Arbeitspapier
Valuing the environment
To determine the amount of environmental goods and services to provide or preserve, it is necessary to weigh society's degree of preference for the environment vis-à-vis other goods and services. This value measure serves to inform the decision-making and policy-making process and thereby justify the allocation of limited resources between competing uses. This paper provides an overview of economic valuation methods for environmental goods, with examples of real-world applications. Valuation methods include both demand and non-demand curve approaches, including the dose-response method, contingent valuation method, and hedonic pricing. The paper further discusses the damage schedules approach and benefits transfer in cases where conventional valuation methods are less suitable.
- Language
-
Englisch
- Bibliographic citation
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Series: ADBI Working Paper Series ; No. 1012
- Classification
-
Wirtschaft
Valuation of Environmental Effects
Allocative Efficiency; Cost-Benefit Analysis
Project Evaluation; Social Discount Rate
- Subject
-
economic valuation
environmental goods
non-demand curve approaches
demand curve approaches
pairwise comparison approach
benefits transfer
- Event
-
Geistige Schöpfung
- (who)
-
Quah, Euston
Tan, Tsiat Siong
- Event
-
Veröffentlichung
- (who)
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Asian Development Bank Institute (ADBI)
- (where)
-
Tokyo
- (when)
-
2019
- Handle
- Last update
-
10.03.2025, 11:46 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Quah, Euston
- Tan, Tsiat Siong
- Asian Development Bank Institute (ADBI)
Time of origin
- 2019
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