Understanding that the environment is more than the resource base of human economic activities was a watershed in the awareness of the real value of the environment and the need for an assessment of its quality. The complex of benefits from ecosystems that people obtain in the literature became...

In this study, we have constructed a valuation model based on the CVM consistent with the TCM, in order to measure the use and the non-use values of environmental goods consistently. And the practicality of our model has been examined, by applying this model to measurement of environmental...

This study aims at evaluating the economic effect of a e-ambulance project, or emergency telemedicine in the rural areas in Kochi Prefecture in Japan. The focus is on ambulances equipped with ICT devices which transmit images of acute patients to remote hospitals. Kochi Prefecture started the...

This study proposes a consistent definition of natural disaster damage costs, i.e., equivalently, of natural disaster prevention benefits in accordance with general definition of benefits, Willingness to Pay, more concretely, Equivalent Variation, of any policy such as tax reforms,...

Biodiversity prospecting refers to the exploration of the commercial value of genetic and biochemical resources. In this chapter, we study a drug producing pharmaceutical firm (PF) that searches for potentially useful chemicals made by wild organisms in a conservation area. This PF is able to...

Ecosystems provide a range of goods and services vital to the well-being of humans and other living things, as well as to the development of society. Along with natural resources, tangible and tradable in the market, they provide a series of intangible, non-marketable services that translate...

In order to determine the level of satisfaction of the public transport services, the passengers jointly evaluate the various attributes that represent the different aspects of the level of service. From a methodological viewpoint this means finding the weighting that individuals use to evaluate...

With the rapid development of information and communication technologies, various online shopping platforms have emerged. To understand the success of platform strategies, it is important to verify the features that are important to attract sellers. To estimate the economic value of free...