Lake Hume is a significant water storage located at the headwaters of the River Murray. It provides irrigation water, urban water supplies, flood mitigation and recreational benefits to a large and economically significant region. Water quality in Lake Hume has recently been the subject of...

Wetland protection in the Upper South East (USE) of South Australia yields a range of private and social benefits. The profit motivation for private wetland owners to supply private benefits is clear whilst the provision of purely social benefits by private suppliers has no similar incentive....

In mid-2010, an impact assessment was undertaken to ascertain the non-market value of coral reefs to scuba divers in Thailand, Malaysia and Indonesia. A travel cost method was employed and it was found that divers had a consumer surplus of about US$590 per dive. However, given the sample...

The focus of the research reported in this paper has been to estimate recreation values for beaches over approximately 1400 kilometres of coastline along the Queensland coast. The study is notable at an international level because it assesses recreation values to a general type of recreation...

Southern bluefin tuna (Thunnus Maccoyii) is a global resource which is critically endangered. The Committee for the Conservation of Southern Bluefin Tuna (CCSBT) sets commercial quota levels for member nations, including Australia, each year. However, southern bluefin tuna is also a popular...

Environmental economists have long used surveys to gather information about people's preferences. This is particularly true in the field of non-market valuation, where techniques such as contingent valuation, choice modelling and the travel cost method invariably employ some form of survey...

Lake McKenzie is one of the most highly used and popular visitor destinations of all Fraser Island's natural sites, attracting 2,000 visitors a day in peak periods. Many consider this level of visitation to be unsustainable and the management authority is considering a range of management...

With increasing signs of climate change and the influence of national and international carbon-related laws and agreements, governments all over the world are grappling with how to rapidly transition to low-carbon living. This includes adapting to the impacts of climate change that are very...

The economic value of biological collections in three major botanic gardens in Australia was estimated using the Travel-Cost (TC) and Contingent Valuation (CV) methods. The study used truncated count data models to control for the non-negative integer and truncation properties of the number of...

We estimate hedonic price functions for premium wine from Australia and New Zealand, differentiating implicit prices for sensory quality ratings, wine varieties, and regional as well as brand reputations over the vintages 1992 to 1998. For Australia, the results suggest regional reputations in...