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To elicit household willingness to pay (WTP) for improvements in environmental quality in three NSW catchments (Lachlan, Namoi and Hawkesbury-Nepean), a choice modelling (CM) study was conducted. This report presents results of research designed to investigate variations in WTP across different...
Persistent link: https://www.econbiz.de/10008693249
This research report investigates the effects of including a provision rule in choice modelling non-market valuation studies. Split samples with and without a provision rule were used to test for differences in household willingness-to-pay for improvements in environmental quality in the...
Persistent link: https://www.econbiz.de/10008693271
Metrics for evaluating environmental trade-offs can be developed with varying levels of consistency across case study sites. A key issue is whether standard evaluation experiments can be conducted over multiple sites, or whether experiments have to be tailored to each case study application. To...
Persistent link: https://www.econbiz.de/10008693280
included, these must be balanced against potential costs. This report explores why agriculture is different from other sectors …. Agriculture’s diffuse and diverse emissions are inherently difficult to measure. They also fluctuate in response to environmental … factors such as climate and biophysical characteristics. It is problematic to include the agriculture sector in the ETS, at …
Persistent link: https://www.econbiz.de/10008693256
An elicitation format prevalently applied in discrete choice experiments (DCEs) offers each respondent a sequence of choice tasks. Each choice task contains more than two choice options. Empirical evidence shows, however, that repeated choice tasks influence choice behaviour through...
Persistent link: https://www.econbiz.de/10008693236
Price floors in greenhouse gas emissions trading schemes can have advantages for technological innovation, price volatility, and management of cost uncertainty. Implementing the schemes, however, has pitfalls. This research report argues that requiring firms to pay an extra fee or tax is the...
Persistent link: https://www.econbiz.de/10008693239
This survey paper examines the problem of achieving global cooperation to reduce greenhouse gas emissions. Contributions to this problem are reviewed from non-cooperative game theory, cooperative game theory, and implementation theory. Solutions to games where players have a continuous choice...
Persistent link: https://www.econbiz.de/10008693240
Adaptation of natural and human systems to climate change is receiving increased attention. The academic literature covers a wide spectrum of perspectives. Policy considerations, on the other hand, are largely driven by techno-scientific considerations. In particular, these include a...
Persistent link: https://www.econbiz.de/10008693241
Survey data from over 1,600 households in ten countries were used to analyse the determinants of residential water demand. Results show that in every country the price elasticity is negative and statistically significant. Households that do not have to pay for the water they use (volumetric...
Persistent link: https://www.econbiz.de/10008693242
Policy makers are confronted daily with uncertainty, especially in complex areas like biosecurity. One way to improve decision-making and reduce uncertainties is to collect more information. Information is costly – whether the value of improved decision-making justifies the cost is a...
Persistent link: https://www.econbiz.de/10008693244