By M. Getzner
Equipment for elevating knowledge of the way human’s worth the surroundings diversity from financial valuation via to bigger public participation in judgements. during this book a team of foreign specialists discover cutting edge choices that are seriously evaluated and in comparison. classes are drawn from either the successes and screw ups of alternative ways. Case reports tackle a large choice of innovative environmental difficulties from agro-forestry and wetlands to weather switch, biodiversity and genetically transformed organisms.
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Extra info for Alternatives for Environmental Evaluation (Routledge Explorations in Environmental Economics)
The structure of this chapter is as follows. First, the elements of the ‘extended’ model of valuation are briefly discussed, presenting a focused literature review of the specific issues which build the basis of the empirical study presented in the second part of the chapter. Second, results of a valuation study designed to include ‘extended’ factors into the bid function are presented. g. 3 on page 38. g. g. ‘Biodiversity’, ‘Member’, ‘Donations’) Elements of the social context • Individual beliefs about the context of the referendum, personal contribution above/ below average (‘Referendum’, ‘Average’, ‘Majority’) • Attitudes to public goods (‘Public’, ‘Minority’) • Consumer vs citizen (‘Con_cit’) Extending the model The ‘standard ’ model of explaining WTP bids Stated behaviour • WTP in contingent markets • WTA • Other stated preferences A framework for valuing nature 25 26 Michael Getzner simple if the natural good ‘biodiversity’ can simply be exchanged for man-made capital (private goods, money).
Whether CJs are a process which can lead to the change of fundamental attitudes and preferences in relation to environmental policies is then a testable hypothesis. Niemeyer contends that preferences are shaped during deliberation by information, attitude and process. The chapter shows how to measure both changes to (rank ordered) preferences and the underlying subjectivity for those preferences (using Q method). The case study concerns a controversial ‘road’, the Bloomfield Track, constructed by politically influential developers through a rainforest in north Queensland, Australia, against the protests of conservationists.
Jacobs, M. (1997) ‘Environmental valuation, deliberative democracy and public decisionmaking institutions’, in J. ) Valuing Nature? Economics, Ethics and Environment, London, Routledge: 211–31. Kahneman, D. and A. Tversky (1979) ‘Prospect theory: an analysis of decision under risk’, Econometrica 47(2): 263–91. W. (1950) The Social Costs of Private Enterprise, New York, Shocken. , C. Nevin and N. ’ Environment and Planning C 19: 557–66. L. (1994) ‘Environmental valuation: some problems of wrong questions and misleading answers’, Environmental Values 3(4): 351–68.