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Valuation of complex environmental goods: A multi-criteria approach
Gomez-Limon, Jose Antonio; Barreiro-Hurle, Jesus - 2007
. ABSTRACTEconomic valuation of comlex environmental goods has several issues still opened to debate. This paper focuses on two of these … aspects; linearity of attributes in the valuation funcion and individual utility function hetrogeneity. A methodological … environmental good valuation. We apply the proposed methodology to value a protected natural in the province of Granada (Spain …
Persistent link: https://www.econbiz.de/10009443187
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Characterizing Spatial Pattern in Ecosystem Service Values when Distance Decay Doesn’t Apply: Choice Experiments and Local Indicators of Spatial Association
Johnston, Robert J.; Ramachandran, Mahesh; Schultz, Eric T. - 2011
heterogeneity. These include spatial homogeneity or continuous distance decay. Despite their ubiquity in the valuation literature …
Persistent link: https://www.econbiz.de/10009444304
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Generating Revenues from WTP for Ecosystem Restoration: An Auction Experiment on Public Goods
Smith, Elizabeth C.; Swallow, Stephen K. - 2010
servicesand markets that have the potential to provide for them. Empirical analysis focuses on public valuation for three specific …
Persistent link: https://www.econbiz.de/10009446146
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FLOODING RISK AND HOUSING VALUES: AN ECONOMIC ASSESSMENT OF ENVIRONMENTAL HAZARD
Daniel, Vanessa; Florax, Raymond J.G.M.; Rietveld, Piet - 2007
Climate change, the ?boom and bust? cycles of rivers, and altered water resourcemanagement practice have caused significant changes in the spatial distribution of the risk offlooding. Hedonic pricing studies, predominantly for the US, have assessed the spatial incidenceof risk and the associated...
Persistent link: https://www.econbiz.de/10009483584
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Bidding behavior in environmental contract auctions with incomplete monitoring
Romstad, Eirik; Alfnes, Frode - 2011
It is well known from the compliance literature that whenever it costly tomonitor agents' compliance to contract terms, compliance is likely to beincomplete. This paper goes one step further by examining the implications ofincomplete monitoring on agent's sales offers in auctions for...
Persistent link: https://www.econbiz.de/10009442281
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An Iterative Auction for Spatially Contiguous Land Management: An Experimental Analysis
Banerjee, Simanti; Shortle, James S.; Kwasnica, Anthony M. - 2011
Tackling the problem of ecosystem services degradation is an important policy challenge. Different types of economic instruments have been employed by conservation agencies to meet this challenge. Notable among them are Payment for Ecosystem Services (PES) schemes that pay private landowners to...
Persistent link: https://www.econbiz.de/10009442289
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An Experimental Analysis of Auctioning Emission Allowances Under a Loose Cap
Shobe, William; Palmer, Karen L.; Myers, Erica; Holt, … - 2010
The direct sale of emission allowances by auction is an emerging characteristic of cap-and-trade programs. This study is motivated by the observation that all of the major implementations of cap-and-trade regulations for the control of air pollution have started with a generous allocation of...
Persistent link: https://www.econbiz.de/10009442655
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THE EFFECT OF MARKET STRUCTURE ON ADAPTATION TO CLIMATE CHANGE IN AGRICULTURE
Lee, Sangjun; Thornsbury, Suzanne - 2010
When assessing climate change impact, adaptation is an important behavioral response to reduce potential risk. But it has been widely recognized that there are barriers to adaptation. And attempts to estimate impacts may be biased when these barriers neglected. Potential barrier on adaptation...
Persistent link: https://www.econbiz.de/10009442665
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BIOFUELS AND LEAKAGES IN THE FUEL MARKET
Drabik, Dusan; de Gorter, Harry - 2010
Leakage in the fuel market differs, depending on whether ethanol production is determined by a tax credit or consumption mandate. Two components of market leakage are distinguished: domestic and international. Leakage with both a tax credit and a consumption mandate depends on market...
Persistent link: https://www.econbiz.de/10009442666
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CLIMATE CHANGE AND PRODUCTION RISK IN CHINESE AQUACULTURE
Holst, Rainer; Yu, Xiaohua - 2010
Drawing on the method developed by Just and Pope (1978, 1979), this paper separately analyzes the marginal contributions of both regular input factors and climate factors to mean output and to production risk in Chinese inland aquaculture. Furthermore, the net change in output following a 1°C...
Persistent link: https://www.econbiz.de/10009442668