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Book
Contingent Valuation Daten und Bayes'sche Verfahren
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Year: 2018 Publisher: Bern : Peter Lang Publishing,

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Abstract

Mit Methoden zur Umweltbewertung, die - wie die interviewgestützte Contingent Valuation Methode - auf der Messung individueller Präferenzen basieren, lässt sich der Wert einer Umweltveränderung umfassend bestimmen, aber sie erweisen sich in der Praxis oft als zu teuer. Durch die Verwendung von Bayes'schen Ansätzen können die Kosten der Kosten-Nutzen-Analyse für explizite Bewertungsstudien sowie für die implizite Bewertung durch den Nutzentransfer deutlich gesenkt werden. Darüber hinaus wird durch diesen Ansatz der Nutzentransfer erheblich zuverlässiger, so dass dieses Sparmodell der Umweltbewertung mit weitaus geringeren Einschränkungen als bislang empfohlen werden kann. Die Arbeit illustriert diese Aussagen mit einer Vielzahl simulierter und empirischer Beispiele.

Environmental and resource valuation with revealed preferences : a theoretical guide to empirical models
Authors: ---
ISBN: 1280817119 9786610817115 1402053185 0792365011 9780792365013 Year: 2007 Publisher: Dordrecht : Springer,

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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. The unique features of Environmental and Resource Valuation with Revealed Preferences include: • a development of the theory from the simplest ideas of economic preferences, based on microeconomics and welfare theory, extended to show how these ideas can be used empirically; • coherent theoretical and practical treatment of the approaches developed to value the environment and public goods, from travel cost to wage and housing hedonics to averting behavior and cost of illness; • a candid review of the major conceptual challenges and an exploration of neglected issues in the literature; • connections between theory and empirical research for real world problems. Environmental Valuation with Revealed Preferences is an exceptionally useful tool for economists and graduate students working in the area of environmental and resource economics at universities, research institutes, government agencies, non-governmental environmental organizations, multi-lateral banks. .


Book
CO2-Emissionszertifikate - Preismodellierung und Derivatebewertung
Author:
ISBN: 1000006959 386644169X Year: 2007 Publisher: KIT Scientific Publishing

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EU-Unternehmen müssen seit 2005 entsprechend ihrem CO2-Ausstoß genügend Emissionszertifikate einreichen. Da die Zertifikate frei handelbar sind, stellt sich ihnen CO2 als ein zusätzlicher Produktionsfaktor mit unsicherem Preis dar. Derivative Finanzinstrumente helfen beim Management der damit verbundenen Risiken. Die Arbeit analysiert und beantwortet grundlegende Fragestellungen zur Modellierung und Bewertung solcher Finanzinstrumente im Emissionshandel.


Book
Rationality concepts in environmental valuation
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ISBN: 3631755155 3631573367 9783631755150 Year: 2018 Publisher: Bern Peter Lang International Academic Publishing Group

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Abstract

Survey based valuation techniques like the Contingent Valuation Method (CVM) rely particularly on the premise of respondents’ rationality when answering willingness to pay (WTP) questions. Results of CVM surveys have repeatedly put this fundamental assumption into question. This study adopts a more realistic view of rationality accounting for respondents’ limited capacities to process information. Based on cognitive psychology a technique to detect and analyze the bounds of rationality inherent in WTP statements is developed. Using an empirical example, the influence of bounded rationality on the validity of CVM results is analyzed. It is shown that individual differences in information processing play a major role. From these results recommendations for future survey design are developed.


Book
Contingent valuation of environmental goods : a comprehensive critique
Authors: --- --- ---
ISBN: 1786434695 1786434687 Year: 2017 Publisher: Northampton, MA : Edward Elgar Pub.,

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Contingent valuation is a survey-based procedure that attempts to estimate how much households are willing to pay for specific programs that improve the environment or prevent environmental degradation. For decades, the method has been the center of debate regarding its reliability: does it really measure the value that people place on environmental changes? Bringing together leading voices in the field, this timely book tells a unified story about the interrelated features of contingent valuation and how those features affect its reliability. Through empirical analysis and review of past studies, the authors identify important deficiencies in the procedure, raising questions about the technique's continued use. Individual chapters investigate how respondents answer questions in contingent valuation surveys, with a particular focus on how the procedure's estimates change based on the costs that the researcher specifies, the payment mechanism, and the scope of the environmental improvement. Other issues covered include whether the survey respondents make trade-offs between the program costs and benefits; and whether corrections can be applied to account for any misunderstanding of the questions by respondents and for the hypothetical nature of the survey. This book will appeal to environmental economists and students in environmental and resource economics. Government staff at environmental agencies and survey researchers will benefit from the close analysis of previous applications.


Multi
Social desirability and environmental valuation
Author:
ISSN: 07213085 ISBN: 1299428509 3653015839 3631632584 Year: 2012 Volume: Bd. 66 Publisher: Frankfurt am Main ; New York : Peter Lang,

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Socially desirable responding (SDR) is an often-reported source of bias in survey interviews. It describes the tendency of a respondent to answer in a way that is socially desirable rather than to answer truthfully. This response bias also threatens the reliability and validity of survey-based environmental valuation techniques such as the Contingent Valuation Method (CVM). This book deals with the assessment of the conditions for the occurrence of SDR in CVM interviews.

A Primer on Nonmarket Valuation
Authors: --- ---
ISBN: 0792364988 1402014457 9400708262 Year: 2003 Publisher: Dordrecht : Springer Netherlands : Imprint: Springer,

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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.


Book
A Primer on Nonmarket Valuation
Authors: --- ---
ISBN: 9789400771031 9789400771048 Year: 2017 Publisher: Dordrecht : Springer Netherlands : Imprint: Springer,

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Abstract

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. This 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. .


Book
Coastal Resources Economics and Ecosystem Valuation
Authors: ---
ISBN: 3039280171 3039280163 Year: 2019 Publisher: MDPI - Multidisciplinary Digital Publishing Institute

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Abstract

The practical importance of economic valuation information can hardly be overstated. Coastal and marine resource policy planning and management benefit from complete information on the impact of policy decisions.


Book
The 9th International Conference on Sustainable Development
Authors: ---
ISBN: 3036556869 3036556850 Year: 2022 Publisher: Basel MDPI - Multidisciplinary Digital Publishing Institute

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The International Conference on Sustainable Development (ICSD) was held virtually on September 20-21, 2021, with the conference theme “Research for Impact: A Sustainable and Inclusive Planet.” ICSD provides a forum for academia, government, civil society, UN agencies, and the private sector to come together to share practical solutions to achieve Sustainable Development Goals (SDGs). The two-day conference hosted 49 different sessions across multiple time zones to accommodate the global audience, with 204 oral presenters, 239 poster presenters, and 977 total authors.

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