Estimates of environmental values are frequently required as inputs to cost-benefit analyses when evaluating alternative resource use options. One strategy to avoid the high cost of conducting empirical work when non-market values are involved is to use value estimates from an existing study and...

Estimates of environmental values are frequently required as inputs to cost‐benefit analyses when evaluating alternative options for managing natural resources. One strategy to avoid the high cost of conducting empirical work when non‐market values are involved is to use value estimates from...

Over the past year or so, the concept of developing markets for environmental services has attracted unprecedented attention in Australia. For example, environmental credit trading is gaining currency as a potential mechanism for managing dryland salinity, biodiversity, and preserving native...

This paper examines the costs and benefits of producing biomass fuels from mallee eucalypts grown in low rainfall areas of Western Australia. The fuels examined are ethanol and renewable electricity. As a means of examining the competitiveness of these energy sources with conventional fossil...

The Desert Uplands is a biogeographic region in central-western Queensland that lies within the rangelands area of Australia. In the region, many pastoralists are clearing the scrub and woodland vegetation in order to improve production for cattle grazing. Only limited production gains are...

Private land managers make decisions regarding the use of their environmental resources in response to information and incentives contained in the price mechanism. However, the price mechanism often fails to reflect adequately the information relating to the public good attributes of...

Choice modelling (CM) is a developing non-market valuation technique that provides a rich data set to the analyst. In addition to parameter estimates for the influence of attributes, labels and respondent characteristics, models also provide information about, (and are sensitive to), the error...

Threshold Value Analysis (TVA) may be a useful input into natural resource decision making when non-market values are involved. The decision rule under a TVA is to protect a natural resource if the (non-marketed and unquantified) benefits so arising are deemed to be greater than a threshold...

Researchers using stated preference environmental valuation techniques are interested in identifying the extent to which framing effects impact on value estimates. Framing effects occur when the context in which the hypothetical scenarios and tradeoffs put to respondents in an application differ...