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Resource management decisions influence not only the output of the economy but also the distribution of utility between groups within the community. The theory of Benefit Cost Analysis provides a means of incorporating this distributional change through the application of distributional or...
Persistent link: https://www.econbiz.de/10010914862
This report presents results of research designed to investigate variations in willingness to pay (WTP) estimates across different scales and scopes of environmental investments. The goal is to help catchment management authorities better prioritise their natural resource management actions at...
Persistent link: https://www.econbiz.de/10008693258
The survey was designed to estimate environmental values suitable for integration into MOSAIC, a bio-economic model for catchment and farm level planning. Local residents, as well as distant rural and distant urban communities, were surveyed in three NSW catchments (Lachlan, Namoi and...
Persistent link: https://www.econbiz.de/10008693259
Three axioms underpin consumer choice in neoclassical theory: weak order, independence, and continuity. Two of these axioms may not hold, however, for consumers’ choices regarding genetically modified (GM) food. Consumers may evaluate product attributes differently depending on whether the...
Persistent link: https://www.econbiz.de/10008800979
Ensuring the continued viability of rural and regional communities in Australia has become a high priority politically. Economic and environmental forces are perceived as threats to viability. Declining terms of trade for agricultural commodities along with decreased relative prices for...
Persistent link: https://www.econbiz.de/10011067637
The application of stated preference non-market valuation approaches in settings where there are strong cultural differences in environmental perspectives potentially misrepresent strengths of preferences for different groups. This paper reports on a study that measured strength of affiliation...
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