This paper estimates the monetary value of providing informal care by means of a well-being valuation method. This is done by assessing the compensating variation necessary to maintain the same level of well-being after an informal caregiver provides an extra hour of informal care. The informal caregiver's well-being is proxied by the answer to two subjective well-being questions that were pose...

Monetary valuation of environmental change is useful if one aims to rank alternative projects according to some specific social welfare function. However, if the project analysis is intended as background information to a democratic debate, the advantages of monetary valuation are less obvious. This paper analyzes aggregation of information, taking normative disagreement explicitly into account...

In the literature it is suggested that the number of protest responses can depend on the valuation method. Choice Experiments (CE) are said to generate a lower number of protest responses than Contingent Valuation (CV). In a project about forest biodiversity both CE and CV were used and protest beliefs of all respondents irrespective of their willingness to pay determined. According to our anal...

When assessing people’s values for the natural environment, a variety of methodological approaches may be required. This is because value pluralism negates the ability to reduce the various kinds of values to a single conception of value or super-value. Environmental valuation endeavors are defined by the question to be answered. However, for some people, the methodology employed may conflict w...

Scope insensitivity has been a common result in many contingent valuation studies applied to high non-use value resources. Previous studies have explained these results with different arguments, such as the theory of diminishing marginal existence values or even going as far as questioning the validity of contingent valuation method (CVM). In this paper, we conduct a meta-analysis on contingent...

This paper uses multidimensional environmental value orientations as the segmentation bases for analyzing a natural destination tourism market of the National Forest Recreation Areas in Taiwan. Cluster analyses identify two segments, Acceptance and Conditionality, within 1870 usable observations. Independent sample t test and crosstab analyses are applied to examine these segments’ forest value...

Mass populations of toxin-producing cyanobacteria are an increasingly common occurrence in inland and coastal waters used for recreational purposes. These mass populations pose serious risks to human and animal health and impose potentially significant economic costs on society. In this study, we used contingent valuation (CV) methods to elicit public willingness to pay (WTP) for reductions in ...

The Millennium Development Goals explicitly recognise “sustainable development” as a target. A step towards this is a greater understanding of the significant role of biodiversity in rural communities of developing countries who depend most on the ecosystem goods and services and who as a result may suffer most from its continued degradation. Understanding the input of biodiversity in developin...