Expressed Preference Methods of Environmental Valuation: Non-Market Resource Valuation Tools

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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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&apos; 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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Type

J_ost - Miscellaneous article in a specialist periodical

CEP classification

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OECD FORD branch

50704 - Environmental sciences (social aspects)

Project

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Continuities

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Publication year

2019

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

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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