Valuing Environmental Amenities Using Stated Choice Studies

Lingua: inglese

Editore: Springer Netherlands, Springer Nov 2010, 2010

904817029X / 9789048170296

Da: buchversandmimpf2000, Emtmannsberg, BAYE, Germaniabuchversandmimpf2000

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This item is printed on demand - Print on Demand Titel. Neuware -When I was a graduate student, I fell in love with choice models. After years studying the econometrics of the standard linear model, discrete choice offered so many new, cool twists. With contingent valuation (CV) studies abounding, data was plentiful and varied. Every CV dataset had its own kinks and quirks that begged to be addressed through innovative modeling techniques. Dissertation topics were not scarce. We economists like to assume. There are jokes written about this. My assumption, as I slaved over the statistical properties of the double-bounded CV model, was that CV data was good data, representing valid economic choices made by survey respondents. Before I received my Ph.D., this assumption was called into question big time. In 1989, the Exxon-Valdez oil tanker spilled 11 million gallons of oil into Prince William Sound, Alaska. The accident killed a lot of birds, devastated fisheries, harmed area economies and ruined a reputation or two. It also changed the field of environmental valuation. What was once a research field dominated by environmental economists interested in obtaining nonmarket values for environmental amenities was now a legal battleground pitting environmental economists against ¿traditional¿ economists who were skeptical of the techniques and procedures used with CV. If Nobel prizes are indicators of quality ¿ and I¿m fairly certain they are ¿ the Exxon-Valdez oil spill drew the best and the brightest to scrutinize our field.Springer-Verlag GmbH, Tiergartenstr. 17, 69121 Heidelberg 352 pp. Englisch.

Codice articolo 9789048170296

Titolo
Valuing Environmental Amenities Using Stated Choice Studies
Autore
Barbara J. Kanninen
Editore
Springer Netherlands, Springer Nov 2010
Anno di pubblicazione
2010
Condizione
Neu
Rilegatura
Taschenbuch
Lingua
inglese
ISBN 10
904817029X
ISBN 13
9789048170296
Peso dell'articolo
534 grammi
Dimensioni
235x155x20 mm

buchversandmimpf2000

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