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Valuing Environmental and Natural Resources

Valuing Environmental and Natural Resources PDF 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.

Valuing Environmental and Natural Resources

Valuing Environmental and Natural Resources PDF 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.

Environmental and Natural Resource Economics

Environmental and Natural Resource Economics PDF Author: Thomas H. Tietenberg
Publisher: Routledge
ISBN: 1351803360
Category : Business & Economics
Languages : en
Pages : 834

Book Description
Environmental and Natural Resource Economics is the best-selling text for natural resource economics and environmental economics courses, offering a policy-oriented approach and introducing economic theory and empirical work from the field. Students will leave the course with a global perspective of both environmental and natural resource economics and how they interact. Complemented by a number of case studies showing how underlying economic principles provided the foundation for specific environmental and resource policies, this key text highlights what can be learned from the actual experience. This new, 11th edition includes updated data, a number of new studies and brings a more international focus to the subject. Key features include: Extensive coverage of the major issues including climate change, air and water pollution, sustainable development, and environmental justice. Dedicated chapters on a full range of resources including water, land, forests, fisheries, and recyclables. Introductions to the theory and method of environmental economics including externalities, benefit-cost analysis, valuation methods, and ecosystem goods and services. Boxed ‘Examples’ and ‘Debates’ throughout the text which highlight global examples and major talking points. The text is fully supported with end-of-chapter summaries, discussion questions, and self-test exercises in the book and multiple-choice questions, simulations, references, slides, and an instructor’s manual on the Companion Website.

Environmental and Resource Valuation with Revealed Preferences

Environmental and Resource Valuation with Revealed Preferences PDF Author: Nancy E. Bockstael
Publisher: Springer Science & Business Media
ISBN: 1402053185
Category : Business & Economics
Languages : en
Pages : 376

Book Description
This book 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. The book provides a candid review of the major conceptual challenges and an exploration of neglected issues in the literature.

Environmental and Natural Resource Economics

Environmental and Natural Resource Economics PDF Author: Jonathan M. Harris
Publisher: Routledge
ISBN: 1315448513
Category : Business & Economics
Languages : en
Pages : 584

Book Description
Harris and Roach present a compact and accessible presentation of the core environmental and resource topics and more, with analytical rigor as well as engaging examples and policy discussions. They take a broad approach to theoretical analysis, using both standard economic and ecological analyses, and developing these both from theoretical and practical points of view. It assumes a background in basic economics, but offers brief review sections on important micro and macroeconomic concepts, as well as appendices with more advanced and technical material. Extensive instructor and student support materials, including PowerPoint slides, data updates, and student exercises are provided.

Valuing Nature

Valuing Nature PDF Author: William Ginn
Publisher: Island Press
ISBN: 1642830917
Category : Business & Economics
Languages : en
Pages : 242

Book Description
As the world faces unprecedented challenges such as climate change and biodiversity loss, the resources needed far outstrip the capabilities of nonprofits and even governments. Yet there are seeds of hope—and much of that hope comes from the efforts of the private sector. Impact investing is rapidly becoming an essential tool, alongside philanthropy and government funding, in tackling these major problems. Valuing Nature presents a new set of nature-based investment areas to help conservationists and investors work together. NatureVest founder William Ginn outlines the emerging private sector investing opportunities in natural assets such as green infrastructure, forests, soils, and fisheries. The first part of Valuing Nature examines the scope of nature-based impact investing while also presenting a practical overview of its limitations and the challenges facing the private sector. The second part of the book offers tools for investors and organizations to consider as they develop their own projects and tips on how nonprofits can successfully navigate this new space. Case studies from around the world demonstrate how we can use private capital to achieve more sustainable uses of our natural resources without the unintended consequences plaguing so many of our current efforts. Valuing Nature provides a roadmap for conservation professionals, nonprofit managers, and impact investors seeking to use market-based strategies to improve the management of natural systems.

