We extend the individual dynamic model of lifetime resource allocation to assess the monetary value given to the increase in survival probabilities for every member of a household induced by improved air quality. We interpret this monetary value as VPF (value of a prevented fatality), which can...

Rehabilitating the good ecological status of rivers in urban catchments can represent a wise decision since it can enhance the provision of valuable ecosystem services, such as aesthetic appreciation. The higher prices of houses located closer to rivers are a reflection of the willingness of...

This study provides new evidence on the determinants of environmental <italic>expenditure</italic> and <italic>investment</italic>. In particular, it investigates how environmental expenditure and investment of Swedish industrial firms responded to climate policies, such as the European Union's Emission Trading System (EU ETS)...

In the contingent valuation method, both the goods being valued and the payment vehicles used to value them are mostly hypothetical. However, although numerous studies have examined the impact of experience with the good on the willingness to pay, less attention has been given to experience with...