Weitere Kapitel dieses Buchs durch Wischen aufrufen
Nonmarket valuation, i.e., valuing environmental goods and services that are not traded in a market, has been increasingly used in a variety of policy and decision-making contexts. This is one (but not the only) way that researchers and practitioners have sought to define and measure the values that individuals assign to environmental goods and services. The idea of putting a dollar value on protecting the environment has been controversial, but often because the economic approach to valuation has not been well-understood. This chapter provides a nontechnical overview of and rationale for the economic approach to valuation, starting from a broad conceptualization of values versus valuation. It summarizes the economic concept of value and its key features. It then discusses the use of economic valuation in decision making, followed by an overview of the steps involved in the valuation process and important issues that arise in implementing that process. Finally, it identifies and briefly summarizes the principal non-market valuation methods used by economists. In doing so, it sets the stage for the more detailed chapters on theory and methods that follow.
Bitte loggen Sie sich ein, um Zugang zu diesem Inhalt zu erhalten
Sie möchten Zugang zu diesem Inhalt erhalten? Dann informieren Sie sich jetzt über unsere Produkte:
Adamowicz, W. (2004). What’s it worth? An examination of historical trends and future directions in environmental valuation. Australian Journal of Agricultural and Resource Economics, 48, 419-443.
Adamowicz, W., Louviere, J. & Williams, M. (1994). Combining revealed and stated preference methods for valuing environmental amenities. Journal of Environmental Economics and Management, 26, 271-292.
Agarwal, N., Banternghansa, C. & Bui, L. T. M. (2010). Toxic exposure in America: Estimating fetal and infant health outcomes from 14 years of TRI reporting. Journal of Health Economics, 29, 557-574.
Arrow, K. J., Cropper, M. L., Eads, G. C., Hahn, R. W., Lave, L. B., Noll, R. G., et al. (1996). Is there a role for benefit-cost analysis in environmental, health, and safety regulation? Science, 272 (April), 221-222.
Benhabib, J., Bisin, A. & Schotter, A. (2010). Present-bias, quasi-hyperbolic discounting, and fixed costs. Games and Economic Behavior, 69, 205-223.
Bockstael, N. E., Freeman, A. M. III, Kopp, R. J., Portney, P. R. & Smith, V. K. (2000). On measuring economic values for nature. Environmental Science and Technology, 34, 1384-1389.
Brookshire, D. S., Eubanks, L. S. & Randall, A. (1983). Estimating option prices and existence values for wildlife resources. Land Economics, 59, 1-15.
Brown, T. C. (1984). The concept of value in resource allocation. Land Economics, 60, 231-246.
Brown, T. C., Bergstrom, J. C. & Loomis, J. B. (2007). Defining, valuing, and providing ecosystem goods and services. Natural Resources Journal, 47, 329-376.
Cameron, T. A. (2010). Euthanizing the value of a statistical life. Review of Environmental Economics and Policy, 4, 161-178.
Cameron, T. A. & DeShazo, J. R. (2013). Demand for health risk reductions. Journal of Environmental Economics and Management, 65, 87-109.
Carpenter, S., Defries, R., Dietz, T., Mooney, H. A., Polasky, S., Reid, W. V., et al. (2006). Millennium ecosystem assessment: Research needs. Science, 314, 257-258.
Carson, R. T. (2012). Contingent valuation: A comprehensive bibliography and history. Cheltenham, United Kingdom: Edward Elgar Publishing.
Cerda, C., Barkmann, J. & Marggraf, R. (2013). Application of choice experiments to quantify existence value of an endemic moss: A case study in Chile. Environment and Development Economics, 18, 207-224.
Common, M., Reid, I. & Blamey, R. (1997). Do existence values for cost benefit analysis exist? Environmental and Resource Economics, 9, 225-238.
Cooper, P., Poe, G. L. & Bateman, I. J. (2004). The structure of motivation for contingent values: A case study of lake water quality improvement. Ecological Economics, 50, 69-82.
Costanza, R., d’Arge, R., de Groot, R., Farber, S. & Grasso, M., Hannon, et al. (1997). The value of the world’s ecosystem services and natural capital. Nature, 387, 253-260.
Cropper, M. L. (2012). How should benefits and costs be discounted in an intergenerational context? Resource for the Future Discussion Paper, RFF DP 12-42, Washington, DC.
Currie, J. & Neidell, M. (2005). Air pollution and infant health: What can we learn from California’s recent experience? The Quarterly Journal of Economics, 120, 1003-1030.
