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.
The thoroughly revised second edition of this authoritative Handbook, complete with new chapters, comprehensively examines the current status and future directions of model-based systems in decision support and their application to sustainable development planning.
Professor Mulley’s insightful research review serves to elucidate and facilitate our understanding of urban systems and their drivers. It provides a foundational understanding of the debates surrounding urban form and the ability of land use policy to deliver the preferred urban form. Professor Mulley has selected key published articles from disciplines at the interface of urban economics and transport economics. These are grouped together within a number of themes, beginning with the contribution of central place theories developed in the early twentieth century and ending with contemporary papers providing answers to current issues of cities.
Valuing Climate Change Mitigation discusses the role of uncertainty in valuing the benefits of climate change mitigation policies using contingent valuation and choice experiment techniques. It treats climate change using three dimensions of uncertainty: scenario, policy and preference. Conceptual frameworks are advanced to account simultaneously for these various dimensions of uncertainty. The authors then explore the impact of introducing these uncertainties into benefit estimates for the Australian Carbon Pollution Reduction Scheme.
This pathbreaking book contributes to the discourse of evidence-based policy-making. It does so by combining the two issues of policy evaluation and sustainable development linking both to the policy-cycle.
Advancing the incorporation of equity preferences in policy analysis, this book demonstrates the application of choice modelling to the estimation of distributional weights suitable for inclusion in a cost–benefit analytical framework. A platform for discussion of the challenges and opportunities of this approach is presented in the form of a detailed case study designed to estimate community preferences for different intergenerational distributions. While the case study is focused on natural resource management and environmental policy, the conceptual and methodological advances illustrated by the authors are relevant and applicable to a wider array of policy deliberations.
This major reference work – the first of its kind – provides a comprehensive and authoritative introduction to the large and growing literature on contingent valuation. It includes entries on over 7,500 contingent valuation papers and studies from over 130 countries covering both the published and grey literatures.
This insightful book discusses the use of Cost–Benefit Analysis (CBA) for transport policy options from an ethical perspective.
Each detailed chapter deals with issues such as: the use and ethical aspects of CBA in transport, social exclusion, the environment and long term sustainability, safety, ethics of research and modelling transport. It summarizes ethics-based critics on CBA and discusses their relevance for accessibility, the environment and safety. In addition it explores ethical dilemmas of doing CBAs and CBA related research. The book concludes with possible avenues for further exploring the links between transport and ethics.
Non-market environmental valuation (NMEV) is undergoing a period of increased growth in both application and development as a result of increasing recognition of the role of economics in environmental policy issues. Against this backdrop, The International Handbook on Non-Market Environmental Valuation brings together world leaders in the field to advance the development and application of NMEV as a tool for policy-making.
Climate change tends to increase the frequency and intensity of weather-related disasters, which puts many people at risk. Economic, social and environmental impacts further increase vulnerability to disasters and tend to set back development, destroy livelihoods, and increase disparity nationally and worldwide. This book addresses the differential vulnerability of people and places, introducing concepts and methods for analysis and illustrating the impact on local, regional, national, and global scales.