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Valuing Environmental Policy Options: A Case Study Comparison of Multiattribute and Contingent Valuation Survey Methods

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  • Robin S. Gregory

Abstract

This paper describes a promising new evaluation approach, called a "value integration survey," that uses the objectives and tradeoffs expressed by participants to value environmental policy options. This constructive technique, which builds on the interactive elicitation process of decision analysts, assists stakeholders in clarifying their values and in agreeing on a policy alternative. The paper compares this multi attribute valuation method to contingent valuation surveys, describes the sequence of respondents' tasks, and presents results from a case study comparison of contingent valuation and value-integration survey methods in the context of valuing options for fire control in Oregon's oldgrowth forests.

Suggested Citation

  • Robin S. Gregory, 2000. "Valuing Environmental Policy Options: A Case Study Comparison of Multiattribute and Contingent Valuation Survey Methods," Land Economics, University of Wisconsin Press, vol. 76(2), pages 151-173.
    • Handle: RePEc:uwp:landec:v:76:y:2000:i:2:p:151-173
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    Cited by:

    1. Lo, Alex Y. & Spash, Clive L., 2011. "Articulation of Plural Values in Deliberative Monetary Valuation: Beyond Preference Economisation and Moralisation," MPRA Paper 30002, University Library of Munich, Germany.
    2. Tan, Yang & Fukuda, Hiroatsu & Li, Zhang & Wang, Shuai & Gao, Weijun & Liu, Zhonghui, 2022. "Does the public support the construction of battery swapping station for battery electric vehicles? - Data from Hangzhou, China," Energy Policy, Elsevier, vol. 163(C).
    3. Tom Kauko, 2004. "Sign Value, Topophilia, and the Locational Component in Property Prices," Environment and Planning A, , vol. 36(5), pages 859-878, May.
    4. repec:sae:envval:v:11:y:2002:i:4:p:461-488 is not listed on IDEAS
    5. Gregory, Robin & Wellman, Katharine, 2001. "Bringing stakeholder values into environmental policy choices: a community-based estuary case study," Ecological Economics, Elsevier, vol. 39(1), pages 37-52, October.
    6. Schlapfer, Felix, 2006. "Survey protocol and income effects in the contingent valuation of public goods: A meta-analysis," Ecological Economics, Elsevier, vol. 57(3), pages 415-429, May.
    7. Jayanath Ananda & Gamini Herath, 2002. "Assessment of Wilderness Quality Using the Analytic Hierarchy Process," Tourism Economics, , vol. 8(2), pages 189-206, June.
    8. Saarikoski, Heli & Mustajoki, Jyri & Barton, David N. & Geneletti, Davide & Langemeyer, Johannes & Gomez-Baggethun, Erik & Marttunen, Mika & Antunes, Paula & Keune, Hans & Santos, Rui, 2016. "Multi-Criteria Decision Analysis and Cost-Benefit Analysis: Comparing alternative frameworks for integrated valuation of ecosystem services," Ecosystem Services, Elsevier, vol. 22(PB), pages 238-249.
    9. Munro, Alistair, 2007. "When is some number really better than no number? On the optimal choice between non-market valuation methods," MPRA Paper 8978, University Library of Munich, Germany.
    10. Eric Thompson & Mark Berger & Glenn Blomquist & Steven Allen, 2002. "Valuing the Arts: A Contingent Valuation Approach," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 26(2), pages 87-113, May.
    11. Abbie A. Rogers & Fiona L. Dempster & Jacob I. Hawkins & Robert J. Johnston & Peter C. Boxall & John Rolfe & Marit E. Kragt & Michael P. Burton & David J. Pannell, 2019. "Valuing non-market economic impacts from natural hazards," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 99(2), pages 1131-1161, November.
    12. Contreras, Francisco & Hanaki, Keisuke & Aramaki, Toshiya & Connors, Stephen, 2008. "Application of analytical hierarchy process to analyze stakeholders preferences for municipal solid waste management plans, Boston, USA," Resources, Conservation & Recycling, Elsevier, vol. 52(7), pages 979-991.
    13. Barrio, Melina & Loureiro, Maria L., 2010. "A meta-analysis of contingent valuation forest studies," Ecological Economics, Elsevier, vol. 69(5), pages 1023-1030, March.
    14. Ananda, Jayanath & Herath, Gamini, 2009. "A critical review of multi-criteria decision making methods with special reference to forest management and planning," Ecological Economics, Elsevier, vol. 68(10), pages 2535-2548, August.
    15. Alex Y Lo, 2011. "Analysis and Democracy: The Antecedents of the Deliberative Approach of Ecosystems Valuation," Environment and Planning C, , vol. 29(6), pages 958-974, December.
    16. Ojea, Elena & Loureiro, Maria L., 2011. "Identifying the scope effect on a meta-analysis of biodiversity valuation studies," Resource and Energy Economics, Elsevier, vol. 33(3), pages 706-724, September.
    17. Ananda, Jayanath & Herath, Gamini, 2003. "Incorporating stakeholder values into regional forest planning: a value function approach," Ecological Economics, Elsevier, vol. 45(1), pages 75-90, April.
    18. Bunse, Lukas & Rendon, Olivia & Luque, Sandra, 2015. "What can deliberative approaches bring to the monetary valuation of ecosystem services? A literature review," Ecosystem Services, Elsevier, vol. 14(C), pages 88-97.
    19. Ananda, Jayanath & Herath, Gamini, 2008. "Multi-attribute preference modelling and regional land-use planning," Ecological Economics, Elsevier, vol. 65(2), pages 325-335, April.

    More about this item

    JEL classification:

    • Q26 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Recreational Aspects of Natural Resources

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