In a stated preference valuation survey, the expected benefits of environmental policies are generally presented to respondents without reference to the fact that the predicted outcomes are rarely known with certainty. This omission may reduce the credibility of the valuation scenario and...

The aim of this study was to estimate the values to protect the health of the Great Barrier Reef (GBR) at the national level and to examine the effects of distance decay on valuation estimates. Two choice-modelling experiments were conducted in six locations: a regional town within the GBR...

type="main" xml:id="ajar12025-abs-0001" <p>The mining boom in Australia since 2003 has produced significant economic benefits for regional, State and National economies, creating new job opportunities and revenue flows. Despite the contribution of the resources sector to economic growth, questions...</p>

Policy makers are often interested in transferring non-market estimates of environmental values from a 'source' study to predict economic values at a 'target' site. While most applications of the benefit transfer process involve an opportunistic search for suitable source studies, there are some...

There is increasing interest in the use of market-based instruments such as tenders and trading systems to address water quality issues. While the focus is typically on the improvements in resource allocation that are generated, these instruments also play an important role in addressing issues...

Auctions, or competitive tenders, can overcome information asymmetries to efficiently allocate limited funding for ecosystem services. Most auctions focus on ecosystem services on individual properties to maximise the total amount provided. However, for many services it is not just the total...