Valuing Environmental and Natural Resources: The Econometrics of Non-market Valuation (New Horizons in Environmental Economics series) - Hardcover
Synopsis
Non-market valuation has become a broadly accepted and widely practiced means of measuring the economic values of the environment and natural resources. In this book, the authors provide a guide to the statistical and econometric practices that economists employ in estimating non-market values.
The authors develop the econometric models that underlie the basic methods: contingent valuation, travel cost models, random utility models and hedonic models. They analyze the measurement of non-market values as a procedure with two steps: the estimation of parameters of demand and preference functions and the calculation of benefits from the estimated models. Each of the models is carefully developed from the preference function to the behavioral or response function that researchers observe. The models are then illustrated with datasets that characterize the kinds of data researchers typically deal with.
The real world data and clarity of writing in this book will appeal to environmental economists, students, researchers and practitioners in multilateral banks and government agencies.
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About the Author
Timothy C. Haab, Assistant Professor, Department of Agricultural, Environmental and Development Economics, Ohio State University, US and Kenneth E. McConnell, Professor, Department of Agricultural and Resource Economics, University of Maryland, College Park, US
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Valuing Environmental and Natural Resources
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Valuing Environmental and Natural Resources
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Valuing Environmental and Natural Resources (Hardcover)
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Hardcover. Condition: new. Hardcover. Non-market valuation has become a broadly accepted and widely practised means of measuring the economic values of the environment and natural resources. This book provides a guide to the statistical and econometric practices that economists employ in estimating non-market values. The authors develop the econometric models that underlie the basic methods: contingent valuation, travel cost models, random utility models and hedonic models. They analyze the measurement of non-market values as a procedure with two steps: the estimation of parameters of demand and preference functions and the calculation of benefits from the estimated models. Each of the models is carefully developed from the preference function to the behavioural or response function that researchers observe. The models are then illustrated with datasets that characterize the kinds of data researchers typically deal with. Non-market valuation has become a broadly accepted and widely practiced means of measuring the economic values of the environment and natural resources. In this book, the authors provide a guide to the statistical and econometric practices that economists employ in estimating non-market values. Shipping may be from multiple locations in the US or from the UK, depending on stock availability. Seller Inventory # 9781840647044
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Valuing Environmental and Natural Resources
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Hardback. Condition: New. Non-market valuation has become a broadly accepted and widely practiced means of measuring the economic values of the environment and natural resources. In this book, the authors provide a guide to the statistical and econometric practices that economists employ in estimating non-market values.The authors develop the econometric models that underlie the basic methods: contingent valuation, travel cost models, random utility models and hedonic models. They analyze the measurement of non-market values as a procedure with two steps: the estimation of parameters of demand and preference functions and the calculation of benefits from the estimated models. Each of the models is carefully developed from the preference function to the behavioral or response function that researchers observe. The models are then illustrated with datasets that characterize the kinds of data researchers typically deal with. The real world data and clarity of writing in this book will appeal to environmental economists, students, researchers and practitioners in multilateral banks and government agencies. Seller Inventory # LU-9781840647044
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Gebunden. Condition: New. Non-market valuation has become a broadly accepted and widely practiced means of measuring the economic values of the environment and natural resources. In this book, the authors provide a guide to the statistical and econometric practices that economists e. Seller Inventory # 597051047