By Patricia A. Champ, Kevin J. Boyle, Thomas C. Brown
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Additional info for A Primer on Nonmarket Valuation (The Economics of Non-Market Goods and Resources)
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.