If scarce community resources for emergency services are to be allocated efficiently from a social perspective, decision-makers should be informed by social cost–benefit analysis (CBA). However, this is rarely, if ever, the case in Australia. One reason may be the challenge of estimating...

There is a growing literature reporting the extent of transaction costs for environmental policies. However understanding why transaction costs occur and why they are small or large is also important for efficient policy selection and evaluation. Following an analysis of the organisational...

Underground low-voltage electricity networks have several advantages over overhead networks including reliability of supply, safety and improved visual amenity. The economic viability of replacing existing overhead networks with new underground networks depends on the value of these benefits to...

Land use changes induced by the Conversion of Cropland to Forest and Grassland Program are found to provide farm households sampled in four counties from Shaanxi and Qinghai Provinces with increased net profits. This result is found to be robust for a range of discount rates and output price...

Benefit transfer is increasingly being used by decision makers as a way of estimating environmental values suitable for use in benefit cost analysis. However, recent studies examining the validity of benefit transfer of passive use values estimated using contingent valuation have rejected the...

Since the early 1990s, the air pollution level in the Jakarta Metropolitan Area (JMA) has arguably been one of the highest among mega cities in developing countries. This paper utilises the self-reporting data on illnesses available in the 2004 National Socio-Economic Household Survey (Survei...