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https://hdl.handle.net/10419/53247
Kompletter Metadatensatz
DublinCore-Feld | Wert | Sprache |
---|---|---|
dc.contributor.author | Strazzera, Elisabetta | en |
dc.contributor.author | Cherchi, Elisabetta | en |
dc.contributor.author | Ferrini, Silvia | en |
dc.date.accessioned | 2011-01-13 | - |
dc.date.accessioned | 2011-12-15T11:31:53Z | - |
dc.date.available | 2011-12-15T11:31:53Z | - |
dc.date.issued | 2008 | - |
dc.identifier.uri | http://hdl.handle.net/10419/53247 | - |
dc.description.abstract | This study adopts a discrete choice modelling methodology to evaluate individuals' preferences over planning alternatives for an urban site of environmental interest. Since such projects involve some uncertainty and irreversibility, a special attention is devoted to the estimation of the quasi-option values which are associated to project development. Two distinct measures for the quasi-option value are estimated, and both coefficients indicate that the public places a significant value on reduction of the possibility of adverse irreversible effects: a more prudent development strategy is valued about four times more than a procedure that provides a lesser hedge against undesired outcomes. Furthermore, the study involved elicitation of intertemporal preferences over projects with different time spans, and estimation of the implicit discount rates: the values obtained seem high if compared to standard discount rates applied to public projects, but not far from current interest rates on consumption. | en |
dc.language.iso | eng | en |
dc.publisher | |aFondazione Eni Enrico Mattei (FEEM) |cMilano | en |
dc.relation.ispartofseries | |aNota di Lavoro |x63.2008 | en |
dc.subject.jel | C35 | en |
dc.subject.jel | Q51 | en |
dc.subject.jel | R41 | en |
dc.subject.ddc | 330 | en |
dc.subject.keyword | Urban Planning | en |
dc.subject.keyword | Environmental Values | en |
dc.subject.keyword | Choice Modelling | en |
dc.subject.keyword | Use Values | en |
dc.subject.keyword | Quasi-option Values | en |
dc.subject.keyword | Discounting | en |
dc.title | A choice modelling approach for assessment of use and quasi-option values in urban planning for areas of environmental interest | - |
dc.type | Working Paper | en |
dc.identifier.ppn | 643905219 | en |
dc.rights | http://www.econstor.eu/dspace/Nutzungsbedingungen | en |
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