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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
Questions relating to the allocation and management of risk have played a central role in the development of the National Water Initiative, particularly as it has applied to the Murray- Darling Basin. The central issues of efficiency and equity in allocations are best understood by considering...
Persistent link: https://www.econbiz.de/10010880590
Threats to dugong survival include direct mortality from boat strikes, drowning in nets and loss of habitat. Dugong sanctuaries were introduced in 1998 to protect declining dugong numbers by recognising important seagrass habitat areas. Nonpoint source pollutants such as dissolved nutrients,...
Persistent link: https://www.econbiz.de/10010917797
The Murray-Darling Basin comprises over 1 million km2; it lies within four states and one territory; and over 12, 800 GL of irrigation water is used to produce over 40% of the nation's gross value of agricultural production. This production is used by a diverse collection of some-times mutually...
Persistent link: https://www.econbiz.de/10010920123
People are part of a complex natural system and have the ability to actively interfere with their environment. Collective decisions made by governments represent social rules that limit the extent of people's interference with the environment that support them. Environmental decisions made by...
Persistent link: https://www.econbiz.de/10008853492
Environmental offsets have been proposed as a technique for managing the environmental impacts of new developments in regions that are not in compliance with environmental standards. By requiring developers to 'offset' any impacts by purchasing 'environmental credits', environmental quality can...
Persistent link: https://www.econbiz.de/10005338426
For climate scientists, climate change is a problem that has a significant chance of having catastrophic environmental, social and economic consequences during the course of this century. In contrast, public opinion seems to regard with scepticism the pronouncements on climate change that...
Persistent link: https://www.econbiz.de/10008853498
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
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/10010910995