Valuing Environmental and Natural Resources (Hardcover)
Language: English
Published by Edward Elgar Publishing Ltd, Cheltenham, 2002
- Hardcover
- New
Seller: AussieBookSeller, Truganina, VIC, AustraliaAussieBookSeller
AbeBooks seller since June 22, 2007
Condition: New
£ 277.36
Quantity: 1 available
Add to basketItem description from seller
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 our Sydney, NSW warehouse or from our UK or US warehouse, depending on stock availability.…
Seller Inventory # 9781840647044
- Title
- Valuing Environmental and Natural Resources (Hardcover)
- Author
- Kenneth E. McConnell
- Publisher
- Edward Elgar Publishing Ltd, Cheltenham
- Publication year
- 2002
- Condition
- new
- Binding
- Hardcover
- Language
- English
- ISBN 10
- 1840647043
- ISBN 13
- 9781840647044
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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AussieBookSeller
Truganina, VIC, Australia
AbeBooks seller since June 22, 2007
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The Nile Group Pty Ltd
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Truganina, VIC Australia 3029
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