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Composite Valuation of Immaterial Damage in Flooding: Value of Statistical Life, Value of Statistical Evacuation and Value of Statistical Injury

Bockarjova, Marija; Rietveld, Piet; Verhoef, Erik T. - 2012

This paper enriches existing valuation literature in a number of ways by presenting context-specific estimates of immaterial damage. First, it offers an estimation of value of statistical life (VOSL) in the context of a natural hazard (flooding). Next, as one of the contributions, alongside with...

Persistent link: https://www.econbiz.de/10010326300

Scale, Scope and Cognition: Context Analysis of Multiple Stated Choice Experiments on the Values of Life and Limb

Bockarjova, Marija; Rietveld, Piet; Verhoef, Erik T. - 2012

choice experiments. The main interest of this paper is VOSL sensitivity to the valuation of correlated risks (scope effect …). Besides, we explore the role of cognition on the stability of valuation across choice experiments using age and education. We … pool data from multiple choice experiments and apply nested and mixed logit models in our analysis. We confirm …

Persistent link: https://www.econbiz.de/10010326401

The Realities of using 'Benefit Transfers' in Transport Decision-Making

Button, Kenneth; Nijkamp, Peter - 1998

There is an increasing demand for transport decisions to be made in thelight of some form of what may generically be called cost benefit analysis(CBA). The actual techniques may vary and often deviate quite significantlyfrom the conventional economic concept of CBA but in all cases theprocedures...

Persistent link: https://www.econbiz.de/10010324468

Transport Investment Appraisal and the Environment

Nijkamp, Peter; Ubbels, Barry; Verhoef, Erik - 2002

This review considers the role of environmental effects in transport investment appraisal, mainly from the perspective of cost-benefit analysis, the most widely adopted appraisal technique. Although the basic principles of CBA are straightforward, several complications are identified that may...

Persistent link: https://www.econbiz.de/10010324894

SETS, Arbitrage Activity, and Stock Price Dynamics

Taylor, Nick; van Dijk, Dick; Franses, Philip Hans; … - 1999

This paper provides an empirical description of the relationshipbetween the trading system operated by a stockexchange and the transaction costs faced by heterogeneous investors who use the exchange. Therecent introduction ofSETS in the London Stock Exchange provides an excellent opportunity...

Persistent link: https://www.econbiz.de/10010324378

Externalities in Urban Sustainability

Verhoef, Erik T.; Nijkamp, Peter - 2000

This paper studies urban sustainability from the perspective ofexternalities. We develop a general spatialequilibrium model of a monocentric city, in which two types ofexternalities occur. On the one hand, pollution inthe industrial centre leads to a spatially differentiateddeterioration of the...

Persistent link: https://www.econbiz.de/10010324394

Advances in Environmental Economics: Analysis and Modelling

van den Bergh, Jeroen C.J.M.; Nijkamp, Peter - 1998

This paper gives a concise overview of environmental-economicanalysis. Important issues and modern developments in the field aresurveyed in a systematic way. Next, the concept of sustainabledevelopment is discussed, as it has dominated environmental economicsfor almost a decade now. In addition,...

Persistent link: https://www.econbiz.de/10010324402

Diagnostic Tools for Nonlinearity in Spatial Models

de Graaff, Thomas; Florax, Raymond J.G.M.; Nijkamp, Peter; … - 1998

There is an increasing awareness of the potential of nonlinear modeling in regional science, which can partly be explained by the recognition of the limitations of conventional equilibrium models in complex situationsand partly by the easy availability and accessibility of sophisticated...

Persistent link: https://www.econbiz.de/10010324411

Winners and Losers in Spatial Duopoly Markets; the Relevance of a Value Transfer Approach

Bal, Frans; Nijkamp, Peter - 1998

The effect of economic behaviour of different actors on the size of a market area is a classical subject of study in regional economics and over the years many studies have been published on this subject. Regional market differences are not only relevant in (location-) allocation theory, but...

Persistent link: https://www.econbiz.de/10010324435

Mailing Issues on Climate Change Policies - A Discussion of the GTAP-E Model

Kremers, Hans; Nijkamp, Peter; Wang, Shunli - 2000

After the Kyoto agreements the need has arisen to trace the implications ofvarious international environmentalstrategies. In this paper, we discuss relevant modelling issues ofincorporating important environmental policy measures in one ofthe popular applied general equilibrium models for...

Persistent link: https://www.econbiz.de/10010324439