Now showing items 1-2 of 2
Policy context as a factor of bias in the valuation of environmental goods – a dual-process theories perspective
(Journal article; Tidsskriftartikkel; Preprint; Manuskript, 2018-03-13)
When ecosystem services value estimates are applied in the economic assessment of environmental policies, high accuracy of these estimates is required. One of the directions in the scientific discussion on biases in stated preference (SP) valuation surveys builds on dual-process theories of judgment. The paper contributes to this literature by presenting an experiment where two types of judgment ...
Opportunity Cost of Environmental Conservation in the Presence of Externalities: Application to the Farmed and Wild Salmon Trade-Off in Norway
(Journal article; Tidsskriftartikkel; Preprint; Manuskript, 2018-08-17)
Estimation of the opportunity cost is necessary for the economic assessment of environmental conservation policies. This paper considers the case where an environmental good is negatively affected in the process of the production of marketable goods. In the presence of externalities, conservation implies the undertaking of abatement measures by polluters. A relevant measure of opportunity cost in ...