Welfare change estimates obtained from discrete-response contingent valuation experiments normally assume a particular distribution of willingness-to-pay (W TP).U sing conventional microeconomic theory, we derive upper and lower bounds on such estimates. These bounds are interpreted...

Forests in northern Sweden are used for both timber production and reindeer grazing. Negative externalities and open access effects threaten the ability of the region to sustain economic benefits from these uses. Adiscrete time simulation for three municipalities in northern Sweden suggests that...

Resource accounting involves complementing conventional national accounts with changes in environmental and natural resource capital valued in monetary terms. By adopting the Ramsey device of "Bliss", we derive a theoretically consistent environmentally adjusted NDP (Net Domestic Product)...

This paper focuses on problems associated with nonresponse in Contingent Valuation surveys. The results from a telephone follow-up survey show that value inference can be considerably improved by information on nonrespondents' attitudes. Copyright Kluwer Academic Publishers 1996

This paper develops an analytical framework to simulate management- and policy-driven environmental changes in Swedish mountain environments. The framework is based on a dynamic model that includes economic connections between timber and reindeer. Economic benefits are obtained in the timber...

In resource accounting, shadow prices of natural resources and environmental effects should be used as the social marginal value of goods. Since it is difficult to measure shadow prices in practice, market prices are often used as proxies for shadow prices. A prerequisite for the use of these...

In Sweden there is a strong tradition of using nature areas for outdoor recreation. This paper reports on a study which explored preferences and willingness to pay for outdoor recreation close to home (≤100 km away from home and ≤24 hours stay at a recreation site) using the contingent...