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Determining the Value of Non-Marketed Goods
Contingent valuation (CV) measures what is called passive use value or existence value. The CV method has been used to measure the benefits of environmental policy actions. CV measures of economic value rely on choice. In CV studies, choices are posed to people in surveys; analysts then use the responses to these choice questions to construct monetary measures of value. The specific mechanism used to elicit respondents' choices can take a variety of forms, including asking survey respondents whether they would purchase, vote, or pay for a program or some other well-defined object of choice. It can also be a direct elicitation of the amount each respondent would be willing to pay (WTP) to obt...
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...
Questioning Beneficence
Effective Altruism is a movement and a philosophy that has reinvigorated the debate about the nature of beneficence. At base, it is the consistent application of microeconomic principles to beneficent action. The movement has exposed that many forms of giving do little good (or do active harm), but others do tremendous good. Questioning Beneficence uses Effective Altruism as a launch pad to ask hard questions about beneficence more generally. Must we be Effective Altruists, or are Effective Altruism and the ideas driving the movement a mistake? How much should we give—if anything— and how should we give it? What are the respective roles of different kinds of institutions? Is charity anti...
Kids at Work
Annotation This book examines the value of employer-sponsored on-site child care programs to employees.
Environmental and Natural Resource Economics
Harris and Roach present a compact and accessible presentation of the core environmental and resource topics and more, with analytical rigor as well as engaging examples and policy discussions. They take a broad approach to theoretical analysis, using both standard economic and ecological analyses, and developing these both from theoretical and practical points of view. It assumes a background in basic economics, but offers brief review sections on important micro and macroeconomic concepts, as well as appendices with more advanced and technical material. Extensive instructor and student support materials, including PowerPoint slides, data updates, and student exercises are provided.
Philosophical Foundations of Climate Change Policy
There is widespread agreement that we are obliged to do something about climate change, but considerable disagreement when it comes to explaining why we must do something. What remains most controversial, in other words, is not climate change policy, but rather the philosophical foundations of climate change policy. This book criticizes the most popular proposals that have been made to supply these foundations. It argues, instead, that our current actions, which involve the relatively unrestricted emissions of greenhouse cases, is a case of simple unfairness. It is an arrangement under which are taking out more than we are putting into the system of cooperation that extends out in time to include future generations.
Pricing the Priceless
This book tells how economics shifted from developing resources to valuing and incentivizing the preservation of natural environments.
Valuing Environmental Preferences
The questionnaire-based Contingent Valuation Method (CVM) asks people what would they be willing to pay for an environmental good or attribute, or willing to accept for its loss. These papers consider the real value of such surveys.
Real World AI Ethics for Data Scientists
In the midst of the fourth industrial revolution, big data is weighed in gold, placing enormous power in the hands of data scientists – the modern AI alchemists. But great power comes with greater responsibility. This book seeks to shape, in a practical, diverse, and inclusive way, the ethical compass of those entrusted with big data. Being practical, this book provides seven real-world case studies dealing with big data abuse. These cases span a range of topics from the statistical manipulation of research in the Cornell food lab through the Facebook user data abuse done by Cambridge Analytica to the abuse of farm animals by AI in a chapter co-authored by renowned philosophers Peter Singer and Yip Fai Tse. Diverse and inclusive, given the global nature of this revolution, this book provides case-by-case commentary on the cases by scholars representing non-Western ethical approaches (Buddhist, Jewish, Indigenous, and African) as well as Western approaches (consequentialism, deontology, and virtue). We hope this book will be a lighthouse for those debating ethical dilemmas in this challenging and ever-evolving field.
