TY - JOUR
T1 - Australasian environmental economics
T2 - Contributions, conflicts and 'cop-outs'
AU - Bennett, Jeff
PY - 2005/9
Y1 - 2005/9
N2 - Australian and New Zealand environmental economists have played a significant role in the development of concepts and their application across three fields within their sub-discipline: non-market valuation, institutional economics and bioeconomic modelling. These contributions have been spurred on by debates within and outside the discipline. Much of the controversy has centred on the validity of valuations generated through the application of stated preference methods such as contingent valuation. Suggestions to overcome some shortcomings in the work of environmental economists include the commissioning of a sequence of non-market valuation studies to fill existing gaps to improve the potential for benefit transfer.
AB - Australian and New Zealand environmental economists have played a significant role in the development of concepts and their application across three fields within their sub-discipline: non-market valuation, institutional economics and bioeconomic modelling. These contributions have been spurred on by debates within and outside the discipline. Much of the controversy has centred on the validity of valuations generated through the application of stated preference methods such as contingent valuation. Suggestions to overcome some shortcomings in the work of environmental economists include the commissioning of a sequence of non-market valuation studies to fill existing gaps to improve the potential for benefit transfer.
KW - Bioeconomic modelling
KW - Institutional economics
KW - Non-market valuation
UR - http://www.scopus.com/inward/record.url?scp=29144521807&partnerID=8YFLogxK
U2 - 10.1111/j.1467-8489.2005.00297.x
DO - 10.1111/j.1467-8489.2005.00297.x
M3 - Review article
SN - 1364-985X
VL - 49
SP - 243
EP - 261
JO - Australian Journal of Agricultural and Resource Economics
JF - Australian Journal of Agricultural and Resource Economics
IS - 3
ER -