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Quah, Euston; Tan, Tsiat Siong - 2019

's degree of preference for the environment vis-à-vis other goods and services. This value measure serves to inform the decision …

Persistent link: https://www.econbiz.de/10012110280

Generalized Additive Models for Nonmarket Valuation Via Revealed or Stated Preference Methods

Ferrini, Silvia - 2010

imposing restrictive parametric specifications, which are rarely supported by economic theory. The smoothing parameters, which …

Persistent link: https://www.econbiz.de/10013146758

Economic valuation of forest ecosystem services : methodology and monetary estimates

Chiabai, Aline; Travisi, C. M.; Ding, H.; Markandya, A.; … - 2009

By using ad hoc value transfer protocols, this paper offers a methodological contribution and provides accurate per hectare estimates of the economic value of some selected ecosystem services for all forest biomes in the world, identified following the Millennium Ecosystem Assessment taxonomy...

Persistent link: https://www.econbiz.de/10008809695

Economic Valuation of Forest Ecosystem Services : Methodology and Monetary Estimates

Chiabai, Aline; Travisi, Chiara; Ding, Helen; … - 2009

Persistent link: https://www.econbiz.de/10014208309

Chapter 12 Welfare Theory and Valuation

Bockstael, Nancy E.; Freeman, A. Myrick - In: Handbook of environmental economics : volume 2, Valuing …, (pp. 517-570). 2005

development of the economic theory and techniques for measuring the demands for nonmarketed goods, and in this chapter we attempt … theory and practical empirical models. …

Persistent link: https://www.econbiz.de/10014023927

Limited substitutability, relative price changes and the uplifting of public natural capital values

Drupp, Moritz A.; Turk, Zachary; Groom, Benjamin; … - 2024

While the global economy continues to grow, ecosystem services tend to stagnate or decline. Economic theory has shown … empirical evidence has been sparse to put theory into practice. To estimate the relative price change in ecosystem services that …

Persistent link: https://www.econbiz.de/10014551808

Global evidence on the income elasticity of willingness to pay, relative price changes and public natural capital values

Drupp, Moritz A.; Turk, Zachary; Groom, Benjamin; … - 2024

While the global economy continues to grow, ecosystem services tend to stagnate or decline. Economic theory has shown … been sparse to put theory into practice. To estimate relative price changes in ecosystem services to be used for making …

Persistent link: https://www.econbiz.de/10015125553

On Combining Stated Preferences and Revealed Preferences Approaches to Evaluate Environmental Resources Having a Recreational Use

Paccagnan, Vania - 2007

This work aims at analysing the value of recreational water uses for the Idro Lake (Lombardy, Northern Italy), which has been experiencing dramatic fluctuations in its levels in recent years, due to excessive productive withdrawal that affected recreational uses. It estimates the economic...

Persistent link: https://www.econbiz.de/10014222563

Rationality or Rationalism : The Positive and Normative Flaws of Cost-Benefit Analysis

Volokh, Alexander - 2012

Environmental, health, and safety advocates, say Richard Revesz and Michael Livermore, have been wrongly hostile to cost-benefit analysis because of a false belief that it is biased against regulation. The bias against regulation, while real, has been the artifact of historical accident - the...

Persistent link: https://www.econbiz.de/10013114982

Income inequality and the international transfer of environmental values

Meya, Jasper; Drupp, Moritz A.; Hanley, Nick - 2018 - [Revised version]

environmental goods from a study to a policy site - a practice called value or benefit transfer. Specifically, we apply theory …

Persistent link: https://www.econbiz.de/10011881752