Valuing Environmental and Natural Resources: The Econometrics of Non-Market Valuation available in Hardcover
- Pub. Date:
- Elgar, Edward Publishing, Inc.
Haab (agricultural, environmental, and development economics, Ohio State U.) and McConnell (agricultural and resource economics, U. of Maryland, USA) present empirical approaches to non-market valuation, covering the areas of stated preferences and behavioral approaches. The most widely used and established models are covered in much greater depth than more marginal methods. Topics include parametric models for contingent valuation, distribution-free models for contingent valuation, the distribution of willingness to pay, modeling the demand for recreation, single site demand estimation, site choice models, and hedonic price equations. Annotation c. Book News, Inc., Portland, OR