Book Description
A Primer on Nonmarket Valuation is unique in its clear descriptions of the most commonly used nonmarket valuation techniques and their implementation. Individuals working for government agencies, attorneys involved with natural resource damage assessments, graduate students, and others will appreciate the non-technical and practical tone of this book.
The first section of the book provides the context and theoretical foundation of nonmarket valuation, along with practical data issues.
The middle two sections of the
Primer describe the major stated and revealed nonmarket valuation techniques. For each technique, the steps involved in implementation are laid out and described. Both practitioners of nonmarket valuation and those who are new to the field will come away from these methods chapters with a thorough understanding of how to design, implement, and analyze a nonmarket valuation study.
The concluding section takes stock of the usefulness of nonmarket valuation, highlighting chapters on benefit transfer, the role of nonmarket valuation in real decisions about natural resources, and where nonmarket valuation is headed in the future.
As a companion to
A Primer on Nonmarket Valuation, a website has been developed, http://www.fs.fed.us/nonmarketprimerdata/. This website includes downloadable datasets for each of the techniques described in the
Primer, as well as links to published journal articles and reports based on the data. The website also provides an opportunity for students to estimate models using the data.
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Valuing Environmental Amenities Using Stated Choice Studies (The Economics of Non-Market Goods and Resources)
Manufacturer: Springer
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Binding: Hardcover
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Bayesian Econometric Methods (Econometric Exercises)
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Bayesian Econometrics
ASIN: 1402040644 |
Product Description
This book provides practical, research-based advice on how to conduct high-quality stated choice studies. It covers every aspect of the topic, from planning and writing the survey, to analyzing results, to evaluating quality. Chapters by highly-regarded academics and professionals are provided on rarely-discussed topics such as supporting questions and experimental design, as well as state-of-the-art multinomial choice modelling, attribute processing, the role of information, and lessons learned from the field of experimental economics. There is no other book on the market today that so thoroughly addresses the methodology of stated choice. Academics and practitioners in fields such as environmental, health and transportation economics, and marketing, will need this book on their shelves and they will refer to it often.
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Evaluating Mineral Projects: Applications and Misconceptions
Thomas F. Torries
Manufacturer: Society for Mining Metallurgy & Exploration
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Binding: Paperback
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Mining Economics and Strategy
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Management of Mineral Resources: Creating Value in the Mining Business
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Introductory Mining Engineering
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Dictionary of Mining, Mineral, and Related Terms
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Valuing Mining Companies
ASIN: 0873351592 |
Book Description
Whether you're an experienced evaluator of mineral projects, a student, or a decision maker who is not a practitioner but must use evaluation results, this new book is an essential reference for your bookshelf. Designed to complement traditional engineering texts, this book emphasizes the concepts of mineral project evaluation rather than computational details. It describes various economic evaluation techniques typically employed (including conventional cost analysis, discounted cash flow, and option analysis), their uses, and their relationships with geological, technological, and financial evaluations. Also discussed are the strengths and weaknesses of commonly practiced evaluation methods.
This book explains the practical difficulties in conducting an analysis and correctly interpreting the results, as well as the use of alternative techniques. Because many existing texts do not adequately discuss the meanings and application of merit measures, such as net present value (NPV) or internal rate of return (IRR), this book represents an exciting departure from standard reference tools. Contents include: why NPV and IRR are both valid and useful merit measures the shortcomings of conventional NPV and IRR analysis the dangers of scenario analysis why conventional incremental analysis is not needed to correctly calculate IRR why the desire to achieve NPV-consistent IRR is misleading how competitive cost analysis is conducted and used why option pricing is an important addition to the evaluation process.
When used correctly, evaluation methods are powerful tools to help us understand the economics of investment projects. Don't miss out on this new source. Contains glossary and full index.
Book Description
Environmental and Resource Valuation with Revealed Preferences: A Theoretical Guide to Empirical Models 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 decades and authored some of the seminal papers in the field. The book is a natural outcome of their conceptual contributions and their many years of experience in empirical policy research, natural resource damage litigation and teaching on the topic.
The chief purpose of Environmental and Resource Valuation with Revealed Preferences is to collect in one place current thought on the various revealed preference approaches to environmental valuation and to subject these approaches to consistent theoretical critique.
Book Description
Non-market valuation has become a broadly accepted and widely practiced means of measuring the economic values of the environment and natural resources. In this book, now available in paperback, the authors provide a guide to the statistical and econometric practices that economists employ in estimating non-market values.
The authors develop the econometric models that underlie the basic methods: contingent valuation, travel cost models, random utility models and hedonic models. They analyze the measurement of non-market values as a procedure with two steps: the estimation of parameters of demand and preference functions and the calculation of benefits from the estimated models. Each of the models is carefully developed from the preference function to the behavioral or response function that researchers observe. The models are then illustrated with data sets that characterize the kinds of data researchers typically deal with.
The real world data and clarity of writing in this book will appeal to environmental economists, students, researchers and practitioners in multilateral banks and government agencies.
