Single-site recreation demand and dichotomous choice contingent valuation analyses are typically conducted by implementing models containing strong parametric assumptions, which are rarely underpinned by theoretical arguments. This work illustrates how these assumptions can be relaxed and the estimation conducted semiparametrically by using generalized additive models (GAMs). This approach dire...

This paper covers nonmarket services provided by farmers for recreational purposes in several Central European regions. A regionally specified general equilibrium model is used to derive the efficiency conditions for a competitive equilibrium to guarantee a Pareto optimal outcome. Moreover, we present green agricultural compensation programmes in Europe and their assessment from an economic per...

Sustainability transportation is characterized by a positive externality on the environment, health, social security, land use and social inclusion. The increasing interest in global warming has caused attention to be paid to the introduction of the hydrogen bus (H2B). When introducing new environmental technologies, such as H2B, it is often necessary to assess the environmental benefits relate...

This paper examines the phenomenon of cross-border property lending and examines a number of issues regarding lending procedures and decision making processes in the context of the relationship between lender and professional advisor. It commences by placing these procedures and processes in the context of the development of cross border European property investment and finance. The UK has been...

Scientists talk of “ecosystem services” and their economic value when arguing for the conservation of biodiversity. The limits to this line of argumentation are analysed based on the philosophy of values (axiology), exploring different kinds of values and discussing which of them can be adequately described with economic methods. The three promises of economic valuation, raising awareness in po...

Using landscape analysis and economic valuation, this article shows how valuation techniques can inform prioritization of private forestland for ecosystem service conservation and highlights the methodological challenges in doing so. We classify forests according to six ecological and social characteristics. If ecosystem service priorities are known a priori, this landscape analysis might be su...

A goods and services approach has been applied to determine the economic value of marine biodiversity in the UK. This paper presents the goods and services resulting from marine biodiversity in UK waters, detailing the habitats and species which provide them, and the likely impact of a decrease in biodiversity. Where possible a monetary value was assigned to each of the goods and services. Valu...

despite of fifteen years old legislation of environmental impact assessment (eia) in iran, investigations show that there are some kinds of shortcoming in the effectiveness and efficiency of these assessments. although some of these failures were attributed by weakness in the administrative structure, but methodological shortcomings and lack of transparency had an effective role in the these pr...

During the last decade, a series of valuation studies have made attempts at estimating the external environmental costs of various power generation sources. The purposes of this paper are: (a) to explore some of the ethical limits of the economic valuation of environmental impacts; and (b) to analyze what the implications are of these limits for the social choice between different electric powe...

Assessment and economic valuation of services provided by ecosystems to humans has become a crucial phase in environmental management and policy-making. As primary valuation studies are out of the reach of many institutions, secondary valuation or benefit transfer, where the results of previous studies are transferred to the geographical, environmental, social, and economic context of interest,...