Download Benefit Transfer of Environmental and Resource Values: A by Robert J. Johnston, John Rolfe, Randall S. Rosenberger, Roy PDF

By Robert J. Johnston, John Rolfe, Randall S. Rosenberger, Roy Brouwer

This publication presents a finished overview of environmental gain move tools, matters and demanding situations, protecting themes suitable to researchers and practitioners. Early chapters supply obtainable introductory fabrics compatible for non-economists. those chapters additionally aspect how profit move is used in the coverage approach. Later chapters conceal extra complicated subject matters fitted to valuation researchers, graduate scholars and people with comparable wisdom of financial and statistical idea and strategies. This e-book presents the main whole assurance of environmental profit move tools on hand in one location.

The publication ambitions a large viewers, together with undergraduate and graduate scholars, practitioners in economics and different disciplines trying to find a one-stop guide masking gain move issues and people who desire to observe or review gain move tools. it's designed for these either with and with out education in economics

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Extra info for Benefit Transfer of Environmental and Resource Values: A Guide for Researchers and Practitioners

Sample text

Testing in Chap. 17 (Boyle, Kaul and Parmeter). Spatial and geographical considerations are also covered by three chapters, including an overview of spatial and geographical aspects of benefit transfer in Chap. 18 (Schaafsma), international benefit transfers in Chap. 19 (Lindhjem and Navrud), and the use of GIS value mapping in Chap. 20 (Brander and co-authors). The three chapters devoted to advanced Bayesian methods include a discussion of Bayesian model averaging in Chap. 21 (Araña and León), optimal scope and Bayesian model search in Chap.

B. (2009). Pricing nature: Cost-benefit analysis and environmental policy. Cheltenham, UK: Edward Elgar. , & Rosenberger, R. (2010). Methods, trends and controversies in contemporary benefit transfer. Journal of Economic Surveys, 24, 479–510. Kling, C. , Phaneuf, D. , & Zhao, J. (2012). From Exxon to BP: Has some number become better than no number? Journal of Economic Perspectives, 26, 3–26. , & Kibler, V. (1992). Benefits and costs of pulp and paper effluent controls under the Clean-Water-Act. Water Resources Research, 28, 665–674.

An empirical meta-analysis benefit function may be illustrated using similar notation to that introduced above. 3 Following the notation introduced above, we denote these welfare or WTP estimates as ^yjs . These N welfare estimates then serve as the measured effect size or dependent variable in a statistical MRM represented in general form by, ^yjs ¼ hðxjs ; l ^js Þ; 3 ð2:4aÞ It is also possible for a single primary study to report multiple estimates for a single site and population, for example when multiple model specifications are estimated.

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