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One way of assessing the validity of results generated through the application of the Contingent Valuation Method (CVM) is through the analysis of response sensitivity to factors expected to have an influence. Scope testing involves presenting at least two alternative impact scenarios to...
Persistent link: https://www.econbiz.de/10009398715
In the Desert Uplands region of Central Queensland, many pastoralists are clearing vegetation in order to improve cattle grazing production. A choice modelling study was undertaken to provide estimates of the benefits of retaining remnant vegetation that are appropriate for inclusion in a cost...
Persistent link: https://www.econbiz.de/10009398742
Three criticisms of the contingent valuation method (CVM) are considered in this article. One technique that would appear to answer such criticisms is choice modelling (CM). CM permits value estimates for different goods sharing a common set of attributes to be pieced together using the results...
Persistent link: https://www.econbiz.de/10009398664
It is likely that climate change will be associated with reductions in inflows of water to the Murray–Darling Basin. In this study, we analyse the effects of climate change in the Murray–Darling Basin using a simulation model that incorporates a state-contingent representation of...
Persistent link: https://www.econbiz.de/10010910134
It is likely that climate change will be associated with reductions in inflows of water to the Murray-Darling Basin. In this study, we analyse the effects of climate change in the Murray-Darling Basin using a simulation model that incorporates a state-contingent representation of uncertainty....
Persistent link: https://www.econbiz.de/10005023844
The supply of water for irrigation is subject to climatic and policy uncertainty. The object of the present paper is to show how the linear and non-linear programming models commonly used in modelling problems such as those arising in the Murray-Darling Basin may be adapted to incorporate a...
Persistent link: https://www.econbiz.de/10005203128
Persistent link: https://www.econbiz.de/10009398512
A modelling framework is developed to determine the joint economic and environmental net benefits of alternative land allocation strategies. Estimates of community preferences for preservation of natural land, derived from a choice modelling study, are used as input to a model of agricultural...
Persistent link: https://www.econbiz.de/10009398648
The supply of water for irrigation is subject to climatic and policy uncertainty. The object of the present paper is to show how the linear and non-linear programming models commonly used in modelling problems such as those arising in the Murray–Darling Basin may be adapted to incorporate a...
Persistent link: https://www.econbiz.de/10009398683
Persistent link: https://www.econbiz.de/10009398814