This book provides a systematic review of those economic approaches for valuing the environment and natural resources that use information on what people do, not what they say. The authors have worked on models of revealed preferences for valuing environmental and natural resources for several...

This paper examines the criticism of contingent valuation put forth by Blamey, Common and Quiggin (Australian Journal of Agricultural and Resource Economics, 1995, vol. 39, pp. 264-288). They argue that households have consistent preferences over private goods but not jointly consistent...

This chapter explores the theory and practice of measuring the economic costs and benefits of environmental changes that influence production, both in the context of firms and of households. The theory uses models of household and firm decision making to map the influence of environmental...