Book Description
Just as individuals have preferences regarding the various goods and services they purchase every day, so they also hold preferences regrding public goods such as hose provided by the naural environment. However, unlike provate goods, environmental goods often cannot be valued by direct reference o any market price. Thsi amkes economic analysis of the costs and benefits of environmental change problematic. Over the past few decades a number of methods have developed to address this problem by attempting to value environmental preferences. Principal among hese has been the contingent valuation (CV) method which uses surveys to ask individuals how much they would be willing to pay or willing to accept in compensation for gains and losses of environmental goods. The period from the mid-1980s to the present day has seen a m,assive expansion in use of the CV method. From its originalroots int eh USA, through Europe and the developed world, the method has now reached worldwide application with a substantial proportion of current studies being undertaken in developing countries where environmental services are often the dominating determinant of everyday living standards. The method has simultaneously moved from the realm of pure academic speculation into the sphere of instiutional decision analysis. However, the past decade also witness a developing critique of the CV method with a number of commentators questioning the underlying validity of its dervied valuations. This volume, therefore, reflects a time of heated debate, as wellas from commentators who see it as an interesting experimental tool regardless of the question of absolute validity of estimates. The book embraces the theoritical, methodologicl, empirical, and institutional aspects of the current debate. It covers US, European , and developing country applications, and the institutional frameworks within which CV studies are applied.
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Economic Valuation With Stated Preference Techniques (In Association With the UK Department for Transport)
Ian J. Bateman ,
Richard T. Carson ,
Brett Day ,
Michael Hanemann ,
Nick Hanley ,
Tannis Hett ,
Michael Jones-Lee ,
Graham Loomes ,
Susana Mourato ,
Ece Ozdemiroglu ,
David W. Pearce ,
Robert Sugden , and
John Swanson
Manufacturer: Edward Elgar Pub
ProductGroup: Book
Binding: Paperback
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Using Surveys to Value Public Goods: The Contingent Valuation Method (RFF Press)
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Valuing Environmental Preferences: Theory and Practice of the Contingent Valuation Method in the US, EU, and Developing Countries
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The Measurements of Environmental and Resource Values: Theory and Methods (RFF Press)
ASIN: 1843768526 |
Book Description
This manual, now available in paperback, offers a detailed, up-to-date explanation of how to carry out economic valuation using stated preference techniques. It is relevant for the application of these techniques to all non-market goods and services including: air and water quality; provision of public open space; health care that is not sold through private markets; risk reduction policies and investments not provided privately; provision of information as with the recorded heritage, the protection of cultural assets and so on. The resulting valuations can be used for a number of purposes including, but not limited to: demonstrating the importance of a good or service; cost-benefit analysis; setting priorities for environmental policy; design of economic instruments; green national/corporate accounting; and natural resource damage assessment.
Compiled by the leading experts in the field, this manual starts by explaining the concepts. It shows how to choose the most appropriate technique and how to design the questionnaires. Detailed advice on econometric analysis is provided, as well as explanation of the pitfalls that need to be avoided.
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A complete guido to Contingent Valuation Method.......2000-05-10
It have everything you need to learn about contingent valuation, an sophisticated and controversial method to value public goods.
Book Description
The Environmentalism of the Poor has the explicit intention of helping to establish two emerging fields of study - political ecology and ecological economics - and also investigating the relations between them.
The author analyzes several manifestations of the growing `environmental justice movement', and also of `popular environmentalism' and the `environmentalism of the poor', which will be seen in the coming decades as driving forces in the process to achieve an ecologically sustainable society. He studies, in detail, many ecological distribution conflicts in history and at present, in urban and rural settings, showing how poor people often favor resource conservation. The environment is thus not so much a luxury of the rich as a necessity of the poor. The book concludes with the fundamental questions: who has the right to impose a language of valuation and who has the power to simplify complexity?
Joan Martinez-Alier combines the study of ecological conflicts and the study of environmental valuation in a totally original approach that will appeal to a wide cross-section of academics, ecologists and environmentalists.
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Economic Valuation of the Environment: Methods and Case Studies
Guy Garrod , and
K. G. Willis
Manufacturer: Edward Elgar Publishing
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Binding: Paperback
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- A Walk in the Woods: Rediscovering America on the Appalachian Trail (Official Guides to the Appalachian Trail)
- Air Pollution Control (3rd Edition)
- Air Quality
- Always Another Mountain: A Woman Hiking the Appalachian Trail from Springer Mountain to Mount Katahdin
- Animal Passions and Beastly Virtues: Reflections on Redecorating Nature (Animals Culture And Society)
- Arctic Wings: Birds of the Arctic National Wildlife Refuge
- At the Hand of Man: Peril and Hope for Africa's Wildlife
- Build Your Own Electric Vehicle
- Catastrophe: An Investigation into the Origins of Modern Civilization
- Colleges That Change Lives: 40 Schools That Will Change the Way You Think About Colleges
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