Non-Market Valuation and the Household
Abstract
The purpose of this paper is to describe the implications of the collective model of household behavior for the methods used to estimate the economic value of non-marketed environmental resources. The effects of public good and risk are considered, along with revealed and stated preference methods. To the extent the collective framework is adopted, then recover of individual preferences from household behavior requires distinguishing how preference and within household income allocations affect choices.Download Info
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Paper provided by Resources For the Future in its series Discussion Papers with number dp-98-31.Length:
Date of creation: 01 Apr 1998
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Handle: RePEc:rff:dpaper:dp-98-31
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Keywords:Other versions of this item:
- Smith, V. Kerry & Van Houtven, George, 1998. "Non-Market Valuation and the Household," Working Papers 98-04, Duke University, Department of Economics.
- Q20 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - General
- H40 - Public Economics - - Publicly Provided Goods - - - General
This paper has been announced in the following NEP Reports:
- NEP-ALL-2006-01-24 (All new papers)
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Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.Cited by:
- Dosman, Donna & Adamowicz, Wiktor L., 2002.
"Combining Stated And Revealed Preference Data To Construct An Empirical Examination Of Intrahousehold Bargaining,"
Staff Paper Series
24084, University of Alberta, Department of Resource Economics and Environmental Sociology.
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- Jim Neumann & Harriet Greenwood, 2002. "Existing Literature and Recommended Strategies for Valuation of Children's Health Effects," NCEE Working Paper Series 200207, National Center for Environmental Economics, U.S. Environmental Protection Agency, revised Sep 2002.
- Nesha Beharry-Borg & David Hensher & Riccardo Scarpa, 2009. "An Analytical Framework for Joint vs Separate Decisions by Couples in Choice Experiments: The Case of Coastal Water Quality in Tobago," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 43(1), pages 95-117, May.
- Marcella Veronesi & Martina Menon & Federico Perali, 2007. "Extension of the Traditional Travel Cost Method to a Collective Framework: An Empirical Application," Working Papers 42, University of Verona, Department of Economics.
- Liam Delaney & Francis O’Toole, 2006. "Willingness to pay: individual or household?," Journal of Cultural Economics, Springer, vol. 30(4), pages 305-309, December.
- Henrik Lindhjem & Ståle Navrud, 2009. "Asking for Individual or Household Willingness to Pay for Environmental Goods?," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 43(1), pages 11-29, May.
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