Contingent valuation of environmental goods : a comprehensive critique

著者

書誌事項

Contingent valuation of environmental goods : a comprehensive critique

edited by Daniel McFadden, Kenneth Train

Edward Elgar Publishing, c2017

大学図書館所蔵 件 / 全3件

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注記

Includes bibliographical references and index

内容説明・目次

内容説明

Contingent valuation is a survey-based procedure that attempts to estimate how much households are willing to pay for specific programs that improve the environment or prevent environmental degradation. For decades, the method has been the center of debate regarding its reliability: does it really measure the value that people place on environmental changes? Bringing together leading voices in the field, this timely book tells a unified story about the interrelated features of contingent valuation and how those features affect its reliability. Through empirical analysis and review of past studies, the authors identify important deficiencies in the procedure, raising questions about the technique's continued use. Individual chapters investigate how respondents answer questions in contingent valuation surveys, with a particular focus on how the procedure's estimates change based on the costs that the researcher specifies, the payment mechanism, and the scope of the environmental improvement. Other issues covered include whether the survey respondents make trade-offs between the program costs and benefits; and whether corrections can be applied to account for any misunderstanding of the questions by respondents and for the hypothetical nature of the survey. This book will appeal to environmental economists and students in environmental and resource economics. Government staff at environmental agencies and survey researchers will benefit from the close analysis of previous applications. Contributors include: J. Burrows, H.M. Chan, L. Daniel, W. Desvousges, P. Dixon, H.Foster, J. Genser, B. Israel, M. Kemp, E. Leamer, J. Lustig, D. McFadden, D. MacNair, J. Martin, K. Mathews, K. Myers, R. Newman, G. Parsons, J. Plewes, J. Schneider, K. Smith Fayne, T. Tomasi, K. Train

目次

Contents: Introduction Daniel McFadden and Kenneth Train 1. Response to cost prompts in stated preference valuation of environmental goods James Burrows, Powell Dixon and Hiu Man Chan 2. Fat tails and truncated bids in contingent valuation: an application to an endangered shorebird species George Parsons and Kelley Myers 3. Inadequate response to frequency of payments in contingent valuation of environmental goods Kelley Myers, George Parsons, and Kenneth Train 4. An adding-up test on contingent valuations of river and lake quality William Desvousges, Kristy Mathews and Kenneth Train 5. Do contingent valuation estimates of willingness to pay for non-use environmental goods pass the scope test with adequacy? A review of the evidence from empirical studies in the literature James Burrows, Rebecca Newman, Jerry Genser and Jeffrey Plewes 6. Stated preference methods and their applicability to environmental use and non-use valuations Daniel McFadden 7. Some findings from further exploration of the "composite good" approach to contingent valuation Michael Kemp, Edward Leamer, James Burrows and Powell Dixon 8. Inferences from stated preference surveys when some respondents do not compare costs and benefits Edward Leamer and Josh Lustig 9. Assessing the validity of stated preference data using follow-up questions Kelley Myers, Doug MacNair, Ted Tomasi and Jude Schneider 10. Hypothetical bias: a new meta-analysis Harry Foster and James Burrows 11. Legal obstacles for contingent valuation methods in environmental litigation Brian D. Israel, Jean Martin, Kelly Smith Fayne, and Lauren Daniel Index

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