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Redesigning Environmental Valuation

Mixing Methods within Stated Preference Techniques Neil A. Powe, Lecturer, School of Architecture, Planning and Landscape, Newcastle University, UK
This comprehensive volume explores the extent to which the challenges facing stated preference environmental valuation can be overcome through mixing methods. In redesigning stated preference, two approaches are considered: mixing methods within conventional stated preference; and then moving away from the conventional to explore the use of group methods within preference construction and forming a social consensus on willingness to pay. These approaches are assessed in the light of qualitative findings evaluating the applicability of environmental valuation.
Extent: 224 pp
Hardback Price: $127.00 Web: $114.30
Publication Date: 2007
ISBN: 978 1 84542 279 0
Availability: In Stock
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  • Economics and Finance
  • Environmental Economics
  • Valuation
  • Environment
  • Environmental Economics
  • Research Methods in the Environment
  • Valuation
This comprehensive volume explores the extent to which the challenges facing stated preference environmental valuation can be overcome through mixing methods. In redesigning stated preference, two approaches are considered: mixing methods within conventional stated preference; and then moving away from the conventional to explore the use of group methods within preference construction and forming a social consensus on willingness to pay. These approaches are assessed in the light of qualitative findings evaluating the applicability of environmental valuation.

Providing a step-by-step guide to mixing methods within stated preference surveys, this book will appeal to environmental valuation practitioners and students undertaking post-graduate research into environmental valuation. It will also be of interest to students and practitioners involved in environmental science or related environmental fields.
‘In an area where feelings often run high, the author has produced a judicious assessment of the challenges to placing a value on environmental “goods” without a clear market value. Thoughtfully written, Redesigning Environmental Valuation draws on research from multiple disciplines, in creating a rigorous, nuanced approach to ensuring that important consequences are not neglected. In so doing, it shows the way toward integrative social sciences.’
– Baruch Fischhoff, Carnegie Mellon University, US

‘This excellent book will reinvigorate interest in environmental valuation by economists and other social scientists. Its focus is clear – it highlights the challenges that face valuation researchers and describes new and better ways of estimating values for the environment by drawing on methods that have evolved in other disciplines. A must read for all researchers interested in environmental valuation.’
– Douglas C. MacMillan, University of Kent, UK
Contents: 1. Introduction Part I: Methods 2. Need for Public Consultation and Stated Preference 3. Stated Preference: Methods and Challenges 4. Qualitative Methods Part II: Analysing the Results of Mixing Method Studies 5. Interpreting Stated Preference Responses 6. Investigating Sensitivity to Scope Part III: Extending the Role of the Group-Based Approach 7. Constructing Better Preferences? 8. Communal Nature of Stated Preference Conclusion 9. Evaluating and Redesigning Stated Preference Valuation References Index