A Primer on Nonmarket Valuation (The Economics of Non-Market by Patricia A. Champ, Kevin J. Boyle, Thomas C. Brown

By Patricia A. Champ, Kevin J. Boyle, Thomas C. Brown

This is a realistic booklet with transparent descriptions of the main well-known nonmarket equipment. the 1st chapters of the publication give you the context and theoretical starting place of nonmarket valuation in addition to a dialogue of knowledge assortment systems. the center chapters describe the main acknowledged- and revealed-preference valuation tools. for every technique, the stairs concerned about implementation are laid out and punctiliously defined with aiding references from the broadcast literature. the ultimate chapters of the ebook research the relevance of experimentation to financial valuation, the move of present nonmarket values to new settings, and checks of the reliability and validity of nonmarket values.
The booklet is correct to members in lots of professions in any respect occupation degrees. execs in executive companies, lawyers concerned with traditional source harm checks, graduate scholars, and others will enjoy the thorough descriptions of ways to layout, enforce, and examine a nonmarket valuation study. 

Show description

Read or Download A Primer on Nonmarket Valuation (The Economics of Non-Market Goods and Resources) PDF

Best oil & energy books

Social Participation in Water Governance and Management: Critical and Global Perspectives

Social participation in water administration and governance lately turned a fact in lots of economies and societies. but the scale within which energy rules, social fairness and democracy-building are attached with participation were in basic terms tangentially analyzed for the water area. knowing the turning out to be curiosity in social participation contains appreciating the specificity of the modern interval inside of its old and geographic contexts in addition to uncovering better political, monetary and cultural tendencies of modern a long time which body participatory activities.

Structured Mentoring for Sure Success

Sustained luck and regular progress require corporations to increase and keep a middle of tradition, relationships, and significant wisdom and abilities. Capitalizing at the energy of disciplines similar to competency-based education and information administration, established mentoring courses allow organisations to arrive those ambitions and provide their staff possibilities for pro improvement and occupation development that may no longer rather be attainable.

EU Gas Security Architecture: The Role of the Commission’s Entrepreneurship

This examine lines the actions of the ecu fee within the average fuel area from 1990 to 2016, by means of focusing on marketplace liberalisation and infrastructure improvement because the major pillars of the eu fuel safeguard structure. through development on past literature, the Commission's policymaking is analysed alongside its formal and casual powers in numerous power defense environments.

Additional info for A Primer on Nonmarket Valuation (The Economics of Non-Market Goods and Resources)

Sample text

Is there a role for benefit-cost analysis in environmental, health, and safety regulation? Science, 272 (April), 221-222. , Bisin, A. & Schotter, A. (2010). Present-bias, quasi-hyperbolic discounting, and fixed costs. Games and Economic Behavior, 69, 205-223. Bockstael, N. , Freeman, A. M. III, Kopp, R. , Portney, P. R. & Smith, V. K. (2000). On measuring economic values for nature. Environmental Science and Technology, 34, 1384-1389. Brookshire, D. , Eubanks, L. S. & Randall, A. (1983). Estimating option prices and existence values for wildlife resources.

2) for the discussion of specific methods in the chapters that follow. These include both stated preference methods (Chaps. 4 and 5) and revealed preference methods (Chaps. 6 through 9). For each method, both fundamentals and recent advances are discussed. While Chaps. 4 through 9 focus on specific methods, Chaps. 10 and 11 address more broadly the use of experiments as part of a valuation exercise (Chap. 10) and the application of benefit transfer as an alternative to doing an original valuation study (Chap.

2005). Valuing ecosystem services: Toward better environmental decision-making. Washington, DC: National Academies Press. Polasky, S. & Segerson, K. (2009). Integrating ecology and economics in the study of ecosystem services: Some lessons learned. Annual Review of Resource Economics, 1, 409-434. Portney, P. R. (1994). The contingent valuation debate: Why economists should care. Journal of Economic Perspectives, 8 (4), 3-17. Smith, V. K. ) (1984). Environmental policy under Reagan’s executive order: The role of benefit-cost analysis.

Download PDF sample

Rated 4.40 of 5 – based on 28 votes