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The Choice Modelling Approach to Environmental Valuation

Edited by Jeff Bennett, Professor of Environmental Management, Crawford School of Economics and Government, The Australian National University, Canberra, Australia and Russell Blamey, Programme Visitor, Research School of Social Sciences, Australian National University, Australia
The authors contributing to the book show that choice modelling offers considerable potential for the evaluation of environmental goods and services. Its flexibility to cope with a wide range of applications is well demonstrated. The technique also presents numerous challenges to practitioners. A number of these are addressed in the book.

Informed and innovative, this book will prove indispensable to all scholars, researchers and practitioners in the areas of environmental studies and environmental economics.
Extent: 288 pp
Hardback Price: $136.00 Web: $122.40
Publication Date: 2001
ISBN: 978 1 84064 304 6
Availability: In Stock
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  • Economics and Finance
  • Environmental Economics
  • Valuation
  • Environment
  • Environmental Economics
  • Environmental Sociology
  • Valuation
Choice Modelling is a technique that has recently emerged as a means of estimating the demand for environmental goods and the benefits and costs associated with them.

The aims of the book are fourfold:

• to introduce the technique in the environmental context
• to demonstrate its use in a range of case studies
• to provide insights into some methodological issues
• to explore the prospects for the technique.

The authors contributing to the book show that choice modelling offers considerable potential for the evaluation of environmental goods and services. Its flexibility to cope with a wide range of applications is well demonstrated. The technique also presents numerous challenges to practitioners. A number of these are addressed in the book.

Informed and innovative, this book will prove indispensable to all scholars, researchers and practitioners in the areas of environmental studies and environmental economics.
‘As someone who has used CM in environmental valuation on several occasions, I found this book both useful and interesting. . . I certainly recommend this book to my graduate students, and suggest that you read it too if you are interested in using CM.’
– Nick Hanley, The Australian Journal of Agricultural and Resource Economics

‘. . . a very useful single source for those interested in environmental evaluation using choice models.’
– David A. Hensher, Australian Journal of Environmental Management

‘. . . this book can serve as a firm basis to start understanding what CM is about. . .’
– Jesús Barreiro Hurlé, European Review of Agricultural Economics
Contributors: V. Adamowicz, M.R. Banzhaf, J. Bennett, R. Blamey, R. Chapman, J. Gordon, F.R. Johnson, J.J. Louviere, K.E. Mathews, M. Morrison, J. Rolfe
Contents: Introduction Part I: The Technique Part II: Case Studies Part III: Exploring Some Methodological Issues Part IV: Conclusion References