IDEAS home Printed from https://ideas.repec.org/a/eee/ecanpo/v23y1993i2p139-149.html
   My bibliography  Save this article

Contingent Valuation as a Guide to Environmental Policy: An Application to the Conservation of Natural Bushland in Brisbane

Author

Listed:
  • Windle, J.

    (Department of Agriculture)

  • Cramb, R.A.

    (University of Queensland)

Abstract

This report presents an overview of the Contingent Valuation Method and describes a small-scale, exploratory application, using a bidding technique, to determine how much local respondents were willing to pay to preserve, upgrade and maintain an area of natural bushland in the Whites Hill/Pine Mountain Reserve, Camp Hill, Brisbane. Starting point bias was tested for and was found to occur, with a one dollar increase in the starting bid resulting in a $0.80 increase in the final bid. Evidence also suggested the existence of compliance bias. Respondents were unfamiliar with valuing environmental goods and appeared to use ‘cues’ in the bidding process to formulate their answers, hence the estimated willingness to pay was not considered accurate. The study did however suggest that respondents valued the area of urban bushland and were willing to pay money to preserve, upgrade and maintain the area.

Suggested Citation

  • Windle, J. & Cramb, R.A., 1993. "Contingent Valuation as a Guide to Environmental Policy: An Application to the Conservation of Natural Bushland in Brisbane," Economic Analysis and Policy, Elsevier, vol. 23(2), pages 139-149.
    • Handle: RePEc:eee:ecanpo:v:23:y:1993:i:2:p:139-149
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0313592693500322
    Download Restriction: Full text for ScienceDirect subscribers only
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Bockarjova, Marija & Botzen, Wouter J.W. & Koetse, Mark J., 2020. "Economic valuation of green and blue nature in cities: A meta-analysis," Ecological Economics, Elsevier, vol. 169(C).

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:ecanpo:v:23:y:1993:i:2:p:139-149. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.journals.elsevier.com/economic-analysis-and-policy .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.