Non-market environmental valuation (NMEV) is undergoing a period of increased growth in both application and development as a result of increasing recognition of the role of economics in environmental policy issues. Against this backdrop, The International Handbook on Non-Market Environmental Valuation brings together world leaders in the field to advance the development and application of NMEV as a tool for policy-making. The expert contributors provide insights into the state of the art across the spectrum of both revealed and stated preference methods and highlight new directions being taken. A sequence of topical applications demonstrate various techniques and illustrate what can be achieved using NMEV: deliberately diverse case studies are drawn from Europe, North America, Asia and Australia with valuation targets ranging across use and non-use values of the environment. A number of reviews of cutting-edge issues are also presented. This outstanding resource will enable those interested in environmental valuation from theoretical, practical or policy perspectives to bring themselves to the forefront of developments and practice. As such, this Handbook will prove invaluable to a wide-ranging audience encompassing academics, researchers, students, practitioners and consultants involved in environmental economics and NMEV.
Contents: 1. The Rise and Rise of Non-market Environmental Valuation Jeff Bennett 2. Using Hedonic Pricing for Estimating Compensation Payments for Noise and Other Externalities from New Roads Stale Navrud and Jon Strand 3. A Hedonic Price Model of Coral Reef Quality in Hawaii Roy Brouwer, Sebastiaan Hess, Yi Liu, Pieter van Beukering and Sonia Garcia 4. Applying the Travel Cost Method to Minorca Beaches: Some Policy Results Pere Riera, Kenneth E. McConnell, Marek Giergiczny and Pierre-Alexandre Mahieu 5. The Role of Water Quality Perceptions in Modelling Lake Recreation Demand Yongsik Jeon, Joseph A. Herriges and Catherine L. Kling and John Downing 6. Testing the Robustness of Contingent Valuation Estimates of WTP to Survey Mode and Treatment of Protest Responses John Loomis, Armando Gonzalez-Caban and Joseph Champ 7. Consequentiality and Contingent Values: An Emerging Paradigm Gregory L. Poe and Christian A. Vossler 8. Decision versus Experiences Utility: An Investigation Using the Choice Experiment Method Dugald Tinch, Sergio Colombo and Nick Hanley 9. Bioindicator-based Stated Preference Valuation for Aquatic Habitat and Ecosystem Service Restoration Robert J. Johnston, Eric T. Schultz, Kathleen Segerson and Elena Y. Besedin 10. Efficiency versus Bias: The Role of Distributional Parameters in Count Contingent Behaviour Models Jeffrey Englin, Arwin Pang and Thomas Holmes 11. Estimation of Household Water Demand with Merged Revealed and Stated Preference Data Jeremy Cheesman and Jeff Bennett 12. Preference Heterogeneity and Non-market Benefits: The Roles of Structural Hedonic and Sorting Models H. Allen Klaiber and V. Kerry Smith 13. Dealing with Scale and Scope Issues in Stated Preference Experiments John Rolfe and Xuehong Wang 14. Experimental Design Strategies for Stated Preference Studies Dealing with Non Market Goods John M. Rose, Stuart Bain and Michiel C.J. Bliemer 15. Incentive and Information Properties of Preference Questions: Commentary and Extensions Richard T. Carson and Theodore Groves 16. Valid Value Estimates and Value Estimate Validation: Better Methods and Better Testing for Stated Preference Research Ian J. Bateman 17. Evaluating Benefit Transfer for Canadian Water Quality Improvements Using US/Canada Metadata: An Application of International Meta-analysis Paul J Thomassin and Robert J. Johnston
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