Valuing potential groundwater protection benefits
نویسندگان
چکیده
This paper explores the implications of endogenous risk for the economic value of preventing groundwater contamination. We consider the analytical implications of endogenous risk for five key building blocks frequently used to structure studies of groundwater valuation: the probability and the location of contamination, the exposed population, risk perceptions, and intertemporal issues.
منابع مشابه
Specific Information in the Contingent Valuation of Environmental Risks: The Case of Nitrates in Groundwater
Information, or lack thereof, is an important input in value formation and the distribution of contingent values. Although most conceptualizations of the contingent valuation process stress that information provision should be 'adequate,' very little empirical research has been devoted to assessing the effects of different information flows on contingent values and to establishing a standard of...
متن کاملValuing Recreational Benefits in an Aquatic Ecosystem Area with Contingent Valuation Method: Case of ShirinSou Wetland, Iran
In this study, the recreational value of ShirinSou Wetland of the Kabodarahang County in Hamadan Province, Iran was estimated and the visitors' willingness to Pay (WTP) was measured by using Contingent Valuation Method (CVM) and One and One Half Bound model (OOHB) dichotomous choice (DC) questionnaire. The results show that 81 percent of investigating individuals will pay for recreational usage...
متن کاملValuing Indirect Ecosystem Services: the Case of Tropical Watersheds
Mitigating the harmful effects of development projects and industries (negative environmentalism) is inadequate, especially in resource-dependent economies whose resources are at risk from other forces. While positive environmentalism includes conservation projects, the non-market benefits of such projects are difficult to evaluate. This paper provides and illustrates a method for evaluating th...
متن کاملSPECIAL ISSUE THE VALUES OF WETLANDS: LANDSCAPE AND INSTITUTIONAL PERSPECTIVES Approaches to valuing the hidden hydrological services of wetland ecosystems
This paper investigates the role of the production function approach in capturing the value of hydrological services of wetland ecosystems. Hydrological research in the Hadejia-Nguru wetlands in northern Nigeria suggests that the major role of the wet season inundation of the wetlands is in recharging the underlying aquifers. This paper shows that the hydrological services extend beyond direct ...
متن کاملDefining Groundwater Remediation Objectives with Cost-benefit Analysis: Does It Work?
10 The use of cost-benefit analysis (CBA) is increasingly advocated as a tool for supporting 11 water planning decisions, in particular at the local (site) level. This paper questions whether 12 CBA is relevant for evaluating groundwater management options at the scale of large 13 regional aquifers. It highlights the difficulties related to estimating the cost of groundwater 14 protection and r...
متن کامل