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Registros recuperados: 71
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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), also known as choice modelling (CM), are now used widely in environmental valuation in Australia. Many examples assess the trade-offs between river catchment management and socio-economic impacts. There is, however, limited information about the values of Australian estuaries and none of the existing valuation studies addresses catchment management changes in Tasmania. The CE study described in this report aims to elicit community preferences for protecting 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 one kilometre increase in native riverside vegetation, and between...
Tipo: Report Palavras-chave: Choice experiments; Preference heterogeneity; Mixed Logit models; River health; Estuary health; Tasmania; Environmental valuation; Environmental Economics and Policy; Land Economics/Use; Research Methods/ Statistical Methods.
Ano: 2009 URL: http://purl.umn.edu/94816
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Stated values and reminders of substitute goods: Testing for framing effects with choice modelling AgEcon
Rolfe, John; Bennett, Jeffrey W.; Louviere, Jordan.
Choice modelling, a non‐market valuation technique, is used to explore framing issues in the context of environmental valuations. Choice modelling appears to have promise in simultaneously valuing a pool of substitute amenities and goods. Describing choices according to component attributes can also help to frame choices according to a number of trade‐offs. The statistical information available helps to determine where framing effects have occurred. Three choice modelling experiments were reviewed to show that framing effects may be more widespread in non‐market valuation studies than is commonly thought.
Tipo: Journal Article Palavras-chave: Resource /Energy Economics and Policy.
Ano: 1997 URL: http://purl.umn.edu/118067
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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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WTP and WTA in relation to irrigation development in the Fitzroy Basin, Queensland AgEcon
Rolfe, John; Bennett, Jeffrey W..
Estimates of the compensating surplus generated by changes in non-marketed environmental amenities can be estimated using stated preference valuation techniques. These are typically framed in terms of WTP tradeoffs, even if the situation of interest involves a property right vestment that calls for a WTA question. The differences created by the two questioning formats are explored in this paper using the results of two choice modelling applications. Both applications were framed on the potential for irrigation development and environmental losses in the Fitzroy River Basin, Central Queensland. The scenarios used in the applications differed only in that they used alternatively WTP and WTA questioning formats. The results indicate that robust models could...
Tipo: Conference Paper or Presentation Palavras-chave: Choice modelling; Compensating surplus; WTP; WTA; Research Methods/ Statistical Methods.
Ano: 2003 URL: http://purl.umn.edu/58204
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A cognitive psychological approach of analyzing preference uncertainty in contingent valuation AgEcon
Akter, Sonia; Bennett, Jeffrey W..
The sources of preference uncertainty in contingent valuation (CV) studies have rarely been investigated from a theoretical standpoint. This paper proposes a holistic theoretical framework of preference uncertainty that combines microeconomic theory with the theories of cognitive psychology. Empirical testing of the proposed theoretical model was carried out in Australia in the context of a national ‘Carbon Pollution Reduction Scheme (CPRS)’ to be introduced in 2010. Two separate ordered probit models for a certainty score associated with CV ‘Yes’ and ‘No’ responses were estimated. The results of the estimated regression models provide evidence supporting the hypotheses drawn from the theoretical model.
Tipo: Conference Paper or Presentation Palavras-chave: Contingent valuation; Preference uncertainty; Cognitive uncertainty; Climate change; Australia.
Ano: 2009 URL: http://purl.umn.edu/47938
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Towards the development of a transferable set of value estimates for environmental attributes AgEcon
van Bueren, Martin; Bennett, Jeffrey W..
Estimates of environmental values are frequently required as inputs to cost‐benefit analyses when evaluating alternative options for managing natural resources. One strategy to avoid the high cost of conducting empirical work when non‐market values are involved is to use value estimates from an existing source study and to transfer them to the target context of interest (a practice known as benefit transfer). However, the transfer of values is subject to a host of potential errors and could lead to significant overestimation or underestimation of welfare change. The present paper reports the results of a choice modelling study in which household values for the impacts of land and water degradation in Australia are estimated. A key objective of the present...
Tipo: Journal Article Palavras-chave: Environmental Economics and Policy.
Ano: 2004 URL: http://purl.umn.edu/117859
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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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Book Reviews AgEcon
Bennett, Jeffrey W.; Harris, Michael; Williams, Dick; Cacho, Oscar J.; Poole, Nigel D.; Pluske, Johanna M.; Lindner, Robert K..
Tipo: Journal Article Palavras-chave: Teaching/Communication/Extension/Profession.
Ano: 2002 URL: http://purl.umn.edu/118103
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USING DIRECT QUESTIONING TO VALUE THE EXISTENCE BENEFITS OF PRESERVED NATURAL AREAS AgEcon
Bennett, Jeffrey W..
A major limitation to the effectiveness of benefit-cost analyses of proposals involving natural ecosystems is the assertion of existence demand. Not only has confusion arisen regarding its exact definition but little has been done to establish its magnitude. Existence benefits are defined and an empirical study of the value a sample of Canberra residents places on the continued provision of the existence benefits of a particular ecosystem, Nadgee Nature Reserve, is outlined. It is concluded that while the measurement technique employed, the direct questioning of respondents, may be subject to a problem of response bias, it is capable of providing a reasonable estimate of these existence benefits. The average existence value per Canberra adult is at least...
Tipo: Journal Article Palavras-chave: Environmental Economics and Policy; Resource /Energy Economics and Policy.
Ano: 1984 URL: http://purl.umn.edu/22438
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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
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Testing construct validity of verbal versus numerical measures of preference uncertainty in contingent valuation AgEcon
Akter, Sonia; Bennett, Jeffrey W..
The numerical certainty scale (NCS) and polychotomous choice (PC) methods are two widely used techniques for measuring preference uncertainty in contingent valuation (CV) studies. The NCS follows a numerical scale and the PC is based on a verbal scale. This report presents results of two experiments that use these preference uncertainty measurement techniques. The first experiment was designed to compare and contrast the uncertainty scores obtained from the NCS and the PC method. The second experiment was conducted to test a preference uncertainty measurement scale that combines verbal expressions with numerical and graphical interpretations: a composite certainty scale (CCS). The construct validity of the certainty scores obtained from these three...
Tipo: Report Palavras-chave: Preference uncertainty; Contingent valuation; Numerical certainty scale; Polychotomous choice method; Composite certainty scale; Climate change; Australia.; Environmental Economics and Policy; Research Methods/ Statistical Methods; Q51; Q54.
Ano: 2010 URL: http://purl.umn.edu/94942
Registros recuperados: 71
Primeira ... 1234 ... Última
 

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