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algorithms; automation; beaches; consumer surplus; ecosystem services; ecosystems; geographic information systems; households; issues and policy; low income households; models; national parks; prices; socioeconomics; urban parks; Israel
Abstract:
... The value of most ecosystem services invariably slips through national accounts. Even when these values are estimated, they are allocated without any particular spatial referencing. Little is known about the spatial and distributional effects arising from changes in ecosystem service provision. This paper estimates spatial equity in ecosystem services provision using a dedicated data disaggregatio ...
consumer surplus; decision support systems; demand functions; developing countries; economic valuation; ecosystem services; ecosystems; fisheries; funding; geographic information systems; lakes; photographs; recreation; social networks; travel; water quality; wetlands; wildlife; India
Abstract:
... Online social media represent an extensive, opportunistic source of behavioral data and revealed preferences for ecosystem services (ES) analysis. Such data may allow to advance the approach, scale and timespan to which ES are assessed, mapping and valued. This is especially relevant in the context of developing regions whose decision support tools are often limited by a lack of resources and fund ...
consumer surplus; consumers (people); issues and policy; models; prices; social welfare; supply chain; utility functions
Abstract:
... It is undeniable that every organization and company will eventually need to move toward sustainability if they wish to survive and remain competitive. In order to attain sustainability, it is very important to optimize all its dimensions at the same time. In this paper, we consider a two-tier model consists of a supply chain and government that government in a higher level role as a leader for th ...
... There are an estimated 16,000 nature related remote web cameras that provide users around the world with an opportunity to view wildlife. Because there is no monetary price to view the webcams, we utilise variations in the viewers’ opportunity cost of time to estimate consumer surplus. We apply this model to a large sample (n = 2649) of the more than 10 million viewers of Alaska's Katmai National ...
... This paper estimates the recreational ecosystem services (RES) of 15 German national parks (NLP) in one of the most comprehensive RES valuations of NLP systems performed to date. The RES were evaluated using zonal travel cost models (TCM) based on 24,548 representative interviews conducted with a uniform methodology between 2004 and 2015. Reaction functions were estimated for each park as double-l ...
... The shift away from coal is at the heart of the global low-carbon transition. Can governments of coal-producing countries help facilitate this transition and benefit from it? This paper analyses the case for coal taxes as supply-side climate policy implemented by large coal exporting countries. Coal taxes can reduce global carbon dioxide emissions and benefit coal-rich countries through improved t ...
... This paper is the first to develop a measure of consumer surplus for the Random Regret Minimisation (RRM) model. Following a not so well-known approach proposed two decades ago, we measure (changes in) consumer surplus by studying (changes in) observed behaviour, i.e. the choice probability, in response to price (changes). We interpret the choice probability as a well-behaved approximation of the ...
certification; consumer surplus; electronic wastes; industry; issues and policy; models; pollution; profits and margins; recycling; social welfare; subsidies; China
Abstract:
... At present, most of China’s waste electrical and electronic equipment (hereafter referred to as WEEE) flow into the informal recycling sector, which has no official disassembly certification. To regulate the WEEE recycling industry, the policy of the WEEE disposal fund has been implemented to levy recycling fees from producers and subsidize the formal recycling sector. This paper aims to sol ...
John Loomis; Michelle Haefele; James Dubovsky; Aaron M. Lien; Wayne E. Thogmartin; James Diffendorfer; Dale Humburg; Brady J. Mattsson; Kenneth Bagstad; Darius Semmens; Laura Lopez-Hoffman; Robert Merideth
birdwatching; consumer surplus; contingent valuation; ducks; questionnaires; waterfowl; United States
Abstract:
... Many economic studies value birdwatching in general and often do not account for potential differences in viewers’ benefits from observing different species. But, how different are economic values of viewing various bird species? To answer that question, we surveyed Ducks Unlimited (DU) members using an online questionnaire to estimate trip expenditures and consumer surplus per trip for viewing pi ...
agricultural land; climate change; consumer surplus; drought; farmers; financial economics; prices; social class; social justice; society; socioeconomics; Europe; Southern European region
Abstract:
... Studies on the impacts of drought usually make the implicit assumption that there will always be a negative effect on the environment, the economy and society. However, other approaches, based for example on the framework provided by the consumer surplus theory, try to focus on the distributive effects of drought. In this paper, in the wake of such approaches, we address the question of the distri ...
consumer surplus; consumers (people); costs and returns; economic impact; economic sustainability; ex ante analysis; farmers; fertilizer application; fertilizers; financial economics; households; models; prices; scientists; soil; surveys; vegetables; Nigeria
Abstract:
... Optimum application of fertilizers to address low productivity of soils and reduce the quantity and the cost of fertilizer incurred by farmers is a major concern in enhancing the yield of underutilized indigenous vegetables (UIVs). This study analyzed the potential economic potential benefits of adoption of fertilizer micro-dosing by resource poor farming households in southwest Nigeria using prim ...
