scholarly journals Applicability of the contingent valuation method to cost-benefit analysis for rural parks

2007 ◽  
Author(s):  
Y. Kunimitsu
Keyword(s):  
Contingent Valuation ◽  
Cost Benefit Analysis ◽  
Contingent Valuation Method ◽  
Cost Benefit ◽  
Benefit Analysis ◽  
Valuation Method

A Contingent Valuation Approach to Measuring the Benefits of Preschool Education

1988 ◽  
Vol 10 (1) ◽  
pp. 13-22 ◽  
Author(s):  
Colette M. Escobar ◽  
W. Steven Barnett ◽  
John E. Keith
Keyword(s):  
Contingent Valuation ◽  
Cost Benefit Analysis ◽  
Contingent Valuation Method ◽  
Economic Value ◽  
Preschool Education ◽  
Cost Benefit ◽  
State University ◽  
Benefit Analysis ◽  
Utah State University ◽  
Valuation Method

It is difficult to quantify and value many of the benefits of education. This paper illustrates the use of contingent valuation to obtain more complete estimates of the economic value of difficult-to-measure benefits of preschool education for handicapped children and presents a general approach for the use of contingent valuation in cost-benefit analysis of educational programs. Data for the illustration were obtained by surveying parents of children with handicapping conditions enrolled in preschool special education programs in Iowa. The survey was conducted jointly by the Department of Economics and the Early Intervention Research Institute at Utah State University. Results indicated that the contingent valuation method produces plausible results which are consistent with basic predictions of economic theory. Implications for policymaking and directions for further research are discussed.

Application of the contingent valuation method in a developing country: a case study of the Yusufeli Dam in northeast Turkey

2010 ◽  
Vol 62 (1) ◽  
pp. 99-105 ◽  
Author(s):  
Emre Alp ◽  
Ülkü Yetiş
Keyword(s):  
Contingent Valuation ◽  
Urban Areas ◽  
Power Plants ◽  
Cost Benefit Analysis ◽  
Contingent Valuation Method ◽  
Cost Benefit ◽  
Hydroelectric Power Plant ◽  
Hydroelectric Power ◽  
Turkish Republic ◽  
Valuation Method

Hydroelectric power plants and dams often play an important role in developing countries in terms of their contribution to economy. In accordance with the energy policies of Turkish Republic, Yusufeli Dam and Hydroelectric Power Plant in Northeastern Turkey have been initiated. In this study, the Contingent Valuation Method (CVM) was conducted in Yusufeli Village to determine the environmental costs of the Yusufeli Project. The purpose is to assess the willingness to pay (WTP) of Yusufeli Village residents for restoration of the environmental impacts of the dam project and also to investigate the underlying economic, psychological, and social motivations for WTP. WTP was calculated as US$761 per person which can further be used in the cost–benefit analysis. The results from the study suggest that application of the CVM in rural and urban areas located in the same region can show differences.

scholarly journals Putting the Environment Into the NPV Calculation: Quantifying Pipeline Environmental Costs

1996 ◽  
Author(s):  
Dawn R. Dott ◽  
S. C. Wirasinghe ◽  
Amit Chakma
Keyword(s):  
Cost Benefit Analysis ◽  
Stated Preference ◽  
Contingent Valuation Method ◽  
Cost Benefit ◽  
Environmental Costs ◽  
Benefit Analysis ◽  
Monetary Value ◽  
Valuation Method ◽  
Risk Of Rupture ◽  
Evaluation Stage

Pipeline projects impact the environment through soil and habitat disturbance, noise during construction and compressor operation, river crossing disturbance and the risk of rupture. Assigning monetary value to these negative project consequences enables the environment to be represented in the project cost-benefit analysis. This paper presents the mechanics and implications of two environmental valuation techniques: (1) the contingent valuation method and (2) the stated preference method. The use of environmental value at the project economic-evaluation stage is explained. A summary of research done on relevant environmental attribute valuation is presented and discussed. Recommendations for further research in the field are made.

