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This report addresses a number of economic, legal, survey/methodological, and statistical issues as they arose in two contingent valuation studies used to estimate the value of improvements in visibility in the Grand Canyon, where emissions from a coal-fired electric generating plant were believed to contribute to winter haze. Contingent valuation is a method of measuring the economic value of environmental and other public goods. Use and nonuse economic values, willingness to pay for an improvement or to avoid degradation (or willingness to accept compensation instead), property rights, and various conceptual and statistical issues are explored. The report is based on a comment filed with the Environmental Protection Agency's Public Docket and should be of interest to those involved in the regulatory debate and others who measure the economic value of environmental and other public goods.
Air --- Contingent valuation. --- Pollution --- Economic aspects --- Statistical methods.
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The papers in this volume present a critical assessment of contingent valuation (CV). CV is a survey method that attempts to estimate individual values for economic goods by asking people hypothetical questions about their willingness to pay for such goods. The text reports research which is mainly from economists with specialities in economic theory, econometrics and public finance, rather than from the more narrowly focused research of environmental economics. The research of specialists in psychology, market research and litigation is included.
Contingent valuation --- Congresses --- Congresses. --- Sociology of culture --- Value --- -Contingent valuation --- -Valuation --- Standard of value --- Cost --- Economics --- Exchange --- Wealth --- Prices --- Supply and demand --- Evaluation contingente --- Congrès --- Valuation --- Contingent valuation - Congresses
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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. .
Environmental economics. --- Environmental economics --- Contingent valuation. --- Contingent valuation --- Mathematical models. --- Economics --- Environmental quality --- Environmental aspects --- Economic aspects --- Valuation --- Microeconomics --- Environmental protection. Environmental technology
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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.
derivatives --- Modellierung --- valuation --- Preismodellierung --- DerivateCO2 emission certificates --- price modelling --- Kohlendioxidemission --- Derivate --- HandelCO2-Emissionszertifikate --- Contingent Valuation --- Bewertung
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Contingent valuation --- Natural resources --- Social Sciences and Humanities. Economics --- Valuation --- Environmental Economics.
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De overheid spendeert heel wat middelen aan de voorziening van publieke goederen. Door deze uitgaven kunnen heel wat mensen genieten van het gebruik van deze goederen. De hamvraag is echter of deze goederen ook effectief gewaardeerd worden door de bevolking? Hechten mensen belang aan dit soort goederen, of staan ze niet stil bij de waarde hiervan? Het zou immers ineffectief zijn mocht de overheid grote bedragen spenderen aan bepaalde publieke voorzieningen die in de ogen van de bevolking niet als belangrijk en/of noodzakelijk worden gepercipieerd. In deze masterproef trachten wij aan de hand van de reeds bestaande literatuur en nieuw verworven inzichten uit eigen geleverd onderzoek een antwoord te bieden op deze vraag.
Contingent Valuation Method. --- Gebruik. --- Overheid. --- Publieke goederen. --- Publieke voorzieningen. --- Tevredenheid. --- WTP. --- Waardering. --- Welzijn. --- Willingness To Pay.
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Landsat satellites. --- Landsat satellites --- Remote-sensing images --- Contingent valuation --- Economic aspects
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Contingent valuation --- Environmental economics --- Environmental risk assessment --- Health risk assessment --- Risk assessment --- Risk perception --- Mathematical models
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Air --- Air quality --- Visibility --- Contingent valuation --- Environment (Aesthetics) --- Pollution --- Economic aspects --- Cost effectiveness
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Air --- Atmospheric ozone --- Contingent valuation. --- Environmental risk assessment. --- Health risk assessment. --- Pollution --- Standards