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Choice Modelling is a stated preference technique for valuing non-market goods. It has the potential to provide researchers with a rich data set with which to analyse consumer trade-offs between environmental, monetary and social impacts of resource management policies. However, this strength...
Persistent link: https://www.econbiz.de/10010917821
Estimates of environmental values are frequently required as inputs to cost‐benefit analyses when evaluating alternative options for managing natural resources. One strategy to avoid the high cost of conducting empirical work when non‐market values are involved is to use value estimates from...
Persistent link: https://www.econbiz.de/10009398735
Over the past year or so, the concept of developing markets for environmental services has attracted unprecedented attention in Australia. For example, environmental credit trading is gaining currency as a potential mechanism for managing dryland salinity, biodiversity, and preserving native...
Persistent link: https://www.econbiz.de/10010909030
This paper examines the costs and benefits of producing biomass fuels from mallee eucalypts grown in low rainfall areas of Western Australia. The fuels examined are ethanol and renewable electricity. As a means of examining the competitiveness of these energy sources with conventional fossil...
Persistent link: https://www.econbiz.de/10008519227
The Victorian Environmental Assessment Council, in developing recommendations for the Victorian Government on the future management of public lands forests along he Murray River, and in East Gippsland, commissioned an analysis of environmental protections values. This paper reports the results...
Persistent link: https://www.econbiz.de/10005468656
The Desert Uplands is a biogeographic region in central-western Queensland that lies within the rangelands area of Australia. In the region, many pastoralists are clearing the scrub and woodland vegetation in order to improve production for cattle grazing. Only limited production gains are...
Persistent link: https://www.econbiz.de/10010878613
Persistent link: https://www.econbiz.de/10010882230
Private land managers make decisions regarding the use of their environmental resources in response to information and incentives contained in the price mechanism. However, the price mechanism often fails to reflect adequately the information relating to the public good attributes of...
Persistent link: https://www.econbiz.de/10010908364
Choice modelling (CM) is a developing non-market valuation technique that provides a rich data set to the analyst. In addition to parameter estimates for the influence of attributes, labels and respondent characteristics, models also provide information about, (and are sensitive to), the error...
Persistent link: https://www.econbiz.de/10010908395
Threshold Value Analysis (TVA) may be a useful input into natural resource decision making when non-market values are involved. The decision rule under a TVA is to protect a natural resource if the (non-marketed and unquantified) benefits so arising are deemed to be greater than a threshold...
Persistent link: https://www.econbiz.de/10010908412