Environmental Resource Valuation: Applications of the Contingent Valuation Method in Italy

Author:   Richard C. Bishop ,  Donato Romano
Publisher:   Springer-Verlag New York Inc.
Edition:   Softcover reprint of the original 1st ed. 1998
Volume:   11
ISBN:  

9781461376309


Pages:   286
Publication Date:   04 October 2012
Format:   Paperback
Availability:   Manufactured on demand   Availability explained
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Environmental Resource Valuation: Applications of the Contingent Valuation Method in Italy


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Overview

Economic values are increasingly used in policy analysis and legal settings. With the growing recognition that many of the things that benefit or harm people are outside the market system, have come increasing efforts to develop nonmarket valuation techniques. One such technique is the contingent valuation method (CVM). CVM seeks to value environmental and other nonmarket goods and services by asking individuals about their values using survey methods. These procedures are different from the `revealed-preference' methods that economists have historically employed to estimate economic values. Why depart from well-established revealed-preference procedures and apply a `stated-preference' method like CVM? For nonmarket goods and services, revealed-preference methods have two shortcomings that those applying CVM hope to avoid. First, revealed-preference methods involve econometric problems that have yet to be fully overcome. The second shortcoming of revealed-preference methods is that such methods, when applied to environmental amenities, are likely to be only partial measures of value. Given the tremendous interest that exists in economic values and the limitations of revealed-preference methods, it is not surprising that interest in CVM has grown rapidly. Environmental Resource Valuation reviews the application of CVM and compares American experiences in nonmarket evaluation with those in other countries.

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Author:   Richard C. Bishop ,  Donato Romano
Publisher:   Springer-Verlag New York Inc.
Imprint:   Springer-Verlag New York Inc.
Edition:   Softcover reprint of the original 1st ed. 1998
Volume:   11
Dimensions:   Width: 15.50cm , Height: 1.60cm , Length: 23.50cm
Weight:   0.468kg
ISBN:  

9781461376309


ISBN 10:   1461376300
Pages:   286
Publication Date:   04 October 2012
Audience:   Professional and scholarly ,  Professional & Vocational
Format:   Paperback
Publisher's Status:   Active
Availability:   Manufactured on demand   Availability explained
We will order this item for you from a manufactured on demand supplier.

Table of Contents

I: Introduction to CVM in Italy.- 1. Introduction.- 2. A Review of Cvm Environmental Applications In Italy.- II: Conceptual Issues.- 3 Total Economic Value and Evaluation Techniques.- 4 Cognitive Representations of Total Value in a Cvm Framework: a Critical Review of The Literature.- 5 Paternalism Vs. Consumer Sovereignty in the Economic Appraisal of Non-market Goods.- III: Wildlife Applications.- 6 The Economic Value of Wildlife (Game And Non-Game): Two Cvm Case Studies From Northeastern Italy.- 7 The Economic Value of Hunting in Florence Province.- 8 The Economic Value of Hunting Activity: a Cvm Study at Tonezza Del Cimone (Vicenza) Alpine Preserve.- 9 Valuing Birdwatching in a Mediterranean Wetland.- IV: Other Applications.- 10 Individual Wtps for Reductions in Cancer Death Risks.- 11 The Economic Value of Rural Landscape: an Application to the Area Between Isonzo and Tagliamento Rivers (Friuli-Venezia Giulia).- 12 Kernel Vs. Logit Modeling of Single Bounded Cv Responses: Valuing Access to Architectural and Visual Arts Heritage in Italy.- 13 Categorical Nesting and Information Effects on Wtp Estimates for The Conservation of Cultural Heritage in Campi Flegrei.- V: Current Status and Outlook.- 14 Reflections on Validity and the Italian Experience with Contingent Valuation.- Author Index.

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