Showing 1 - 10 of 12
This study identifies adoption determinants of selected cleaner technologies used in bleached kraft pulp production, with emphasis on incentives for voluntary environmental management. A double-hurdle model consistent with the theory of irreversible investment under uncertainty outperformed a...
Persistent link: https://www.econbiz.de/10004967582
Diverse actions and events, ranging from agricultural development to global climate change, have the potential to affect the dynamics within distinct ecosystems. Resource management decisions require information about how people perceive ecosystem impacts and their willingness to pay to prevent...
Persistent link: https://www.econbiz.de/10005038519
Construct validity is concerned with the consistency of empirical measures with theoretical relationships. This paper reviews and extends the theoretical relationship between averting costs and willingness to pay. Measures of these two theoretical constructs with empirical averting costs savings...
Persistent link: https://www.econbiz.de/10008537482
Using equivalent loss (the monetary loss equivalent to a proposed amenity reduction, EL) and equivalent gain (the gain equivalent to a proposed amenity increase, EG) alongside traditional welfare measures in a contingent valuation study of traffic disamenity, we report an experiment designed to...
Persistent link: https://www.econbiz.de/10008546318
While a dominated choice involves a situation in which one option clearly dominates another on all relevant dimensions, an asymmetrically dominated choice typically arises where at least two options do not dominate each other and one (but not both) of those options does dominate a third option....
Persistent link: https://www.econbiz.de/10005368865
Stated preference studies tell respondents that policies create environmental changes with varying levels of uncertainty. However, respondents may include their own a priori assessments of uncertainty when making choices among policy options. Using a choice experiment eliciting...
Persistent link: https://www.econbiz.de/10011268009
This paper investigates the idea that people are unsure about the value they place on prospective changes in environmental goods. In particular, we focus on a parametric explanation of the determinants of a "value gap," the difference between the most someone is sure they would pay for an...
Persistent link: https://www.econbiz.de/10005583178
Policymakers are increasingly making use of benefits transfer in benefit-cost assessments of environmental policy. An important question is how big the resultant errors are, and how sensitive errors are to how the transfer is conducted. We employ a choice experiment focusing on landscape...
Persistent link: https://www.econbiz.de/10005748294
This paper is concerned with policies for the supply of public, environmental goods from the farm sector. In particular, we characterize the buying of these goods by the public from farmers using the "Provider Gets Principle." This principle is well established in OECD countries, as we...
Persistent link: https://www.econbiz.de/10008531280
Protected areas are employed worldwide as a means of conserving biodiversity. Unfortunately, restricting access to such areas imposes opportunity costs on local people who have traditionally relied on them to obtain resources such as fuelwood and bushmeat. We use contingent valuation to estimate...
Persistent link: https://www.econbiz.de/10010662733