29 research outputs found

    The Internalization of Externalities in the Production of Electricity: Willingness to Pay for the Attributes of a Policy for Renewable Energy

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    This paper investigates the willingness to pay of a sample of residents of Bath, England, for a hypothetical program that promotes the production of renewable energy. Using choice experiments, we assess the preferences of respondents for a policy for the promotion of renewable energy that (i) contributes to the internalization of the external costs caused by fossil fuel technologies; (ii) affects the security of energy supply; (iii) has an impact on the employment in the energy sector; (iv) and leads to an increase in the electricity bill. Responses to the choice questions show that our respondents are in favour of a policy for renewable energy and that they attach a high value to a policy that brings private and public benefits in terms of climate change and energy security benefits. Our results therefore suggest that consumers are willing to pay a higher price for electricity in order to internalize the external costs in terms of energy security, climate change and air pollution caused by the production of electricity

    Testing for benefit transfer over water quality benefits

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    Benefit transfer is the practice of estimating economic values at a target site by utilizing the results of existing studies for different sites. It is commonly used to estimate values for changes in environmental conditions where time and cost factors constrain the direct application of non-market valuation techniques at the target site. This chapter focuses on testing for benefit transfer over water quality benefits

    Using economic instruments to manage access to rock-climbing sites in the Scottish Highlands

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    Using conjoint analysis to quantify public preferences over the environmental impacts of wind farms

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    SIGLEAvailable from British Library Document Supply Centre-DSC:3597.930(no 01-12) / BLDSC - British Library Document Supply CentreGBUnited Kingdo

    Valuing Water Quality Improvements using Choice Experiments: a pilot study

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    Risk perceptions, risk-reducing behaviour and willingness to pay Radioactive contamination in food following a nuclear accident

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    SIGLEAvailable from British Library Document Supply Centre-DSC:3597.930(no 01-04) / BLDSC - British Library Document Supply CentreGBUnited Kingdo

    Go climb a mountain : an application of recreation demand modelling to rock climbing in Scotland

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    In this paper, we apply random utility modelling techniques to rock-climbing in Scotland. Attributes relevant to choices over rock-climbing sites were identified from focus groups with climbers, along with a categorisation of principal climbing areas. A survey of climbers yielded 267 responses, which were then used as the basis for modelling. We compare a standard multi-nominal logit model with a random parameters approach, and look at seasonal differences in behaviour, and at the implications of different treatments of travel time. The random utility models showed that most of the attributes selected were significant determinants of choice. Welfare estimates of changes in site attributes are presented, which are relevant to policy choices currently facing land managers
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