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Author: A. Myrick Freeman III Publisher: Routledge ISBN: 1317703936 Category : Business & Economics Languages : en Pages : 478
Book Description
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.
Author: A. Myrick Freeman III Publisher: Routledge ISBN: 1317703936 Category : Business & Economics Languages : en Pages : 478
Book Description
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.
Author: A. Myrick Freeman Publisher: ISBN: Category : Environmental policy Languages : en Pages : 544
Book Description
In the manner of its distinguished predecessor this new work presents a comprehensive, rigorous treatment of benefit measurement that includes entirely reworked analyses of such topics as the contingent valuation technique, valuing improved health, property value models, and the travel cost approach.
Author: A. Myrick Freeman Publisher: Resources for the Future ISBN: 9781891853623 Category : Business & Economics Languages : en Pages : 516
Book Description
Non-market valuation is becoming increasingly accepted as an evaluative tool of economics related to environmental and resource protection. Freeman (economics, Bowdoin College) presents an overview of the literature, introducing the principal methods and techniques of resource valuation. Chapters cover the measurement of welfare changes, revealed and stated preference models, nonuse models, aggregation of values across time, environmental quality as factor input, longevity and health valuation, property value models, hedonic wage models, and recreational uses of natural resource systems. Annotation (c)2003 Book News, Inc., Portland, OR (booknews.com).
Author: Robert J. Johnston Publisher: Springer ISBN: 940179930X Category : Business & Economics Languages : en Pages : 582
Book Description
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
Author: Timothy C. Haab Publisher: Edward Elgar Publishing ISBN: 1843765438 Category : Business & Economics Languages : en Pages : 343
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, 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 datasets 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.
Author: National Research Council Publisher: National Academies Press ISBN: 030909318X Category : Science Languages : en Pages : 291
Book Description
Nutrient recycling, habitat for plants and animals, flood control, and water supply are among the many beneficial services provided by aquatic ecosystems. In making decisions about human activities, such as draining a wetland for a housing development, it is essential to consider both the value of the development and the value of the ecosystem services that could be lost. Despite a growing recognition of the importance of ecosystem services, their value is often overlooked in environmental decision-making. This report identifies methods for assigning economic value to ecosystem servicesâ€"even intangible onesâ€"and calls for greater collaboration between ecologists and economists in such efforts.
Author: Patricia A. Champ Publisher: Springer ISBN: 9400771045 Category : Business & Economics Languages : en Pages : 504
Book Description
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.
Author: National Academy of Engineering Publisher: National Academies Press ISBN: 0309522331 Category : Science Languages : en Pages : 292
Book Description
When Cleveland's Cuyahoga River caught fire in 1969, no environmental measurements were necessary to know the seriousness of the problem. Incidents like the Cuyahoga fire raise an important question: Can catastrophes-in-the-making be detected early enough to be prevented? For those in industry, such disasters point to the need for measures that can improve the environmental performance of processes, products, business practices, and linked industrial systems. In Measures of Environmental Performance and Ecosystem Condition, experts share their insights on environmental metrics. The volume explores the most productive relationship between measures of environmental performance and measures of ecosystem conditions. It reviews current approaches, evaluates structures for business decisionmaking, and includes a matrix for determining the environmental performance of industrial facilities. Case studies include: Development and application of a water-quality rating scheme for streams and reservoirs in the Tennessee Valley. Three years of successful experience with waste metrics at 3M. The book covers the range of environmental performance and condition metrics, from the use of material flow data to monitor environmental performance at the national level to the use of bioassays to measure the toxicity of industrial effluents. This book offers something for everyone--policymakers, executives, engineers, managers, and advocates--with a stake in the measurement of environmental performance and ecological conditions.
Author: A. Myrick Freeman III
Author: A. Myrick Freeman III
Author: A. Myrick Freeman
Author: A. Myrick Freeman
Author: A. Myrick Freeman
Author: A. Myrick Freeman III
Author: Robert J. Johnston
Author: Timothy C. Haab
Author: National Research Council
Author: Patricia A. Champ
Author: National Academy of Engineering