Pregled bibliografske jedinice broj: 1200228
A review of theoretical and conceptual foundations for consolidated analysis of CVM and CBA for natural and environmental resources
A review of theoretical and conceptual foundations for consolidated analysis of CVM and CBA for natural and environmental resources // 11th International Scientific Symposium „Region, Entrepreneurship, Development” / Šimić, Mirna L. (ur.).
Osijek: Ekonomski fakultet Sveučilišta Josipa Jurja Strossmayera u Osijeku, 2022. str. 531-548 (predavanje, međunarodna recenzija, cjeloviti rad (in extenso), znanstveni)
CROSBI ID: 1200228 Za ispravke kontaktirajte CROSBI podršku putem web obrasca
Naslov
A review of theoretical and conceptual foundations
for consolidated analysis of CVM and CBA for
natural and environmental resources
Autori
Opačak, Marija
Vrsta, podvrsta i kategorija rada
Radovi u zbornicima skupova, cjeloviti rad (in extenso), znanstveni
Izvornik
11th International Scientific Symposium „Region, Entrepreneurship, Development”
/ Šimić, Mirna L. - Osijek : Ekonomski fakultet Sveučilišta Josipa Jurja Strossmayera u Osijeku, 2022, 531-548
Skup
11th International Scientific Symposium Region Entrepreneurship Development (RED 2022)
Mjesto i datum
Osijek, Hrvatska, 09.06.2022. - 11.06.2022
Vrsta sudjelovanja
Predavanje
Vrsta recenzije
Međunarodna recenzija
Ključne riječi
contingent valuation method ; CBA ; landfill conversion ; welfare economics
Sažetak
This paper outlines a theoretical framework for non-market valuation, and theoretical and conceptual foundations of cost-benefit analysis for natural and environmental resources. Despite the fact that contingent valuation estimates may contain errors, it is still recommended for policy makers to use estimated values of willingness to pay of important public goods than to ignore them. If their value is not assessed, it is simply considered a zero. Cost-benefit analysis (CBA) can apply to policies, projects, regulations, and other government interventions. It is an assessment approach that puts a monetary value on policies’ consequences to justify the feasibility of a project. Building and understanding the conceptual foundations of CBA is crucial for ascertaining whether it can be used as a decision rule or not. To achieve environmentally and socially reliable management, it is recommended to involve everyone who will be affected by the policy implementation in a way that the study can reveal their interests and preferences related to a specific environmental issue or policy change. The paper points out the most relevant aspects to be taken into consideration when applying non- market valuation were generated.
Izvorni jezik
Engleski
Znanstvena područja
Ekonomija, Interdisciplinarne društvene znanosti
