Contingent Valuation and Endangered Species provides a comprehensive and rigorous examination of the contingent valuation method as applied to the profound social problem of biodiversity conservation. The contingent valuation method allows the explicit identification and valuation of the non-use...

pt. 1. Static and dynamic estimation of natural resource demand -- pt. 2. Valuation methods -- pt. 3. Estimation under uncertatinty -- pt. 4. Recent advances in econometrics methods applied to natural resource management.

Introduction -- Investigating water 'scarcity' -- Access to water supply : achieving the Millennium Development Goal -- Sharing water peacefully : understanding transboundary water-resource conflicts -- An analysis of a river dispute : interaction of politics and economics -- Improving access to...

Conventional economic analysis of property rights in natural resources is too narrow and restrictive to allow for effective comparisons between alternative institutional structures. In this book, a conceptual framework is developed for the analysis of these structures with illustrative...

Benefit transfer is the practice of estimating economic values at a target site by utilising the results of existing studies for different sites. It is commonly used to estimate values for changes in environmental conditions where time and cost factors constrain the direct application of...

This book presents a detailed picture of the evolutionary processes at work in water markets with a particular focus on theory and practice in Australia. Policymakers are striving to strike a balance between the pros and cons of a property rights/market based approach to the allocation of water...

Models are used to estimate potential physical and biological impacts, efficient adaptations, and residual damages from climate change. The contributors cover a broad array of climate change impacts on affected market sectors (including water supply, agriculture, coastal resources, timber, and...

Introduction -- Need for public consultation and stated preference -- Stated preference : methods and challenges -- Qualitative methods -- Interpreting stated preference responses -- Investigating sensitivity to scope -- Constructing better preferences? -- Communal nature of stated preference --...

The contingent valuation technique for measuring the economic value of environmental goods and services has become increasingly popular in recent years and has many advantages over other revealed or stated preference methods. It has been criticised, however, for being inconsistent with economic...

Non-market valuation has become a broadly accepted and widely practiced means of measuring the economic values of the environment and natural resources. In this book, the authors provide a guide to the statistical and econometric practices that economists employ in estimating non-market values