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Handbook of Environmental Economics, Volume 2: Valuing Environmental Changes
 
 

Handbook of Environmental Economics, Volume 2: Valuing Environmental Changes [Hardcover]

Karl-Göran Mäler (Editor), Jeffrey R. Vincent (Editor)

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Book Description

0444511458 978-0444511454 January 4, 2006 1
Much applied environmental economics is concerned with the valuation of changes in environmental quality. Obtaining reliable valuation estimates requires attention to theoretical and econometric issues that are often quite subtle. Volume 2 of the Handbook of Environmental Economics presents both the theory and the practice of environmental valuation. It synthesizes the vast literature that has accumulated since the publication of the Handbook of Natural Resource and Energy Economics two decades ago. It includes chapters on individual valuation methods written by researchers responsible for fundamental advances in those methods. It also includes cross-cutting chapters that deal with aspects of welfare theory, uncertainty, experimental methods, and public health that are pertinent to valuation. Throughout the volume, attention is paid to research and policy issues that arise not only in high-income countries, where most of the theory and econometrics that underlie applied valuation methods have been developed, but also in poorer parts of the world. The volume provides a state-of-the-art reference for scholars and practitioners alike.

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Handbook of Environmental Economics, Volume 2: Valuing Environmental Changes + Handbook of Environmental Economics, Volume 3: Economywide and International Environmental Issues + Handbook of Environmental Economics, Volume 1: Environmental Degradation and Institutional Responses
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Editorial Reviews

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"Summarizing this handbook, it is obviously more theoretically oriented, but as in the industrial organization a lot of theoretical problems have to be analyzed carefully, and this is done in these chapters. Hence, I can highly recommend this handbook to every reader who is interested in a more theoretical treatment in this area."--Public Choice 2010, vol. 145 PP319


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Inside This Book (learn more)
First Sentence:
Public policies that lead to a reduction in the emissions of air and water pollutants or the protection of sensitive ecosystems presumably increase the well-being of many members of society, but they generally also impose costs which translate into reductions in well-being for other members of society. Read the first page
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
hedonic price schedule, surrogate bidding, initial resource use, binary discrete choice question, different elicitation formats, latent separability, recreation demand modeling, expected utility locus, imposed quantity changes, site demand models, locational equilibrium models, corner solution models, property value models, equilibrium price schedule, uncompensated inverse demand, recreation demand models, regulatory dollars, travel cost demand model, hedonic wage function, weak complementarity, expected utility curve, hedonic wage equation, scope insensitivity, stochastic substitution, property value studies
Key Phrases - Capitalized Phrases (CAPs): (learn more)
Journal of Environmental, New York, Land Economics, American Economic Review, American Journal of Agricultural Economics, Journal of Political Economy, Edward Elgar, Environmental Protection Agency, Cambridge University Press, Journal of Urban Economics, Economic Journal, Johns Hopkins University Press, Oxford University Press, Quarterly Journal of Economics, United States, Kluwer Academic, World Bank, Harvard University, Water Resources Research, University of California, Academic Press, Department of Economics, Contents Abstract, Handbook of Environmental Economics, Journal of Economic Literature
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