The Contingent Valuation of Natural Parks : Assessing the Warmglow Propensity Factor

By: Paulo A.L.D. Nunes

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Hardcover | 1 January 2002

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288 Pages

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23.4 x 15.6 x 3.81

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The contingent valuation technique for measuring the economic value of environmental goods and services has become increasingly popular in recent years and has many advantages over other revealed or stated preference methods. It has been criticised, however, for being inconsistent with economic theory by reflecting altruistic motives and moral obligations. This title examines the role of the "warmglow" effect (the pleasure derived from giving to good causes or being concerned about the environment) in contingent valuation (cv) studies and examines whether warmglow is an underlying force in CV responses.

Industry Reviews

'Paulo Nunes provides a detailed and innovative book outlining a contingent valuation (CV) study investigating warm glow. . . This is a very detailed account of a state-of-the-art application of the CV method. If you are embarking on your first CV study as a PhD student or otherwise, then this excellent book may be invaluable.' -- Neil Powe, Environment and Planning B: Planning and Design
'Paulo Nunes provides an innovative and insightful study that puts forward a method for detecting and correcting warmglow effects in contingent valuation. While readers are being taken on this hunt for warmglow, they are treated to a thorough explanation of how a CVM instrument is designed, refined, implemented and statistically tested for robustness using parametric and non-parametric approaches. The survey instrument provided in the appendix is an added bonus for those wanting to implement his warmglow detection and correction method. It is simply "unbelievable" how much information is packed into this volume. It is a good read and contains sections that will be useful for those designing their first CVM survey, as well as veterans interested in trying out the author's method for detecting and correcting for warmglow.' -- John B. Loomis, Colorado State University, US

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List of Figures
List of Tables
List of Abbreviations and Symbols
Preface
Economic Valuation, Warmglow and Preference Modelling	p. 1
Values, Valuation Methods and Contingent Valuation: An Overview	p. 3
Evaluating CV Measurement Validity: Separating the Light from the Heat	p. 21
Modelling Consumer Preferences	p. 43
Survey Design and Implementation	p. 69
Preliminary Design Research	p. 71
Structure of the Final Survey Instrument	p. 85
Survey Execution	p. 99
Analysis of the Survey Results	p. 103
Descriptive Analysis of the Survey Responses	p. 105
Non-parametric Testing Procedures of the Stated WTP Responses	p. 113
A Univariate Estimation of the Stated WTP Responses	p. 123
Operationalization of Consumer Motivations	p. 135
The Valuation Function	p. 147
Conclusions	p. 165
Appendices and Bibliography	p. 171
Derivation of Comparative Static Results	p. 173
Comprehension Index	p. 184
The Survey Instrument: Questionnaire and Visual Aid	p. 185
Public Opinion With Respect to Government Policy Issues	p. 229
Information Context: Multivariate Regression Analysis	p. 231
Factor Analysis	p. 233
Warmglow Payment Vehicle Cross Effect: Estimation Results	p. 237
Bibliography	p. 239
Index	p. 251
Table of Contents provided by Blackwell. All Rights Reserved.

The Contingent Valuation of Natural Parks : Assessing the Warmglow Propensity Factor

At a Glance

Hardcover

Industry Reviews

Shipping

How to return your order

Defective items

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