scholarly journals Air quality improvement estimation using contingent valuation method in HoChiMinh City

2014 ◽  
Vol 17 (4) ◽  
pp. 5-12
Author(s):  
Ngoc Nguyen Thi ◽  
Oanh Thi Kieu Hoang ◽  
Hien Thi To
Keyword(s):  
Quality Improvement ◽  
Air Quality ◽  
Contingent Valuation ◽  
Urban Areas ◽  
Cost Benefit Analysis ◽  
Contingent Valuation Method ◽  
Cost Benefit ◽  
Ambient Air ◽  
Valuation Method ◽  
Air Quality Improvement

The purpose of the study is to estimate the air quality improvement in the urban areas of HoChiMinh City (HCMC) through resident’s willingness to pay (WTP) by using contingent valuation method. 300 residents were chosen to participate in an interview with the structured questionnaire and the open-ended question about their WTP. The results show that with the performance of ambient air in HCMC, 88.41% of respondents are willing to pay for this "particular commodity". The average WTP for a 50% reduction of concentration of air pollutants in next 5 years in HCMC, where respondents live and work was 19,732 VNĐ/household/month, accounted 0.15% of a household income. Positive WTP values reveal that residents have a choice between better air quality and rapid growth of the economy, which also means that air quality is really their considerable economic value. Therefore, this value should be considered in the cost – benefit analysis of projects or programs relating to air quality. The results are the source of useful information for policy makers to decide in the investment and policy measures to reduce impacts on air quality in the process of economic development.

scholarly journals Zootechnical Farm Wastewaters in Ecuador: A Treatment Proposal and Cost-benefit Analysis

Water ◽  
2019 ◽  
Vol 11 (4) ◽  
pp. 779 ◽  
Author(s):  
Paola Verlicchi ◽  
Estefania C. Avilés Sacoto ◽  
Giacomo Zanni
Keyword(s):  
Cost Benefit Analysis ◽  
Contingent Valuation Method ◽  
Cost Benefit ◽  
Social Benefit ◽  
Economic Feasibility ◽  
Benefit Analysis ◽  
Economic Activities ◽  
Natural Systems ◽  
Valuation Method ◽  
Treatment Train

This paper presents and discusses the results of a study carried out in Ecuador, where the zootechnical sector represents one of the country’s most important economic activities. It is, however, the source of many environmental problems, including the release of untreated liquid effluents and odorous emissions, and the production and disposal of solid wastes. The main aim of this study was to propose a treatment train for the zootechnical farm wastewater, combining natural systems (i.e., lagoons and subsurface flow beds) with conventional technologies and a cost-benefit analysis. With reference to a specific case study, the different steps of the treatment train were designed and the corresponding construction, operational and maintenance costs evaluated. To better assess the technical and economic feasibility of such a proposal, a cost-benefit analysis was carried out. The social benefit was evaluated by means of the contingent valuation method and a focus on the methodology and collected results was reported. The main findings discussed, in terms of selected treatments, their costs, and the financial and economic analysis of the project, could be useful for administrators, decision-makers and all technicians involved in planning and management of zootechnical farm wastewaters in developing countries, in particular in Latin America.

scholarly journals A Cost-Benefit Analysis Using Contingent Valuation Techniques: A Feasibility Study in Spinal Surgery

2008 ◽  
Vol 11 (4) ◽  
pp. 575-588 ◽  
Author(s):  
Mathias Haefeli ◽  
Achim Elfering ◽  
Emma McIntosh ◽  
Alastair Gray ◽  
Atul Sukthankar ◽  
...  
Keyword(s):  
Contingent Valuation ◽  
Feasibility Study ◽  
Spinal Surgery ◽  
Cost Benefit Analysis ◽  
Cost Benefit ◽  
Benefit Analysis
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