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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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An interdisciplinary framework of limits and barriers to climate change adaptation in agriculture AgEcon
Kolikow, Steven; Kragt, Marit Ellen; Mugera, Amin W..
This paper has been published in a peer-reviewed conference as: Kragt, M.E., Mugera, A. & Kolikow, S. (2013) An interdisciplinary framework of limits and barriers to agricultural climate change adaptation. In: Piantadosi, J., Anderssen, R.S. & Boland J. (Eds) MODSIM2013, 20th International Congress on Modelling and Simulation. Modelling and Simulation Society of Australia and New Zealand, Adelaide, 1-6 December 2013, pp. 593–599. ISBN: 978-0-9872143-3-1. Session B2: http://www.mssanz.org.au/modsim2013/B2/kragt.pdf
Tipo: Working Paper Palavras-chave: Adaptation; Agriculture; Australia; Broad-acre Farming; Conceptual Modelling; Climate Change; Epistemology; Interdisciplinary Research; Crop Production/Industries; Environmental Economics and Policy; Farm Management; Q12; Q54.
Ano: 2012 URL: http://purl.umn.edu/120467
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Comparing choice models of river health improvement for the Goulburn River AgEcon
Kragt, Marit Ellen; Bennett, Jeffrey W.; Lloyd, Chris; Dumsday, Robert G..
The extent of the benefits of improved river health remain uncertain. Quantifying these benefits is useful in prioritising policy investments. This study uses the Choice Modelling technique to estimate the value that households attach to attributes of improved river health. Data from a choice modelling survey supported by DSE Victoria are employed to elicit household preferences in a case study of the Goulburn River. Results from conditional and nested logit model specifications indicate that respondents hold positive values for higher levels of fish and bird populations and for increasing riverside vegetation. The standard Hausman test for Independence-from-Irrelevant-Alternatives (IIA) assumptions violations is found to give inconsistent results. The...
Tipo: Conference Paper or Presentation Palavras-chave: Cheap talk; Choice modelling; Mekong River Delta; Wetland values; Willingness to pay; Resource /Energy Economics and Policy; Q25.
Ano: 2007 URL: http://purl.umn.edu/10359
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Designing choice experiments to Test for Anchoring and Framing Effects AgEcon
Kragt, Marit Ellen; Bennett, Jeffrey W..
Choice experiments (CE) are increasingly used as a stated preference technique to value changes in non-market goods. Respondents to a CE survey are asked to make repeated choices between alternatives. Each alternative is described by a number of attributes – the attributes levels vary across alternatives and choice sets. A monetary attribute is typically included so that marginal values for changes in the non-market attributes presented can be estimated. The monetary attribute has central importance. However, there has been limited research on the impacts on respondents’ choices of changing the (range in) levels of the monetary attribute presented in CE surveys. This is known as the ‘anchoring’ effect. The ‘framing’ of non-market attributes may also...
Tipo: Report Palavras-chave: Choice experiments; Valuation; Anchoring effect; Starting point bias; Environmental Economics and Policy; Research Methods/ Statistical Methods.
Ano: 2008 URL: http://purl.umn.edu/94810
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Determining the cost-effectiveness of Phytophthora cinnamomi management in the Fitzgerald River National Park AgEcon
Davis, Katrina J.; Pannell, David J.; Kragt, Marit Ellen.
The Fitzgerald River National Park is one of the world’s 25 biological hotspots, containing many endemic flora and fauna species. Its unique biodiversity is being threatened by the introduced root pathogen, Phytophthora cinnamomi. We evaluate the cost-effectiveness of strategies to manage Phytophthora cinnamomi in the park, using the Investment Framework for Environmental Resources (INFFER). Management strategies based on current and higher investment levels are shown to have high Benefit Cost Indices. These results support the use of public conservation funds to address the threat of Phytophthora cinnamomi, and show the need for improved understanding of the impact and the adoption of strategies.
Tipo: Presentation Palavras-chave: Cost-effectiveness; Economic investment framework; Phytophthora cinnamomi; Resource /Energy Economics and Policy.
