/pdf/economics-of-natural-resources-and-the-environment-43k62iyyte.pdf

Economics of natural resources and the environment

Valuing nature's contributions to people: the IPBES approach

This article proposes contemporary best-practice recommendations for stated preference (SP) studies used to inform decision making, grounded in the accumulated body of peer-reviewed literature. These recommendations consider the use of SP methods to estimate both use and non-use (passive-use) values, and cover the broad SP domain, including contingent valuation and discrete choice experiments. We focus on applications to public goods in the context of the environment and human health but also consider ways in which the proposed recommendations might apply to other common areas of application. The recommendations recognize that SP results may be used and reused (benefit transfers) by governmental agencies and nongovernmental organizations, and that all such applications must be considered. The intended result is a set of guidelines for SP studies that is more comprehensive than that of the original National Oceanic and Atmospheric Administration (NOAA) Blue Ribbon Panel on contingent valuation, is more germane to contemporary applications, and reflects the two decades of research since that time. We also distinguish between practices for which accumulated research is sufficient to support recommendations and those for which greater uncertainty remains. The goal of this article is to raise the quality of SP studies used to support decision making and promote research that will further enhance the practice of these studies worldwide.

/pdf/contemporary-guidance-for-stated-preference-studies-1zcbvub0gv.pdf

Contemporary Guidance for Stated Preference Studies

The state of the art of environmental valuation with discrete choice experiments

Economic Growth, Carrying Capacity, andtheEnvironment

This paper summarizes the long history of the contingent valuation method, stressing the important dates and events that infl uenced its economic applications. It reviews the economic theory of contingent valuation, highlights the related survey design, alludes to the econometrics methodology involved and discusses the validity and reliability of this method. In summary, this paper presents the state of the art of a method that has been applied in the economic valuation of natural resources for many decades.

/pdf/contingent-valuation-past-present-and-future-35g8czfldu.pdf

Contingent valuation: past, present and future

The influence of cultural identity on the WTP to protect natural resources: some empirical evidence.

http://www.et.bs.ehu.es/~etpmaxxp/publicaciones/HoyosMarielHess_2014_04_IncorporatingEnvironmentalAttitudesinDiscreteChoiceModels.pdf

Incorporating environmental attitudes in discrete choice models: An exploration of the utility of the awareness of consequences scale

Assessing the Willingness to Pay (WTP) of the general public for climate change mitigation programmes enables governments to understand how much taxpayers are willing to support the implementation of such programs. This paper contributes to the literature on the WTP for climate change mitigation programmes by investigating, in addition to global benefits, the ancillary benefits of climate change mitigation. It does so by considering local and personal benefits arising from climate change policies. The Contingent Valuation Method is used to elicit the WTP for ancillary and global benefits of climate mitigation policies in the Basque Country, Spain. Results show that WTP estimates are 53–73% higher when ancillary benefits are considered.

David Hoyos

Papers

The state of the art of environmental valuation with discrete choice experiments

Contingent valuation: past, present and future

The influence of cultural identity on the WTP to protect natural resources: some empirical evidence.

Incorporating environmental attitudes in discrete choice models: An exploration of the utility of the awareness of consequences scale

Willingness to Pay for Ancillary Benefits of Climate Change Mitigation