Questionnaire surveys are an established economic research method for eliciting consumers' surplus values. However, the necessarily hypothetical nature of surveys may not promote truthful responses. In 17 empirical tests, actual money donations were elicited and compared to hypothetical...

Changing social objectives and a greater variety of policy instruments require extra detail and fuller specification in analyses of land policies. Consumer's surplus remains an appropriate measure of net social benefit but surplus values must be estimated more carefully. The paper examines the...

Valuation of the gains from protection of biodiversity is difficult because the services that provide the benefits do not normally pass through markets where prices can form. But the services sometimes pass through markets where consumers or producers behave in a market-oriented manner, and so...

The economic impact of weeds on farms in the New England Region of New South Wales is estimated from data from a cross -sectional survey. Weeds can be classed as noxious or declared plants, plants that the farmers perceived as weeds, and trees -- which many farmers also perceived as weeds....

The poplar species, Populus deltoides provides types which are ecologically well suited to the rich alluvial soils of the north coast. This study uses a simple simulation model and linear programming to explore the economics of introducing poplars into farm plans on this soil type. If the price...