Die monetÃ¤re Bewertung von NaturgÃ¼tern zwischen Ã¶konomischer Theorie und politischer Umsetzung
AbstractDuring the past 15 or so years, a considerable number of valuation studies have been published in German language concerning nature conservation mostly in the agrarian countryside, using the Contingent Valuation Method (CVM). These are documented here and briefly commented on. In the sequel, well-known objections in the literature against this method are discussed and rejected or at least attenuated, thereby referring to more comprehensive literature. Upon careful design, the results from CVM studies bear closer examination as to their reliability. It seems doubtful, however, and must even be regarded as refuted in some special cases that their very objective, as formulated from a rigorous microeconomic position, is achieved, that is the disclosure of the Compensating Variation (VC) or Equivalent Variation (EV), respectively. Respondentsâ€™ statements are influenced both by their experience in achieving a consumer surplus in everyday purchases and â€“ more importantly â€“ by normative, ethical, distributive and genuine political aspects. Intuitively, respondents realise the societal nature of the respective problems and are reluctant to communicate exclusively in individualistic terms of modern utility theory. It is argued that no adverse consequences ensue from this finding when CVM results are practically applied for the sake of improving economic allocation. Nature conservation policy should be more oriented towards CVM results rather than depend on the influence of political pressure groups.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by Humboldt-Universitaet zu Berlin, Department for Agricultural Economics in its journal German Journal of Agricultural Economics.
Volume (Year): 52 (2003)
Issue (Month): 8 ()
nature conservation; Contingent Valuation Method (CVM); Compensating Variation (CV); Equivalent Variation (EV); application of CVM results; Environmental Economics and Policy; Research Methods/ Statistical Methods;
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Randall, Alan, 1998. "Beyond the crucial experiment: mapping the performance characteristics of contingent valuation," Resource and Energy Economics, Elsevier, vol. 20(2), pages 197-206, June.
- W. Michael Hanemann, 1994. "Valuing the Environment through Contingent Valuation," Journal of Economic Perspectives, American Economic Association, vol. 8(4), pages 19-43, Fall.
- Kahneman, Daniel & Knetsch, Jack L., 1992. "Valuing public goods: The purchase of moral satisfaction," Journal of Environmental Economics and Management, Elsevier, vol. 22(1), pages 57-70, January.
- Cornes,Richard & Sandler,Todd, 1996. "The Theory of Externalities, Public Goods, and Club Goods," Cambridge Books, Cambridge University Press, number 9780521477185, April.
- Mark Sagoff, 1994. "Should Preferences Count?," Land Economics, University of Wisconsin Press, vol. 70(2), pages 127-144.
- Peter A. Diamond & Jerry A. Hausman, 1994. "Contingent Valuation: Is Some Number Better than No Number?," Journal of Economic Perspectives, American Economic Association, vol. 8(4), pages 45-64, Fall.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (AgEcon Search).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.