Environmental and Resource Valuation with Revealed Preferences: A Theoretical Guide to Empirical Models

Author:   Nancy E. Bockstael ,  Kenneth E. McConnell
Publisher:   Springer
Edition:   Softcover reprint of hardcover 1st ed. 2007
Volume:   7
ISBN:  

9789048155330


Pages:   376
Publication Date:   28 October 2010
Format:   Paperback
Availability:   In Print   Availability explained
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Environmental and Resource Valuation with Revealed Preferences: A Theoretical Guide to Empirical Models


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Overview

Environmental and Resource Valuation with Revealed Preferences: A Theoretical Guide to Empirical Models provides a systematic review of those economic approaches for valuing the environment and natural resources that use information on what people do, not what they say. The authors have worked on models of revealed preferences for valuing environmental and natural resources for several decades and authored some of the seminal papers in the field. The book is a natural outcome of their conceptual contributions and their many years of experience in empirical policy research, natural resource damage litigation and teaching on the topic. The chief purpose of Environmental and Resource Valuation with Revealed Preferences is to collect in one place current thought on the various revealed preference approaches to environmental valuation and to subject these approaches to consistent theoretical critique.

Full Product Details

Author:   Nancy E. Bockstael ,  Kenneth E. McConnell
Publisher:   Springer
Imprint:   Springer
Edition:   Softcover reprint of hardcover 1st ed. 2007
Volume:   7
Dimensions:   Width: 15.50cm , Height: 2.00cm , Length: 23.50cm
Weight:   0.599kg
ISBN:  

9789048155330


ISBN 10:   9048155339
Pages:   376
Publication Date:   28 October 2010
Audience:   Professional and scholarly ,  Professional & Vocational
Format:   Paperback
Publisher's Status:   Active
Availability:   In Print   Availability explained
This item will be ordered in for you from one of our suppliers. Upon receipt, we will promptly dispatch it out to you. For in store availability, please contact us.

Table of Contents

Setting the Stage.- Welfare Economics for Price Changes.- The Concept of Weak Complementarity.- Implementing Weak Complementarity.- Measuring Welfare in Discrete Choice Models.- Hedonic Models of Heterogeneous Goods.- Hedonic Wage Analysis.- Public Goods in Household Production.- The Environment as an Input into Firms’ Production.- Some Broader Considerations.

Reviews

From the reviews: In this book, Bockstael and McConnell concisely synthesis the economic principles that must be followed for revealed preference methods to yield valid welfare measures. ... This book provides that grounding in a clear and concise way. In addition, this book will be a major time saver to applied environmental economists attempting to do theoretically sound empirical work. (John Loomis, Environmental and Resource Economics, Vol. 42, 2009)


From the reviews: In this book, Bockstael and McConnell concisely synthesis the economic principles that must be followed for revealed preference methods to yield valid welfare measures. ! This book provides that grounding in a clear and concise way. In addition, this book will be a major time saver to applied environmental economists attempting to do theoretically sound empirical work. (John Loomis, Environmental and Resource Economics, Vol. 42, 2009)


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