By A. Myrick Freeman III (auth.), Patricia A. Champ, Kevin J. Boyle, Thomas C. Brown (eds.)
A Primer on Nonmarket Valuation is exclusive in its transparent descriptions of the main standard nonmarket valuation concepts and their implementation. members operating for presidency firms, legal professionals concerned with normal source harm checks, graduate scholars, and others will savor the non-technical and useful tone of this e-book.
The first component to the ebook presents the context and theoretical starting place of nonmarket valuation, besides functional info matters.
The center sections of the Primer describe the main acknowledged and printed nonmarket valuation suggestions. for every procedure, the stairs enthusiastic about implementation are laid out and defined. either practitioners of nonmarket valuation and people who are new to the sphere will come clear of those equipment chapters with a radical realizing of the way to layout, enforce, and study a nonmarket valuation study.
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Extra resources for A Primer on Nonmarket Valuation
R. Portney, M. Russell, R. Schmalensee, V. K. Smith, and R. N. Stavins. 1996. Is There a Role for Benefit-cost Analysis in Environmental, Health, and Safety Regulation? Science 27:221-222. Bergson, A. 1938. A Reformulation of Certain Aspects of Welfare Economics. Quarterly Journal ofEconomic s 52:310-334. , and N. Bruce. 1984. Welfare Economics. Oxford, England: Basil Blackwell. 24 Chapter 1 Botkin, D. 1990. Discordant Harmoni es: a New Ecology for the Twenty-first Century . New York : Oxford University Press .
Attribute-based methods obtain preferences over similar goods that differ in the levels of their common attributes. An emerging approach related to the attribute-based methods is the method ofpaired comparison described in Chapter 7. This method is also based on choices individuals make between goods . However, the goods may have differing attributes and the method allows for valuation of multiple goods. The commonality among the various stated preference approaches is that the data are generated based on individuals stating their preferences rather than on making observable economic decisions.
Science 289:395-396 . Freeman, A. M. Ill . 1993. The Measurement ofEnvironmental and Resource Values: Theory and Methods. Washington, DC: Resources for the Future . Freeman, A. M. Ill. 1995. The Economic Valuation of Coastal Resources Supporting Recreation. In Sustain ing Coastal Resources : Roles of Economics and Environmental Sciences . Edited by Charles S. Colgan . Portland, ME : Edmund S. Musk ie Institute of Public Affairs. Freem an, A. M. , R. H. Havemen, and A. V. Kneese. 1973. The Economics ofEnvironmental Policy.
A Primer on Nonmarket Valuation by A. Myrick Freeman III (auth.), Patricia A. Champ, Kevin J. Boyle, Thomas C. Brown (eds.)