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Why existence value should not be used in cost-benefit analysis

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  • Donald H. Rosenthal
  • Robert H. Nelson

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  • Donald H. Rosenthal & Robert H. Nelson, 1992. "Why existence value should not be used in cost-benefit analysis," Journal of Policy Analysis and Management, John Wiley & Sons, Ltd., vol. 11(1), pages 116-122.
    • Handle: RePEc:wly:jpamgt:v:11:y:1992:i:1:p:116-122
    DOI: 10.1002/pam.4050110109
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    References listed on IDEAS

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    1. Loomis, John B., 1988. "Broadening The Concept And Measurements Of Existence Value," Northeastern Journal of Agricultural and Resource Economics, Northeastern Agricultural and Resource Economics Association, vol. 17(01), pages 1-7, April.
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    Cited by:

    1. Kuosmanen, Timo & Kortelainen, Mika, 2007. "Valuing environmental factors in cost-benefit analysis using data envelopment analysis," Ecological Economics, Elsevier, vol. 62(1), pages 56-65, April.
    2. Halkos, George, 2013. "The relationship between people’s attitude and willingness to pay for river conservation," MPRA Paper 50560, University Library of Munich, Germany.
    3. Alok Bohara & Joe Kerkvliet & Robert Berrens, 2001. "Addressing Negative Willingness to Pay in Dichotomous Choice Contingent Valuation," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 20(3), pages 173-195, November.
    4. repec:sae:envval:v:11:y:2002:i:2:p:145-161 is not listed on IDEAS
    5. Richard Carson & Nicholas Flores & Norman Meade, 2001. "Contingent Valuation: Controversies and Evidence," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 19(2), pages 173-210, June.
    6. Kotchen, Matthew J. & Reiling, Stephen D., 2000. "Environmental attitudes, motivations, and contingent valuation of nonuse values: a case study involving endangered species," Ecological Economics, Elsevier, vol. 32(1), pages 93-107, January.
    7. Halkos, George & Matsiori, Steriani, 2014. "Exploring social attitude and willingness to pay for water resources conservation," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 49(C), pages 54-62.
    8. Desheng Wu & Shuzhen Chen, 2017. "Benchmarking Discount Rate in Natural Resource Damage Assessment with Risk Aversion," Risk Analysis, John Wiley & Sons, vol. 37(8), pages 1522-1531, August.
    9. Rollins, Kimberly & Lyke, Audrey, 1998. "The Case for Diminishing Marginal Existence Values," Journal of Environmental Economics and Management, Elsevier, vol. 36(3), pages 324-344, November.
    10. Lawrence B. Mohr, 1999. "The Impact Profile Approach to Policy Merit," Evaluation Review, , vol. 23(2), pages 212-249, April.
    11. Jochem, Patrick & Doll, Claus & Fichtner, Wolf, 2016. "External costs of electric vehicles," MPRA Paper 91602, University Library of Munich, Germany.
    12. Mathews, Kristy E. & Johnson, F. Reed, 1998. "Jobs Or Salmon? The Reliability Of Nonuse Stated Preferences," 1998 Annual meeting, August 2-5, Salt Lake City, UT 20842, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    13. Stenger, Anne & Harou, Patrice & Navrud, Ståle, 2009. "Valuing environmental goods and services derived from the forests," Journal of Forest Economics, Elsevier, vol. 15(1-2), pages 1-14, January.
    14. Lohmann, Larry, 2009. "Toward a different debate in environmental accounting: The cases of carbon and cost-benefit," Accounting, Organizations and Society, Elsevier, vol. 34(3-4), pages 499-534, April.
    15. Rondeau, Daniel & Rollins, Kimberely S. & Martin, Patrick, 1993. "Costly Information And Estimating Existence Values," 1993 Annual Meeting, August 1-4, Orlando, Florida 271405, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    16. McConnell, K. E., 1997. "Does Altruism Undermine Existence Value?," Journal of Environmental Economics and Management, Elsevier, vol. 32(1), pages 22-37, January.
    17. M. Shechter & B. Reiser & N. Zaitsev, 1998. "Measuring Passive Use Value: Pledges, Donations and CV Responses in Connection with an Important Natural Resource," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 12(4), pages 457-478, December.
    18. Quiggin, John C. & Horowitz, John K., 2003. "Costs of adjustment to climate change," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 47(4), pages 1-18.
    19. Emily Schaeffer & Walter Block, 2007. "The Economics of the Arctic National Wildlife Refuge," Energy & Environment, , vol. 18(1), pages 75-85, January.
    20. Michela Loi & Alain Fayolle & Marco van Gelderen & Elen Riot & Deema Refai & David Higgins & Radi Haloub & Marcus Alexandre Yshikawa Salusse & Erwan Lamy & Caroline Verzat & Fabrice Cavarretta, 2022. "Entrepreneurship Education at the Crossroads: Challenging Taken-for-Granted Assumptions and Opening New Perspectives," Post-Print hal-03983114, HAL.
    21. C J Webster, 1998. "Sustainability and Public Choice: A Theoretical Essay on Urban Performance Indicators," Environment and Planning B, , vol. 25(5), pages 709-729, October.
    22. Carson, Richard T., 1998. "Valuation of tropical rainforests: philosophical and practical issues in the use of contingent valuation," Ecological Economics, Elsevier, vol. 24(1), pages 15-29, January.
    23. Anthony Boardman & Aidan Vining & W. G. Waters, 1993. "Costs and benefits through bureaucratic lenses: Example of a highway project," Journal of Policy Analysis and Management, John Wiley & Sons, Ltd., vol. 12(3), pages 532-555.
    24. Carson, Richard T. & Flores, Nicholas E. & Hanemann, W. Michael, 1991. "On the Nature of Compensable Value in a Natural Resource Damage Assessment," 1991 Annual Meeting, August 4-7, Manhattan, Kansas 271170, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    25. Berrens, Robert P. & Brookshire, David & Ganderton, Philip & McKee, Mike, 1998. "Exploring nonmarket values for the social impacts of environmental policy change," Resource and Energy Economics, Elsevier, vol. 20(2), pages 117-137, June.

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