Ano: 2012 URL: http://purl.umn.edu/124288
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Developing a Questionnaire for Valuing Changes in Natural Resource Management in the George Catchment, Tasmania AgEcon
Kragt, Marit Ellen; Bennett, Jeffrey W..
review, expert interviews, biophysical modelling and focus group discussions were used to design a Choice Modelling (CM) questionnaire. This questionnaire was used to value changes in natural resource management in the George catchment, Tasmania. This report describes the questionnaire development, the selection of George catchment attributes and the assessment of attribute levels. The (experimental) design and delivery of the questionnaire are also presented.
Tipo: Report Palavras-chave: Choice experiments; Valuation; Survey development; Tasmania; Catchment management; Environmental Economics and Policy; Land Economics/Use.
Ano: 2008 URL: http://purl.umn.edu/94807
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Easy winnings? The economics of carbon sequestration in agricultural soils AgEcon
Kragt, Marit Ellen; Pannell, David J.; Robertson, Michael J..
Paper removed temporarily by authors 11/28/11.
Tipo: Conference Paper or Presentation Palavras-chave: Agriculture; Bio-economic modelling; Greenhouse gases; Soil carbon; Agribusiness.
Ano: 2011 URL: http://purl.umn.edu/100575
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Easy winnings? The economics of carbon sequestration in agricultural soils AgEcon
Kragt, Marit Ellen; Pannell, David J.; Robertson, Michael J.; Thamo, Tas.
This paper has been published in a peer-reviewed journal as: Kragt, M.E., Pannell, D.J., Robertson, M.J. & Thamo, T. (2012) Assessing costs of soil carbon sequestration by crop-livestock farmers in Western Australia, Agricultural Systems, 112: 27-37. DOI: 10.1016/j.agsy.2012.06.005
Tipo: Working or Discussion Paper Palavras-chave: APSIM; Bioeconomic Modelling; Carbon Farming; Climate Change Mitigation; MIDAS; Soil Carbon Sequestration; Agricultural and Food Policy; Crop Production/Industries; Environmental Economics and Policy; Farm Management.
Ano: 2011 URL: http://purl.umn.edu/109247
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Effects of Great Barrier Reef Degradation on Recreational Demand: A Contingent Behaviour Approach AgEcon
Kragt, Marit Ellen; Roebeling, Peter C.; Ruijs, Arjan.
Agricultural run-off from the Great Barrier Reef catchment area may cause degradation of coral reefs, affecting the tourism sector that relies on healthy reefs for its income generation. A Contingent Behaviour approach is used to determine the effect of reef degradation on demand for recreational dive and snorkel trips, for a case study of the Great Barrier Reef (GBR) in Australia. We assessed how reef degradation affects GBR tourism and to what extent reef-trip demand depends on the visitors' socio-economic characteristics. A count data model is developed, and results indicate that an average visitor would undertake about 60% less trips to the GBR per year, given a combined 80%, 30% and 70% decrease in coral cover, coral diversity and fish diversity,...
Tipo: Conference Paper or Presentation Palavras-chave: Coral reef; Recreation; Contingent Behaviour model; Count data models; Resource /Energy Economics and Policy; Q26; Q51; Q57.
Ano: 2006 URL: http://purl.umn.edu/25753
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Effects of Great Barrier Reef Degradation on Recreational Demand: A Contingent Behaviour Approach AgEcon
Kragt, Marit Ellen; Roebeling, Peter C.; Ruijs, Arjan.
Degradation of coral reefs may affect the number of tourists visiting the reef and, consequently, the economic sectors that rely on healthy reefs for their income generation. A Contingent Behaviour approach is used to estimate the effect of reef degradation on demand for recreational dive and snorkel trips, for a case study of the Great Barrier Reef (GBR) in Australia. We assessed how reef degradation affects GBR tourism and to what extent reef-trip demand depends on the visitors’ socio-economic characteristics. A count data model is developed, and results indicate that an average visitor would undertake about 60% less reef trips per year given a combined 80%, 30% and 70% decrease in coral cover, coral diversity and fish diversity, respectively. This...
Tipo: Working or Discussion Paper Palavras-chave: Environmental Economics and Policy.
Ano: 2006 URL: http://purl.umn.edu/12228
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How integrative modelling can break down disciplinary silos AgEcon
Kragt, Marit Ellen; Robson, Barbara J.; Macleod, Christopher J.A..
