Please use this identifier to cite or link to this item: http://hdl.handle.net/1893/11738
Appears in Collections:Economics Journal Articles
Peer Review Status: Refereed
Title: A combinatorial optimization approach to nonmarket environmental benefit aggregation via simulated populations
Authors: Hynes, Stephen
Hanley, Nicholas
O'Donoghue, Cathal
Contact Email: n.d.hanley@stir.ac.uk
Issue Date: May-2010
Publisher: University of Wisconsin Press
Citation: Hynes S, Hanley N & O'Donoghue C (2010) A combinatorial optimization approach to nonmarket environmental benefit aggregation via simulated populations, Land Economics, 86 (2), pp. 345-362.
Abstract: This paper considers the use of a "combinatorial optimization" technique in the aggregation of environmental benefit values. Combinatorial optimization is used to statistically match population census data to a contingent valuation survey The matched survey and census information is then used to produce regional and national total willingness-to-pay figures. These figures are then compared to figures derived using More standard approaches to calculating aggregate environment benefit values. The choice of aggregation approach is shown to have a major impact upon estimates of total benefits at a regional level, especially when the target population displays considerable heterogeneity across space.
Type: Journal Article
URI: http://hdl.handle.net/1893/11738
URL: http://le.uwpress.org/content/86/2/345.abstract
Rights: The publisher has not responded to our queries therefore this work cannot be made publicly available in this Repository. Please use the Request a Copy feature at the foot of the Repository record to request a copy directly from the author. You can only request a copy if you wish to use this work for your own research or private study.
Affiliation: National University of Ireland - Galway
Economics
Teagasc

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