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The Measurement Of Environmental And Resource Values

Author: A. Myrick Freeman
Publisher: Resources for the Future
ISBN: 9781891853623
Size: 10.15 MB
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The premise of this award-winning book is that estimates of the economic values of environmental and natural resource services are essential tools for effective policymaking. Freeman presents a comprehensive, rigorous treatment of benefit measurement, providing an introduction to the principal methods and techniques of resource and environmental valuation for professional economists and graduate students who are not directly engaged in the field. Features of the new edition include a reworking of the chapter on stated preference methods of valuation and new sections on topics in the valuation of effects on human health, the valuation of ecosystem functions and services, and benefits transfer. It targets several of the important advances since 1993 and integrates them within the basic framework of the first edition. Rick Freeman maintains the accessibility of the first edition while enhancing its relevance to current practice. Scholars and policymakers will welcome the work as an up-to-date reference on recent developments. Students and general readers will gain a better understanding of the contribution that economics as a discipline can make to decisions about pollution control and human health, the recreational use of rivers and forests, urban amenities, and other critical issues concerning the way we use and interact with environmental and natural resource systems.

The Measurement Of Environmental And Resource Values

Author: A. Myrick Freeman, III
Publisher: RFF Press
ISBN: 9780415501583
Size: 33.43 MB
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The first edition of this important work was the winner of the 2002 Publication of Enduring Quality award by the Association of Environmental and Resource Economists. The continuing premise for the book is that estimates of the economic values of environmental and natural resource services are essential for effective policy-making. As previous editions, the third edition, which includes two additional co-authors, presents a comprehensive treatment of the theory and methods involved in estimating environmental benefits. Researchers, policy-makers, and practitioners will welcome the work as an up-to-date reference on recent developments. Students will gain a better understanding of the contribution that economics as a discipline can make to decisions concerning pollution control and human health, recreation, environmental amenities, and other critical issues concerning the way we use and interact with environmental and natural resource systems. To reflect recent progress in both the theory and practice of non-market valuation, the third edition includes more details on empirical approaches to measurement, expanded discussion of the reasons for divergence between "willingness to pay" and "willingness to accept compensation," and increased coverage of econometric issues encountered in estimation. In keeping with its cutting edge orientation, it also includes more discussion of survey design, equilibrium sorting models, and the implications of behavioral economics for welfare measurements and benefit cost analysis.

A Primer On Nonmarket Valuation

Author: Patricia A. Champ
Publisher: Springer
ISBN: 9400771045
Size: 38.66 MB
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This is a practical book with clear descriptions of the most commonly used nonmarket methods. The first chapters of the book provide the context and theoretical foundation of nonmarket valuation along with a discussion of data collection procedures. The middle chapters describe the major stated- and revealed-preference valuation methods. For each method, the steps involved in implementation are laid out and carefully explained with supporting references from the published literature. The final chapters of the book examine the relevance of experimentation to economic valuation, the transfer of existing nonmarket values to new settings, and assessments of the reliability and validity of nonmarket values. The book is relevant to individuals in many professions at all career levels. Professionals in government agencies, attorneys involved with natural resource damage assessments, graduate students, and others will appreciate the thorough descriptions of how to design, implement, and analyze a nonmarket valuation study.

Benefit Transfer Of Environmental And Resource Values

Author: Robert J Johnston
Publisher: Springer
ISBN: 940179930X
Size: 80.40 MB
Format: PDF
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This book provides a comprehensive review of environmental benefit transfer methods, issues and challenges, covering topics relevant to researchers and practitioners. Early chapters provide accessible introductory materials suitable for non-economists. These chapters also detail how benefit transfer is used within the policy process. Later chapters cover more advanced topics suited to valuation researchers, graduate students and those with similar knowledge of economic and statistical theory and methods. This book provides the most complete coverage of environmental benefit transfer methods available in a single location. The book targets a wide audience, including undergraduate and graduate students, practitioners in economics and other disciplines looking for a one-stop handbook covering benefit transfer topics and those who wish to apply or evaluate benefit transfer methods. It is designed for those both with and without training in economics

The Theory Of Externalities Public Goods And Club Goods

Author: Richard Cornes
Publisher: Cambridge University Press
ISBN: 9780521477185
Size: 39.50 MB
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This book presents an updated and expanded discussion of theoretical treatment of externalities (i.e. uncompensated interdependencies), public goods, and club goods.

