market valuation; Choice Experiments; Tasmania.
Ano: 2009 URL: http://purl.umn.edu/48058
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Environmental value and valuation over time AgEcon
Scheufele, Gabriela; Bennett, Jeffrey W..
Time and value are related concepts that influence human behaviour. Although classical topics in human thinking throughout the ages, few environmental economic non-market valuation studies have attempted to link the two concepts. Economists have estimated non-market environmental values in monetary terms for over 30 years. This history of valuation provides an opportunity to compare value estimates and how valuation techniques have changed over time. This research aims to compare value estimates of benefits of a protected natural area. In 1978, Nadgee Nature Reserve on the far south coast of New South Wales was the focus of the first application of the contingent valuation method in Australia. This research aims to replicate that study using both the...
Tipo: Report Palavras-chave: Environmental values; Temporal variability; Non-market valuation; Contingent valuation method; Choice experiments; Incentive compatibility; Natural resource management.; Environmental Economics and Policy; Land Economics/Use.
Ano: 2008 URL: http://purl.umn.edu/94805
Registros recuperados: 33
Primeira ... 12 ... Última
 

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