The contingent valuation technique for measuring the economic value of environmental goods and services has become increasingly popular in recent years and has many advantages over other revealed or stated preference methods. It has been criticised, however, for being inconsistent with economic...

This innovative book is a compilation of state-of-the-art choice experiment studies undertaken in several European Union (EU) countries, including Finland, France, Greece, Ireland, Italy, Poland, Spain and the United Kingdom. The case studies presented concern a variety of environmental,...

pt. 1. Static and dynamic estimation of natural resource demand -- pt. 2. Valuation methods -- pt. 3. Estimation under uncertatinty -- pt. 4. Recent advances in econometrics methods applied to natural resource management.