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SINGLE SPECIES VERSUS MULTIPLE SPECIES MODELS: THE ECONOMIC IMPLICATIONS AgEcon
Fleming, Christopher M.; Alexander, Robert R..
Ecologists frequently note the importance of modelling entire ecosystems rather than single species, but most bioeconomic models in the current literature focus on a single species. While the mathematical difficulty of multiple species may quickly become overwhelming, sometimes making the single species option necessary, it is important to recognise the significance of the single species assumption to the model results. In this paper, the authors address the economic significance of this assumption through the development of a multiple species model and demonstrate the importance of interrelationships and economic values to the survival of endangered species.
Tipo: Working or Discussion Paper Palavras-chave: Resource /Energy Economics and Policy.
Ano: 2002 URL: http://purl.umn.edu/23693
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Valuing Ecosystem Diversity in South East Queensland: A Life Satisfaction Approach AgEcon
Ambrey, Christopher L.; Fleming, Christopher M..
The life satisfaction approach has recently emerged as a new technique in the suite of options available to non-market valuation practitioners. This paper examines the influence of ecosystem diversity on the life satisfaction of residents of South East Queensland, Australia. It is found that, on average, a respondent is willing-to-pay approximately AUD$20,000 in household income per annum to obtain a one-unit improvement in ecosystem diversity. This result indicates that the life satisfaction effects of improvements in ecosystem diversity are substantial, and greater than the welfare effects implied by studies using more conventional non-market valuation techniques.
Tipo: Conference Paper or Presentation Palavras-chave: Household; Income and Labour Dynamics in Australia (HILDA); Life Satisfaction; Non-market Valuation; Biodiversity; Ecosystem Diversity; Environmental Economics and Policy.
Ano: 2011 URL: http://purl.umn.edu/115347
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The influence of the natural environment and climate on life satisfaction in Australia AgEcon
Ambrey, Christopher L.; Fleming, Christopher M..
The narrative of the twentieth century is dominated by three key trends: population growth, economic growth and urbanisation. Moreover, these trends are expected to continue well into the twenty-first century. Australia has not been immune to these trends. Australia’s population is projected to increase by 65% to over 35 million by 2049, and be accompanied by an average growth in per-capita Gross Domestic Product of 1.5% per annum. Much of this population and economic growth will be concentrated in an already highly urbanised environment. As a consequence, the natural environment in which the majority of Australians live is likely to undergo rapid change. It is useful therefore, to better understand our relationship with this environment. Using data from...
Tipo: Conference Paper or Presentation Palavras-chave: Resource /Energy Economics and Policy; C21; I31; R10.
Ano: 2011 URL: http://purl.umn.edu/100548
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The recreational value of Lake McKenzie: An application of the travel cost method AgEcon
Fleming, Christopher M.; Cook, Averil.
Lake McKenzie is one of the most highly used and popular visitor destinations of all Fraser Island’'s natural sites, attracting 2,000 visitors a day in peak periods. Many consider this level of visitation to be unsustainable and the management authority is considering a range of management options. In assessing the alternatives it is useful to have some idea of the recreational value of the Lake under the current regime. This paper estimates this value using the travel cost method. Once adjustments for multiple-site visitors are made, the method yields recreational values of the Lake ranging from $13.7 M. to $31.8 M per annum, or from $104.30 to $242.84 per-person per-visit.
Tipo: Conference Paper or Presentation Palavras-chave: Lake McKenzie; Travel cost method; Recreation; Fraser Island; Resource /Energy Economics and Policy.
Ano: 2007 URL: http://purl.umn.edu/10382
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Web surveys, sample bias and the travel cost method AgEcon
Fleming, Christopher M.; Cook, Averil.
Environmental economists have long used surveys to gather information about people's preferences. This is particularly true in the field of non-market valuation, where techniques such as contingent valuation, choice modelling and the travel cost method invariably employ some form of survey instrument. A recent innovation in survey methodology has been the advent of web-based surveys. While popular in many other disciplines, to date, very few non-market valuation studies have employed the Internet as a survey tool. A primary concern of non-market valuation practitioners is the potential sampling biases associated with web-based surveys and the effect this may have on valuation estimates. In this paper the results of two travel cost surveys, one conducted...
Tipo: Conference Paper or Presentation Palavras-chave: Web-surveys; Sample bias; Travel cost method; Research Methods/ Statistical Methods.
Ano: 2007 URL: http://purl.umn.edu/10358
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Public greenspace and life satisfaction in urban Australia AgEcon
Ambrey, Christopher L.; Fleming, Christopher M..
This paper examines the influence of public greenspace on the life satisfaction of residents of Australia’s capital cities. A positive relationship is found between the percentage of public greenspace in a resident’s local area and their self-reported life satisfaction. On average, it is found that a resident has an implicit willingness-to-pay of $1,168 in annual household income for a one per cent (143m2) increase in public greenspace. The relationship between public greenspace and life satisfaction however, is non-linear. Additional results suggest that the value of greenspace increases with population density and that lone parents, the less educated and those living in high rise dwellings benefit to a greater extent from the provision of public...
Tipo: Presentation Palavras-chave: Happiness; Household; Income and Labour Dynamics in Australia (HILDA); Geographic Information Systems (GIS); Greenspace; Life Satisfaction; Non-market Valuation.; Community/Rural/Urban Development; C21; Q51; R20.
Ano: 2012 URL: http://purl.umn.edu/124302
Registros recuperados: 6
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