Advanced Search
MyIDEAS: Login

A Contingent Valuation Study of Uncertain Environmental Gains

Contents:

Author Info

  • Macmillan, Douglas
  • Hanley, Nick
  • Buckland, Steve

Abstract

Acid deposition is a present and future cause of uncertain biodiversity losses in upland areas of Scotland important for nature conservation. Uncertainty complicates damage cost estimation and, in this paper, the authors explore the use of contingent valuation to measure willingness to pay for reduced acidification damage. Average willingness to pay was L247 and L351 per year per household under low and high damage scenarios respectively. Recovery level and recovery time did not significantly influence mean willingness to pay. When faced with risky outcomes regarding future damage and recovery, respondents were found to be risk averse to both environmental gains and losses. Copyright 1996 by Scottish Economic Society.

Download Info

To our knowledge, this item is not available for download. To find whether it is available, there are three options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.

Bibliographic Info

Article provided by Scottish Economic Society in its journal Scottish Journal of Political Economy.

Volume (Year): 43 (1996)
Issue (Month): 5 (November)
Pages: 519-33

as in new window
Handle: RePEc:bla:scotjp:v:43:y:1996:i:5:p:519-33

Contact details of provider:
Web page: http://www.blackwellpublishing.com/journal.asp?ref=0036-9292
More information through EDIRC

Order Information:
Web: http://www.blackwellpublishing.com/subs.asp?ref=0036-9292

Related research

Keywords:

References

No references listed on IDEAS
You can help add them by filling out this form.

Citations

Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
as in new window

Cited by:
  1. Spencer, Michael A. & Swallow, Stephen K. & Miller, Christopher J., 1998. "Valuing Water Quality Monitoring: A Contingent Valuation Experiment Involving Hypothetical And Real Payments," Agricultural and Resource Economics Review, Northeastern Agricultural and Resource Economics Association, vol. 27(1), April.
  2. Rose, Steven K. & Clark, Jeremy & Poe, Gregory L. & Rondeau, Daniel & Schulze, William D., 2002. "The private provision of public goods: tests of a provision point mechanism for funding green power programs," Resource and Energy Economics, Elsevier, vol. 24(1-2), pages 131-155, February.
  3. Phoebe Koundouri & Eva Kougea, . "Air Quality Degradation: Can Economics Help in Measuring its Welfare Effects? A Review of Economic Valuation Studies," DEOS Working Papers 1135, Athens University of Economics and Business.
  4. Akter, Sonia & Bennett, Jeffrey W., 2009. "Household perceptions of climate change and preferences for mitigation action: the case of the Carbon Pollution Reduction Scheme in Australia," Research Reports 94819, Australian National University, Environmental Economics Research Hub.
  5. Douglas Macmillan & Elizabeth Duff & David Elston, 2001. "Modelling the Non-market Environmental Costs and Benefits of Biodiversity Projects Using Contingent Valuation Data," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 18(4), pages 391-410, April.
  6. Christie, Mike & Hanley, Nick & Warren, John & Murphy, Kevin & Wright, Robert & Hyde, Tony, 2006. "Valuing the diversity of biodiversity," Ecological Economics, Elsevier, vol. 58(2), pages 304-317, June.

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:bla:scotjp:v:43:y:1996:i:5:p:519-33

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Wiley-Blackwell Digital Licensing) or (Christopher F. Baum).

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.