Showing 1 - 8 of 8
The Faustmann forest rotation model is a celebrated contribution in economics. The model provides a forest value expression and allows a solution to the optimal rotation problem valid for perpetual rotations of even-aged forest stands. However, continuous forest cover forest management systems...
Persistent link: https://www.econbiz.de/10012101033
Using data from two Choice Experiment environmental valuation surveys we investigate several different ways of handling respondent uncertainty. In both surveys respondents are asked to state their certainty of choice after each single choice set. We evaluate three different recoding-of-answers...
Persistent link: https://www.econbiz.de/10010289568
We investigate the problem of subsidising afforestation when private information exists with respect to the level of private utility derived from the project. We develop a simple model that allows for an intelligent design of contracts when information is asymmetric. The model involves the...
Persistent link: https://www.econbiz.de/10011324924
The hedonic pricing method has been used extensively to obtain implicit prices for availability of urban green space, but few hedonic studies have obtained households' preference parameters. We estimate willingness to pay functions for park availability in Copenhagen using an approach that...
Persistent link: https://www.econbiz.de/10012101043
We analyse the housing markets in a suburb north of the Danish capital Copenhagen. We find that households sort themselves in relation to nature area. The concentration of affluent households decreases rapidly with distance to nature. This indicates that a welfare change generated by a change in...
Persistent link: https://www.econbiz.de/10012101044
What role do people think distributional aspects should play in design of climate policy? The literature assessing climate policies has shown that assumptions regarding peoples' distributional preferences for climate change policy impacts are central for policy assessment, but empirical evidence...
Persistent link: https://www.econbiz.de/10012101059
Two important aspects of global environmental problems are that (1) the actions of past generations affect the opportunities of the present, and (2) both in the past and the present generations, collaboration across different countries is needed to provide global public goods. In this paper, we...
Persistent link: https://www.econbiz.de/10012227800
Norway is considering a national afforestation program for greenhouse gas (GHG) sequestration on recently abandoned semi-natural pastureland. However, the program may have negative impacts on landscape aesthetics and biodiversity. We conducted a national choice experiment survey to estimate...
Persistent link: https://www.econbiz.de/10012145560