Daily, G. C. (Ed.) (1997). Nature’s services: Societal dependence on natural ecosystems. Washington, DC: Island Press.
Daily, G. & Ellison, K. (2002). The new economy of nature: The quest to make conservation profitable. Washington, DC: Island Press.
Dietz, T., Fitzgerald, A. & Shwom, R. (2005). Environmental values. Annual Review of Environment and Resources, 30, 335-372.
Freeman, A. M. III., Herriges, J.A. & Kling, C.L. (2014). The measurement of environmental and resource values: Theory and methods (3rd ed.). Washington, DC: RFF Press.
Hausman, J. (2012). Contingent valuation: From dubious to hopeless. Journal of Economic Perspectives, 26 (4), 43-56.
Heal, G. (2000). Nature and the marketplace: Capturing the value of ecosystem services. Washington, DC: Island Press.
Heal, G. (2005). Intertemporal welfare economics and the environment. In K.-G. Mäler & J. Vincent (Eds.), Handbook of environmental economics, Vol. 3: Economywide and international environmental issues (pp. 1105-1145). Amsterdam: Elsevier.
Heal, G. (2009). Climate economics: A meta-review and some suggestions for future research. Review of Environmental Economics and Policy, 3, 4-21.
Johansson-Stenman, O. (2005). Distributional weights in cost -benefit analysis: Should we forget about them? Land Economics, 81, 337-352.
Johnston, R. J., Segerson, K., Schultz, E. T., Besedin, E. Y. & Ramachandran, M. (2011). Indices of biotic integrity in stated preference valuation of aquatic ecosystem services. Ecological Economics, 70, 1946-1956.
Just, R. E., Hueth, D. L. & Schmitz, A. (2004). The welfare economics of public policy: A practical approach to project and policy evaluation. Cheltenham, United Kingdom: Edward Elgar Publishing.
Kling, C. L., Phaneuf, D. J. & Zhao, J. (2012). From Exxon to BP: Has some number become better than no number? Journal of Economic Perspectives, 26 (4), 3-26.
Kopp, R. J. & Smith, V. K. (Eds.) (1993). Valuing natural assets: The economics of natural resource damage assessment. Washington, DC: RFF Press.
Lichtenstein, S. & Slovic, P. (Eds.) (2006). The construction of preferences. New York: Cambridge University Press.
McVittie, A. & Moran, D. (2010). Valuing the non-use benefits of marine conservation zones: An application to the UK Marine Bill. Ecological Economics, 70, 413-424.
Millennium Ecosystem Assessment. (2005). Ecosystems and human well-being: A framework for assessment. Washington, DC: Island Press.
National Research Council. (2005). Valuing ecosystem services: Toward better environmental decision-making. Washington, DC: National Academies Press.
Polasky, S. & Segerson, K. (2009). Integrating ecology and economics in the study of ecosystem services: Some lessons learned. Annual Review of Resource Economics, 1, 409-434.
Portney, P. R. (1994). The contingent valuation debate: Why economists should care. Journal of Economic Perspectives, 8 (4), 3-17.
Smith, V. K. (Ed.) (1984). Environmental policy under Reagan’s executive order: The role of benefit-cost analysis. Chapel Hill: University of North Carolina Press.
Smith, V. K. (1993). Nonmarket valuation of environmental resources: An interpretive appraisal. Land Economics, 69, 1-26.
Spash, C. L. (2006). Non-economic motivation for contingent values: Rights and attitudinal beliefs in the willingness to pay for environmental improvements. Land Economics, 82, 602-622.
Toman, M. (1998). Why not to calculate the value of the world’s ecosystem services and natural capital. Ecological Economics, 25, 57-60.
U.S. Environmental Protection Agency. (2009). Valuing the protection of ecological systems and services: A report of the EPA Science Advisory Board. EPA-SAB-09-012, Washington, DC.
Viscusi, W. K. (2009). Valuing risks of death from terrorism and natural disasters. Journal of Risk and Uncertainty, 38, 191-213.
Zhao, J. & Kling, C. L. (2009). Welfare measures when agents can learn: A unifying theory. The Economic Journal, 119, 1560-1585.
- Valuing Environmental Goods and Services: An Economic Perspective
- Springer Netherlands
- Chapter 1
Neuer Inhalt/© Stellmach, Neuer Inhalt/© Maturus, Pluta Logo/© Pluta, digitale Transformation/© Maksym Yemelyanov | Fotolia