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.
Browse by title
Edited by Daniel McFadden and Kenneth Train
Actors, Capacities, Venues and Effects
Edited by Andrew J. Jordan and John R. Turnpenny
A PDF version of this book is available for free in open access via the Elgaronline platform - www.elgaronline.com/view/9781783477036.xml Policy analysts are accustomed to thinking in terms of tools and instruments. Yet an authoritative examination of the tools which have been developed to formulate new policies is missing. This book is the first of its kind to distinguish the defining characteristics of the main policy formulation tools, and offer a fresh way of understanding how, why and by whom they are selected, as well as the effects they produce in practice.
Robert J. Brent
Cost–benefit analysis is the only method of economic evaluation that can effectively indicate whether a health care treatment or intervention is worthwhile. In this thoroughly updated and revised second edition, Robert Brent expands the scope of the field by including the latest concepts and applications throughout all regions of the world. This book attempts to strengthen the link between cost–benefit analysis and the mainstream health care evaluation field, which is dominated by non-economists. The need to build a bridge between the two is more important than ever before, as the general understanding of cost-benefit analysis appears to have regressed.
Along with environmental impact assessment, social impact assessment (SIA) has its origins in the 1970s and has developed from being a tool to meet regulatory requirements, to a discipline that seeks to contribute proactively to better project and policy development and to enhance the wellbeing of affected people. This research review, by a leading authority in the field, collates the classic articles in the history of SIA along with the most significant recent papers in this expanding area.
Studies in Modelling and Decision Support, Second Edition
Edited by M. A. Quaddus and M. A.B. Siddique
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.
The State of the Art and the State of Practice
Edited by Stephane Hess and Andrew Daly
Choice modelling has been one of the most active fields in economics over recent years. This valuable new book contains leading contributions from academics and practitioners from across the different areas of study where choice modelling is a key analytical technique, drawn from a recent international conference.
Edited by Scott O. Farrow and Richard Zerbe, Jr.
Benefit–cost analysis informs which policies or programs most benefit society when implemented by governments and institutions around the world. This volume brings together leading researchers and practitioners to recommend strategies and standards to improve the consistency and credibility of such analyses, assisting analysts of all types in achieving a greater uniformity of practice.
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.
Edited by Peter Nijkamp, Jacques Poot and Mediha Sahin
During the last few decades the world has experienced an unprecedented level of cross-border migration. While this has generated significant socio-economic gains for host countries, as well as sometimes for the countries of origin, the costs and benefits involved are unevenly distributed. Consequently, growing global population mobility is a hotly debated topic, both in the political arena and by the general public. Amidst a plethora of facts, opinions and emotions, the assessment of migration impacts must be grounded in a solid scientific evidence base. This analytical book outlines and applies a range of the scientific methods that are currently available in migration impact assessment (MIA). The book provides various North American and European case studies that quantify socio-economic consequences of migration for host societies and for immigrants themselves.
Applying Stated Preferences in the Presence of Uncertainty
Sonia Akter and Jeff Bennett
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.