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At the beginning of the twenty-first century, a growing struggle
has arisen between those who would like to repeal existing
environmental policy and those who would like to see greater
environmental protection. On both sides, however, many of the
arguments remain grounded in ideology. This book attempts to
moderate the conflict by exploring methods to accurately measure
and assess the effectiveness of environmental policies.Does
Environmental Policy Work? examines our ability to assess the
impact of environmental policies on the environment in particular,
and on social welfare in general. The distinguished authors explore
the theory of assessment, concentrating primarily on a conceptual
examination of the evaluation process. They extend existing tools
and identify alternative indicators and methods of appraisal. The
focus then shifts to the use of these tools in real-world policy
situations by applying them to a series of case studies from
Africa, North America, South America, Europe and Asia. Although the
authors base their assessment predominantly on economic efficiency,
they also pay due regard to other interdisciplinary approaches and
decision-making criteria. This comprehensive exploration of the
theory and practice of environmental assessment will be of great
interest to scholars of environmental economics, ecological
economics and environmental science. The book will also provide
guidance and direction for practitioners in the fields of
environmental policy and management on how to effectively measure
the outcomes of environmental policies.
Contingent valuation analysis is both a difficult and controversial
means of environmental resource valuation. Yet many economists
regard it as the only valid means of measuring values in
environmental policy.This major new book contains a collection of
papers that examine the current state-of-the-art in the valuation
of environmental resources. In particular, they assess the
meaningfulness of environmental resource values obtained through
the contingent valuation method. An internationally prominent group
of scholars develops a fuller understanding of the strengths and
weaknesses of the methodology and discusses a research agenda to
improve estimates of environmental resource values. Economic value
and the ability to obtain it through the survey measurement of
consumer preferences is central to their discussion. Issues covered
include the need for a broad perspective in valuation research,
support for replication studies, the relationship between survey
structure and survey responses, the processes by which
environmental resources affect individual well-being, specific
issues regarding environmental goods in surveys, and better tests
of internal and external validity. The current state-of-the-art is
outlined in a series of core papers and then debated in discussion
papers. This major book describes how practitioners, critics, and
users of contingent valuation have framed the fundamental issues
that must be solved if the approach is to gain wider acceptance.
The Handbook on Contingent Valuation is unique in that it focuses
on contingent valuation as a method for evaluating environmental
change. It examines econometric issues, conceptual underpinnings,
implementation issues as well as alternatives to contingent
valuation. Anna Alberini and James Kahn have compiled a
comprehensive and original reference volume containing invaluable
case studies that demonstrate the implementation of contingent
valuation in a wide variety of applications. Chapters include those
on the history of contingent valuation, a practical guide to its
implementation, the use of experimental approaches, an ecological
economics perspective on contingent valuation and approaches for
developing nations.The Handbook also contains:<>P discussions
of underlying theory both contingent valuation and conjoint
analysis comparisons of real and hypothetical data using
experimental approaches an examination of survey structure issues
developing country focus critical essays concerning the ethical
basis of contingent valuation. This new reference book will be
warmly welcomed by academics in environmental economics,
environmental professionals in government, consulting firms and
NGOs. Graduate and undergraduate students in economics,
environmental studies and environmental policy will also find this
an ever valuable resource.
This Oxford Encyclopedia of Environmental Economics focuses on the
most important research topics in environmental and natural
resource economics, with a treatment of close to 100 different
research areas. Each chapter offers a critical analysis of key
contributions to the field. The contributions, authored by experts
from institutions around the world, are useful for informing policy
as well as future research. The chapters will prove a vital point
of demarcation for researchers and practitioners. It will be a good
foundation for researchers who want to extend the frontiers of the
state of the art in a given area of research, as well as those who
want to base their empirical work on the best possible theoretical
pillars. Practitioners can more effectively develop policy, as they
see the documentation of cause and effect relationships in the
appropriate chapters. The chapters are an ideal starting point for
Ph.D. students developing thesis topics. Professors will want to
assign chapters in the encyclopedia to undergraduate and graduates
students in classes in environmental economics, natural resource
economics, fishery economics, forest economics, economic
development, health economics and sustainability. Students will
find the chapters useful as a starting point for writing research
papers in these classes.
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