... While recent experimental frameworks for national ecosystem service accounting have shown substantial progress, in our view some crucial methodological issues remain that deserve further consideration before setting final standards. In response to the landmark work of Obst et al. (Environ Resour Econ 64:1–23, 2016. doi: 10.1007/s10640-015-9921-1), we provide arguments with regard to the suitabilit ...
... Input capacity constraints means a firm cannot make its output decision based on the first - order optimal condition of profit maximization because it does not have enough inputs. Input capacity constraints have a significant effect on production quality and firm competition, especially on food safety management. This paper tries to provide a new perspective for quality operation in supply chain m ...
consumer surplus; imports; product quality; research and development; social welfare
Abstract:
... We investigate product quality in an import-competing country using the framework of vertical product differentiation. Comparison of three polices suggests that the quality-based R&D subsidy brings quality-reversal, leading to a win-win-win equilibrium in consumer surplus, domestic profit and social welfare. ...
... A longstanding interest from environmental economists on winter outdoor recreation has overlooked activities practiced outside the boundaries of winter resorts—e.g. ski mountaineering. This paper implements the Travel Cost Method to estimate consumer surplus per season derived from ski mountaineering and snowshoeing in Val Bedretto—a valley located in the Swiss Alps. In addition, the Contingent Be ...
bioeconomic models; bycatch; consumer surplus; costs and returns; fisheries law; fisheries management; prices; society; weight loss
Abstract:
... The Australian federal fisheries policy identifies maximising net economic returns as the primary objective of fisheries management. This has largely been interpreted as maximising the net economic yield (MEY) in fisheries. More recently, the influence of reducing yields to achieve MEY on prices and the transfer of consumer surplus to producers has been raised as a potential issue. Achieving fishe ...
... This paper discusses the economic and environmental implications of a stylised electricity market with transmission grid constraints and shared temporal pollution standards that restrict the joint strategy space of the agents. These are problematic to enforce if individual monitoring is impossible or very expensive. For such situations, we propose a time-dependent (or “open-loop dynamic”), game-th ...
consumer surplus; electricity; electricity costs; models; politics; prices; uncertainty; willingness to pay; India
Abstract:
... Political parties in India are known to use electricity prices as a tool to secure a win in the democratic election process. This article examines the setting of electricity prices from a political economy perspective. Citizens differ in their willingness to pay for electricity, and the consumer surplus and electoral uncertainty seem to influence their choices while exercising their franchise. To ...
Brady J. Mattsson; James A. Dubovsky; Wayne E. Thogmartin; Kenneth J. Bagstad; Joshua H. Goldstein; John B. Loomis; James E. Diffendorfer; Darius J. Semmens; Ruscena Wiederholt; Laura López-Hoffman
Anas acuta; breeding; breeding sites; case studies; consumer surplus; economic valuation; environmental management; funding; game birds; hunters; issues and policy; migratory behavior; migratory species; models; society; sport hunting; willingness to pay; wintering grounds; North America
Abstract:
... Quantification of the economic value provided by migratory species can aid in targeting management efforts and funding to locations yielding the greatest benefits to society and species conservation. Here we illustrate a key step in this process by estimating hunting and birding values of the northern pintail (Anas acuta) within primary breeding and wintering habitats used during the species’ annu ...
consumer surplus; ecosystem services; hiking; income; managers; models; national parks; prices; recreation users; travel; Kenya
Abstract:
... This paper estimates the recreational value and optimal pricing for recreation services in the Maasai Mara National Park in Kenya. To achieve this objective, data from 323 Park visitors were collected. Single-site individual travel cost method (ITCM) using count data models [zero truncated Poisson (ZTP), zero truncated negative binomial (ZTNB), negative binomial with endogenous stratification (NBS ...