Expressed Preference Methods of Environmental Valuation: Non-Market Resource Valuation Tools
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62156489%3A43410%2F19%3A43916274" target="_blank" >RIV/62156489:43410/19:43916274 - isvavai.cz</a>
Result on the web
<a href="http://utok.ldf.mendelu.cz/wcd/w-ldf-utok/publikace/jlm_2019_01.pdf" target="_blank" >http://utok.ldf.mendelu.cz/wcd/w-ldf-utok/publikace/jlm_2019_01.pdf</a>
DOI - Digital Object Identifier
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Alternative languages
Result language
angličtina
Original language name
Expressed Preference Methods of Environmental Valuation: Non-Market Resource Valuation Tools
Original language description
The objective of this paper was to give an overview of the expressed preference (EP) techniques of environmental valuation. These methods offer estimation of the value of a resource not necessarily willingness to pay (WTP) or willingness to Accept (WTA) compensation rather upper and lower values. The method of measuring individuals' willingness to pay is usually based on contingent valuation method (CVM). We focus on defining, categorizing, and applicability of various environmental valuation techniques that have been and can be applied in attaching value to a given resource using expressed/Revealed preference methods. The study serves as a supplementary synthesis and discussion to the board of knowledge of resource valuation methods. More specifically, selected methods discussed herein include; contingent valuation method, hedonic pricing model, travel cost method, trade-off game method, the costless-choice method, Delphi method, Replacement Cost Method, Relocation Cost Method, Opportunity cost method, and Cost-benefit Method. In the last part, applicability of the methods is fully illustrated to support future studies on resource valuation.
Czech name
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Czech description
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Classification
Type
J<sub>ost</sub> - Miscellaneous article in a specialist periodical
CEP classification
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OECD FORD branch
50704 - Environmental sciences (social aspects)
Result continuities
Project
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Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace
Others
Publication year
2019
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
Journal of Landscape Management
ISSN
1804-2821
e-ISSN
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Volume of the periodical
10
Issue of the periodical within the volume
1
Country of publishing house
CZ - CZECH REPUBLIC
Number of pages
10
Pages from-to
24-33
UT code for WoS article
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EID of the result in the Scopus database
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