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Paperback Valuing Environmental and Natural Resources: The Econometrics of Non-Market Valuation Book

ISBN: 1843763885

ISBN13: 9781843763888

Valuing Environmental and Natural Resources: The Econometrics of Non-Market Valuation

Develops the econometric models that underlie the basic methods: contingent valuation, travel cost models, random utility models and hedonic models. Analyzes the measurement of non-market values as a procedure with two steps: the estimation of parameters of demand and preference functions and the calculation of benefits from the estimated models.

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Format: Paperback

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