Grantee Research Project Results
1997 Progress Report: Updating Prior Methods for Non-Market Valuation A Bayesian Approach to Combining Disparate Sources of Environmental Values
EPA Grant Number: R825310Title: Updating Prior Methods for Non-Market Valuation A Bayesian Approach to Combining Disparate Sources of Environmental Values
Investigators: Herriges, Joseph A. , Kling, Catherine L.
Institution: Iowa State University
EPA Project Officer: Chung, Serena
Project Period: October 1, 1996 through September 30, 1998
Project Period Covered by this Report: October 1, 1996 through September 30, 1997
Project Amount: $210,199
RFA: Decision-Making and Valuation for Environmental Policy (1996) RFA Text | Recipients Lists
Research Category: Environmental Justice
Objective:
- To develop and test Bayesian procedures for combining disparate sources of nonmarket valuations
- To develop and test Bayesian procedures for benefits transfer
- To estimate the value of wetland restoration
Progress Summary:
As planned, we are well along in the process of designing and implementing the survey which provides the data required for this research. In particular, we have a completed questionnaire that has been revised based on the results of four focus groups we have held over the past three months. We have produced and mailed 600 copies of the survey as a pretest. Based on the results of the pretest we will revise the survey and are on schedule to mail approximately 6000 surveys to Iowa residents in February and March of 1998.Future Activities:
During the next year, we will complete the administration of both the pretest and the actual survey. The data will be coded and primary data analysis will begin. During the summer and fall of 1998, we anticipate initiating and completing the baseline valuation analysis discussed in our original proposal . We will also initiate work on the integration of travel cost and contingent valuation data, travel cost and contingent behavior data, and on the transfer of welfare measures across sites.Journal Articles:
No journal articles submitted with this report: View all 10 publications for this projectSupplemental Keywords:
RFA, Scientific Discipline, Economic, Social, & Behavioral Science Research Program, Economics & Decision Making, Economics, decision-making, Social Science, Ecology and Ecosystems, public values, benefits transfer, public resources, valuing environmental quality, willingness to pay, standards of value, non-market valuation, Bayesian approach, value transfers, cost benefit, ecosystem valuation, policy analysis, cost effectiveness, public policy, cost/benefit analysis, environmental values, psychological attitudes, social psychology, midwest, wetlands preservation, decision analysis, economic incentives, aquatic ecosystems, contingent valuation, preference formation, conservation, environmental assetsProgress and Final Reports:
Original AbstractThe perspectives, information and conclusions conveyed in research project abstracts, progress reports, final reports, journal abstracts and journal publications convey the viewpoints of the principal investigator and may not represent the views and policies of ORD and EPA. Conclusions drawn by the principal investigators have not been reviewed by the Agency.