Tag Archives: contingent valuation

An Unnecessary Book on Environmental Economics?

Posted on April 14, 2019 by Adam Bailey

In the internet age, a collection of fine articles may not make a worthwhile book. Edward Elgar Publishing have recently published a seventh edition of Economics of the Environment: Selected Readings (1), a collection of 34 articles on a wide … Continue reading →

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A Valuation Case Study: the Great Barrier Reef

Posted on July 15, 2017 by Adam Bailey

A valuation of the Great Barrier Reef illustrates many common issues in the economics of environmental valuation. A recent report by Deloitte Access Economics (1) estimates the asset value of the Great Barrier Reef at A$56 billion (2).  This is … Continue reading →

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The Role of Contingent Valuation

Posted on January 21, 2013 by Adam Bailey

Contingent valuation is sometimes presented as applicable to any environmental good, unlike other valuation methods which can be used only in particular circumstances.  Recent thinking suggests a narrower role. A symposium in the Journal of Economic Perspectives (1) offers three … Continue reading →

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