Valuing Ground Water

Author: National Research Council
Publisher: National Academies Press
ISBN: 9780309175005
Size: 17.45 MB
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Because water in the United State has not been traded in markets, there is no meaningful estimate of what it would cost if it were traded. But failing to establish ground water's value--for in situ uses such as sustaining wetlands as well as for extractive uses such as agriculture--will lead to continued overuse and degradation of the nation's aquifers. In Valuing Ground Water an interdisciplinary committee integrates the latest economic, legal, and physical knowledge about ground water and methods for valuing this resource, making it comprehensible to decisionmakers involved in Superfund cleanup efforts, local wellhead protection programs, water allocation, and other water-related management issues. Using the concept of total economic value, this volume provides a framework for calculating the economic value of ground water and evaluating tradeoffs between competing uses of it. Included are seven case studies where ground-water valuation has been or could be used in decisionmaking. The committee examines trends in ground-water management, factors that contribute to its value, and issues surrounding ground-water allocation and legal rights to its use. The book discusses economic valuation of natural resources and reviews several valuation methods. Presenting conclusions, recommendations, and research priorities, Valuing Ground Water will be of interest to those concerned about ground-water issues: policymakers, regulators, economists, attorneys, researchers, resource managers, and environmental advocates.

Choice Experiments Informing Environmental Policy

Author: Ekin Birol
Publisher: Edward Elgar Publishing
ISBN: 1848441258
Size: 62.22 MB
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. . . a text detailing several recent, state-of-the-art choice experiment studies in European Union countries is valuable for illustrating the usefulness of the method for informing environmental policy. . . Birol and Koundouri have admirably compiled an array of case studies that provide relevant information for European environmental, agricultural, natural resource management and food policy, and that also offer a number of advances in the application and analysis of the CEM. The text is suitable for academics and graduate students with an interest in current applications of stated preference methods and for policy-makers interested in understanding people s preferences for environmental quality. . . Bethany Cooper, Australasian Journal of Environmental Management This volume provides an assessment of the literature on environmental valuation in Europe. It outlines some of the key environmental policy issues facing European Union countries and provides information on preferences and values associated with policy options. It also provides a set of state of the art examples of preference elicitation and analysis. This volume will be of interest to a variety of audiences. The book provides insights that will be useful to policy makers interested in understanding the public s preferences for environmental quality and it will be useful to academics and graduate students interested in cutting edge applications of stated preference methods. Wictor Adamowicz, University of Alberta, Canada This innovative book is a compilation of state-of-the-art choice experiment studies undertaken in several European Union (EU) countries, including Finland, France, Greece, Ireland, Italy, Poland, Spain and the United Kingdom. The case studies presented concern a variety of environmental, agricultural and natural resource issues such as the management of water resources, forests and agricultural landscapes; conservation of biodiversity and cultural heritage; noise pollution reduction and food labeling. The book highlights how the choice experiment method can be employed to inform efficient and effective design and implementation of various EU level agricultural and environmental policies and directives, including the Common Agricultural Policy, Water Framework Directive, Forestry Strategy, Habitats Directive and food labeling systems. This book will be of great interest to researchers working in the fields of environmental, natural resource and agricultural economics. Academics and graduate students worldwide, as well as applied economists working in international and national organizations, would benefit from the cutting edge choice experiment applications presented in this book. International and national policy makers will also benefit from the information on the use and usefulness of the choice experiment method in informing efficient and effective environmental, agricultural and natural resource management policy making.

Measuring And Improving Social Impacts

Author: Marc J. Epstein
Publisher: Routledge
ISBN: 1351276220
Size: 66.29 MB
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Identifying, measuring and improving social impact is a significant challenge for corporate and private foundations, charities, NGOs and corporations. How best to balance possible social and environmental benefits (and costs) against one another? How does one bring clarity to multiple possibilities and opportunities? Based on years of work and new field studies from around the globe, the authors have written a book for managers that is grounded in the best academic and managerial research.It is a practical guide that describes the steps needed for identifying, measuring and improving social impact. This approach is useful in maximizing the impact of different types of investments, including grants and donations, impact investments, and commercial investments.With numerous examples of actual organizational approaches, research into more than fifty organizations, and extensive practical guidance and best practices, Measuring and Improving Social Impacts fills a critical gap.