Valuing Environmental Preferences

Valuing Environmental Preferences PDF Author: Ian Bateman
Publisher: Oxford University Press, USA
ISBN: 9780199248919
Category : Business & Economics
Languages : en
Pages : 678

Book Description
The questionnaire-based Contingent Valuation Method (CVM) asks people what would they be willing to pay for an environmental good or attribute, or willing to accept for its loss. These papers consider the real value of such surveys.

Valuation of Ecological Resources

Valuation of Ecological Resources PDF Author: Ralph G. Stahl, Jr.
Publisher: CRC Press
ISBN: 9781420062632
Category : Science
Languages : en
Pages : 256

Book Description
Choosing the optimal management option requires environmental risk managers and decision makers to evaluate diverse, and not always congruent, needs and interests of multiple stakeholders. Understanding the trade-offs of different options as well as their legal, economic, scientific, and technological implications is critical to performing accurate assessments and making sound decisions. Valuation of Ecological Resources: Integration of Ecology and Socioeconomics in Environmental Decision Making examines various alternatives for determining the “value” of complex ecological resources. The book discusses how ecology, sociology, and economics influence environmental management decisions. The book further explores the scientific underpinnings of ecological valuation and the roles of regulatory and legislative bodies in the decision-making process. A series of case studies demonstrates the utility of various information sets, tools, and analytical frameworks. Summarizes the conclusions reached by the Ecological Risk Assessment Advisory Group during special workshops conducted by the Society of Environmental Toxicology and Chemistry (SETAC) Written by leading experts from industry, academia, and environmental regulatory agencies, this new text is an excellent resource for self-study as well as for courses in industrial ecology, environmental management, ecological risk assessment, environmental policy, and strategies for sustainability and corporate responsibility.

The Measurement of Environmental and Resource Values

The Measurement of Environmental and Resource Values PDF 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).

Environmental Valuation with Discrete Choice Experiments

Environmental Valuation with Discrete Choice Experiments PDF Author: Petr Mariel
Publisher: Springer Nature
ISBN: 3030626695
Category : Business & Economics
Languages : en
Pages : 136

Book Description
This open access book offers up-to-date advice and practical guidance on how to undertake a discrete choice experiment as a tool for environmental valuation. It discusses crucial issues in designing, implementing and analysing choice experiments. Compiled by leading experts in the field, the book promotes discrete choice analysis in environmental valuation through a more solid scientific basis for research practice. Instead of providing strict guidelines, the book helps readers avoid common mistakes often found in applied work. It is based on the collective reflections of the scientific network of researchers using discrete choice modelling in the field of environmental valuation (www.envecho.com).

Natural Resource Economics

Natural Resource Economics PDF Author: Barry C. Field
Publisher: Waveland Press
ISBN: 1478651709
Category : Business & Economics
Languages : en
Pages : 466

Book Description
The connection between humans and the earth’s natural resources is a topic of vital interest. Concern once centered on whether there were sufficient supplies of natural resources to accommodate the rising demands of growing economies; a newer concern is whether those growing economies will undermine the linkages between humans and the earth’s critical ecological endowments. It is essential to understand the reciprocity of how human decisions affect resources and how resources affect humans. Natural resource economics is one way of framing and analyzing choices about the conservation and use of natural resources made daily by individuals, communities, and nations. The focus of the text is on natural resource valuation, economic incentives, and the institutional arrangements that will produce desired collective outcomes. The fourth edition of this acclaimed text presents the analytical framework of economics in easy-to-understand descriptions for readers who have not yet been exposed to economics. The first nine chapters offer a lucid introduction to fundamental economic principles and their application to questions about natural resource use. Ten topical chapters address specific natural resources. The final two chapters examine natural resource issues encountered in developing countries and the impacts of globalization on the utilization and conservation of natural resources. Topics new to this edition include: equity issues in natural resources decisions, existence value of wildlife, technological change, natural capital, payment for environmental services, rare earths, food security, and collective property rights.