This paper presents analysis of the decision-making strategies adopted by respondents when confronted with potential policy options that include changes in both aggregate levels of welfare and equity in distribution. The analysis is based on the results of a choice experiment designed to...

The economic value of biological collections in three major botanic gardens in Australia was estimated using the Travel-Cost (TC) and Contingent Valuation (CV) methods. The study used truncated count data models to control for the non-negative integer and truncation properties of the number of...

There is a growing body of evidence in the non-market valuation literature suggesting that responses to a sequence of discrete choice questions tend to violate the assumptions typically made by analysts regarding independence of responses and stability of preferences. Decision processes (or...

This article focuses on the program of Ecological Afforestation on barren lands, degraded arable lands, harvested sites and sloped farmland in Sichuan, China. Farmers were given the opportunity to propose afforestation activities for which they would be paid an specified amount. These bids and...

What are the benefits of biodiversity protection? Why should those benefits be estimated? When should they be estimated … now or across future generations? Where should the benefits be estimated … locally, nationally or internationally? And, of course, how can they be estimated, if at all?...

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...

The extent of the benefits of improved river health remain uncertain. Quantifying these benefits is useful in prioritising policy investments. This study uses the Choice Modelling technique to estimate the value that households attach to attributes of improved river health. Data from a choice...

The lack of appropriate incentives through conventional markets is a major cause of deterioration of biodiversity on private land. In response, governments often intervene through changing the incentives faced by landholders. There are, however, potentially many ways that the incentives to...

A lack of information on economic values, especially non-market values, has contributed to wetland degradation in the Mekong River Delta. To fill this information gap, this study uses choice modelling to estimate biodiversity values of Tram Chim National Park in Vietnam. It is found that...

The Victorian Environmental Assessment Council, in developing recommendations for the Victorian Government on the future management of public lands forests along he Murray River, and in East Gippsland, commissioned an analysis of environmental protections values. This paper reports the results...