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Valuing Natural Assets
Assessing natural resource damages often requires the use of nonmarket valuation techniques that were developed for use in benefit-cost analyses. Natural resource damage assessment dramatically changes the context for applying them. Two aspects of this context are especially important. First, damages are to be measured by the monetary value of the losses people experience, including their use and nonuse values, because of injuries to natural resources---a process requiring careful delineation of how the injuries connect to the resource's services. Second, a single identified entry---not generalized, anonymous taxpayers---must pay damages based on what is measured, and evaluations of the meas...
Contingent Valuation
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 book provides an interpretive historical account of the development of contingent valuation, the most commonly used approach to placing a value on goods not normally sold in the marketplace. The major fields catalogued here include culture, the environment, and health application. This bibliography is an ideal starting point for researchers wanting to find other studies that have...
The Measurement of Environmental and Resource Values
First Published in 2003. Routledge is an imprint of Taylor & Francis, an informa company.
Road from Kyoto
None
Special Report
None
Ecosystem Function & Human Activities
R. David Simpson Norman L. Christensen, Jr. Human Activity and Ecosystem Function: Reconciling Economics and Ecology Recognizing the need to improve social decision making on tradeoffs between economic growth and ecological health, the Renewable Natural Resources Foundation convened a workshop in October 1995 on "Human Activity and Ecosystem Function: Reconciling Economics and Ecology. " While the subtitle perhaps reflected unrealistic expectations, the presentations and discus sions at the workshop were a preliminary step toward that rec onciliation: bringing together ecologists, economists, other nat ural and social scientists, and policy makers to layout the issues, articulate their needs...
The Measurement of Environmental and Resource Values
Non-market valuation is becoming increasingly accepted as an evaluative tool of economics related to environmental and resource protection. Freeman (economics, Bowdoin College) presents an overview of the literature, introducing the principal methods and techniques of resource valuation. Chapters cover the measurement of welfare changes, revealed and stated preference models, nonuse models, aggregation of values across time, environmental quality as factor input, longevity and health valuation, property value models, hedonic wage models, and recreational uses of natural resource systems. Annotation (c)2003 Book News, Inc., Portland, OR (booknews.com).