This paper has been published in a peer-reviewed journal as: Kragt, M.E., Robson, B.J. & Macleod, C.J.A. (2013) Modellers’ roles in structuring integrative research projects. Environmental Modelling & Software, 39(1): 322-330. DOI: 10.1016/j.envsoft.2012.06.015
Tipo: Working or Discussion Paper Palavras-chave: Environmental modelling; Interdisciplinary research; Transdisciplinarity; Integration; Research Methods/ Statistical Methods; Q57; Y80; Z19.
Ano: 2011 URL: http://purl.umn.edu/108768
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Integrated Hydro-Economic Modelling: Challenges and Experiences in an Australian Catchment AgEcon
Kragt, Marit Ellen; Bennett, Jeffrey W..
Integrated catchment policies are widely used to manage natural resources in Australian catchments. Integration of environmental processes with socio-economic systems is often difficult due to the limitations of decision support tools. To support assessments of the environmental and economic trade-offs of changes in catchment management, fully integrated models are needed. This research demonstrates a Bayesian Network (BN) approach to integrating environmental modelling with economic valuation. The model incorporates hydrological, ecological and economic models for the George catchment in Tasmania. Choice experiments were used to elicit information about the non-market costs and benefits of environmental changes. This allows the efficiency of alternative...
Tipo: Report Palavras-chave: Hydro-economic modelling; Integrated catchment modelling; Ecological modelling; Valuation; Bayesian networks; Water quality; Community/Rural/Urban Development; Environmental Economics and Policy; Land Economics/Use.
Ano: 2009 URL: http://purl.umn.edu/94815
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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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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/48057
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Investigating the Effects of Attribute Level Framing and Changing Cost Levels in Choice Experiments AgEcon
Kragt, Marit Ellen; Bennett, Jeffrey W..
Choice experiments (CE) are increasingly used to estimate the values of non-market goods and services. A cost attribute is typically included in a CE questionnaire to estimate monetary values for changes in the non-market attributes presented. Although the cost attribute is centrally important, there has been limited research into the impacts of varying cost attribute levels on respondents’ choices in CE surveys. The context in which non-market attributes are presented to respondents (the ‘attribute frame’) may also affect value estimates. The challenge for CE practitioners is to identify the ‘appropriate’ attribute frames and cost level range. Results from a CE study in Tasmania show that respondents’ preferences are not impacted by describing an...
Tipo: Report Palavras-chave: Choice experiments; Mixed Logit models; Environmental valuation; Attribute framing; Cost bias; Environmental Economics and Policy; Research Methods/ Statistical Methods.
Ano: 2009 URL: http://purl.umn.edu/94817
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The Impacts of Attribute Level Framing and Changing Cost Levels on Choice Experiments Value Estimates AgEcon
Kragt, Marit Ellen; Bennett, Jeffrey W..
Choice Experiments (CE) are increasingly used to estimate the values of environmental goods and services. CE questionnaires represent the environmental good under valuation by varying levels of non-market attributes. Inclusion of a cost attribute enables the estimation of monetary values for changes in the non-market attributes presented. The ways in which the levels of the attributes are described in the survey - the ‘attribute frame’ - may affect respondents’ choices. Furthermore, varying levels of the cost attribute may impact CE value estimates. The challenge for CE practitioners is to identify the ‘appropriate’ attribute frames and cost levels. In this paper, the impacts of changing cost levels and the impacts of describing non-market attributes as...
Tipo: Conference Paper or Presentation Palavras-chave: Choice Experiments; Environmental Valuation; Bias; Tasmania; Environmental Economics and Policy.
Ano: 2010 URL: http://purl.umn.edu/59091
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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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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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Valuing Ecosystem Services to Agricultural Production to Inform Policy Design: An Introduction AgEcon
Aisbett, Emma; Kragt, Marit Ellen.
There is an ongoing policy debate regarding both how much government intervention there should be to protect ecosystems affected by agriculture, and how the costs of these interventions should be distributed across different interest groups. In accordance with the policy focus in most countries, the majority of the valuation literature on ecosystem services and agriculture estimates the benefits that managed agricultural landscapes can provide to the rest of society. We argue, however, that the efficiency and equity of policies for ecosystem services related to agriculture can be further enhanced by understanding the value and sources of ecosystem services that agricultural production receives. With this in mind, we survey studies and techniques for...
Tipo: Report Palavras-chave: Agricultural and Food Policy; Environmental Economics and Policy.
Ano: 2010 URL: http://purl.umn.edu/96385
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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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