This book provides a comprehensive review of environmental benefit transfer methods, issues and challenges, covering topics relevant to researchers and practitioners. Early chapters provide accessible introductory materials suitable for non-economists. These chapters also detail how benefit transfer is used within the policy process. Later chapters cover more advanced topics suited to valuation researchers, graduate students and those with similar knowledge of economic and statistical theory and methods. This book provides the most complete coverage of environmental benefit transfer methods available in a single location. The book targets a wide audience, including undergraduate and graduate students, practitioners in economics and other disciplines looking for a one-stop handbook covering benefit transfer topics and those who wish to apply or evaluate benefit transfer methods. It is designed for those both with and without training in economics

'. . . a very useful single source for those interested in environmental evaluation using choice models.' - David A. Hensher, Australian Journal of Environmental Management '. . . this book can serve as a firm basis to start understanding what CM is about. . .' - Jesús Barreiro Hurlé, European Review of Agricultural Economics Choice Modelling is a technique that has recently emerged as a means of estimating the demand for environmental goods and the benefits and costs associated with them. The aims of the book are fourfold: * to introduce the technique in the environmental context * to demonstrate its use in a range of case studies * to provide insights into some methodological issues * to explore the prospects for the technique.

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 policymaking. 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.

This volume offers a snapshot of the research that is ongoing in the area of value transfer. It provides relevant input for increasing the quality of cost-benefit analyses of projects with environmental and health impacts. The volume includes papers by some of the most influential authors in the area and covers the latest developments in the field.

This book explores recent developments in environmental cost-benefit analysis (CBA). This is defined as the application of CBA to projects or policies that have the deliberate aim of environmental improvement or are actions that affect, in some way, the natural environment as an indirect consequence

. . . a text detailing several recent, state-of-the-art choice experiment studies in European Union countries is valuable for illustrating the usefulness of the method for informing environmental policy. . . Birol and Koundouri have admirably compiled an array of case studies that provide relevant information for European environmental, agricultural, natural resource management and food policy, and that also offer a number of advances in the application and analysis of the CEM. The text is suitable for academics and graduate students with an interest in current applications of stated preference methods and for policy-makers interested in understanding people s preferences for environmental quality. . . Bethany Cooper, Australasian Journal of Environmental Management This volume provides an assessment of the literature on environmental valuation in Europe. It outlines some of the key environmental policy issues facing European Union countries and provides information on preferences and values associated with policy options. It also provides a set of state of the art examples of preference elicitation and analysis. This volume will be of interest to a variety of audiences. The book provides insights that will be useful to policy makers interested in understanding the public s preferences for environmental quality and it will be useful to academics and graduate students interested in cutting edge applications of stated preference methods. Wictor Adamowicz, University of Alberta, Canada This innovative book is a compilation of state-of-the-art choice experiment studies undertaken in several European Union (EU) countries, including Finland, France, Greece, Ireland, Italy, Poland, Spain and the United Kingdom. The case studies presented concern a variety of environmental, agricultural and natural resource issues such as the management of water resources, forests and agricultural landscapes; conservation of biodiversity and cultural heritage; noise pollution reduction and food labeling. The book highlights how the choice experiment method can be employed to inform efficient and effective design and implementation of various EU level agricultural and environmental policies and directives, including the Common Agricultural Policy, Water Framework Directive, Forestry Strategy, Habitats Directive and food labeling systems. This book will be of great interest to researchers working in the fields of environmental, natural resource and agricultural economics. Academics and graduate students worldwide, as well as applied economists working in international and national organizations, would benefit from the cutting edge choice experiment applications presented in this book. International and national policy makers will also benefit from the information on the use and usefulness of the choice experiment method in informing efficient and effective environmental, agricultural and natural resource management policy making.

This is a practical book with clear descriptions of the most commonly used nonmarket methods. The first chapters of the book provide the context and theoretical foundation of nonmarket valuation along with a discussion of data collection procedures. The middle chapters describe the major stated- and revealed-preference valuation methods. For each method, the steps involved in implementation are laid out and carefully explained with supporting references from the published literature. The final chapters of the book examine the relevance of experimentation to economic valuation, the transfer of existing nonmarket values to new settings, and assessments of the reliability and validity of nonmarket values. The book is relevant to individuals in many professions at all career levels. Professionals in government agencies, attorneys involved with natural resource damage assessments, graduate students, and others will appreciate the thorough descriptions of how to design, implement, and analyze a nonmarket valuation study.

In an area where feelings often run high, the author has produced a judicious assessment of the challenges to placing a value on environmental goods without a clear market value. Thoughtfully written, Redesigning Environmental Valuation draws on research from multiple disciplines, in creating a rigorous, nuanced approach to ensuring that important consequences are not neglected. In so doing, it shows the way toward integrative social sciences. Baruch Fischhoff, Carnegie Mellon University, US This excellent book will reinvigorate interest in environmental valuation by economists and other social scientists. Its focus is clear it highlights the challenges that face valuation researchers and describes new and better ways of estimating values for the environment by drawing on methods that have evolved in other disciplines. A must read for all researchers interested in environmental valuation. Douglas C. MacMillan, University of Kent, UK This comprehensive volume explores the extent to which the challenges facing stated preference environmental valuation can be overcome through mixing methods. In redesigning stated preference, two approaches are considered: mixing methods within conventional stated preference; and then moving away from the conventional to explore the use of group methods within preference construction and forming a social consensus on willingness to pay. These approaches are assessed in the light of qualitative findings evaluating the applicability of environmental valuation. Providing a step-by-step guide to mixing methods within stated preference surveys, this book will appeal to environmental valuation practitioners and students undertaking post-graduate research into environmental valuation. It will also be of interest to students and practitioners involved in environmental science or related environmental fields.

Buying and Selling the Environment: How to Design and Implement a PES Scheme provides a guide to the design and implementation of PES schemes that 'mimic' market processes, including three key elements: the estimation of the demand for environmental services, an understanding of the costs of supply, and how to predict the productivity of actions taken. This book will act as an instructional manual for practitioners, policymakers and their advisors in government and non-government organizations. Users will find a step-by-step demonstration based on firsthand experiences gained through a PES application at two case study sites. Finally, the book presents research in applied economics and bio-physical modeling. - Presents original and novel research in PES scheme design and implementation - Provides an instructional manual for practitioners, policymakers and their advisors - Includes case study that is based on the practical application of rigorous concepts

This book applies cost-benefit analysis techniques in the management of environment and natural resources in developing countries of the Southeast Asian region and presents a compendium of studies conducted by researchers supported by the Economy and Environment Program for Southeast Asia (EEPSEA). It emphasizes the close relationship between the environment and natural resources and economic development in such countries, addressing a wide range of problems that can be understood using economic evaluation techniques. General guidelines for conducting economic appraisals are provided, with the case studies illustrating how they can be applied in a developing country context. Cost-Benefit Analysis Application in Environmental and Natural Resource Management in Southeast Asia serves as essential reading for teachers, researchers, students and practitioners in environmental and natural resource economics, economic development and key issues facing policymakers in the Southeast Asian region.