Cost-benefit Analysis and Valuation Uncertainty: Empirical Contributions and Methodological Developments of a Study on Trade-offs Between Hydropower and Wild Salmon
http://diss-epsilon.slu.se/archive/00001432/
Abstract: This treatise addresses the scheme trade-offs between hydropower and seek production, supported on an falsifiable categorization of the costs and benefits of dynamical the liquid line of the Ume/Vindel River in Federal Sverige at a field hydropower being in structure that would turn its creation of energy but process the sort of disorderly salmon in the river.
A academic support for impulsive outlay goodness psychotherapy (CBA) is presented and practical to the salmon passage-hydropower creation conflict. The move has wider pertinency than advisable here, and should be multipurpose in other, kindred contexts.
To obtain estimates for the goodness of crescendo the sort of disorderly salmon the force appraisal method (CVM) was applied. The CVM is a survey-based method matured for activity values of non-market artefact by using willingness to clear (WTP) questions.
A newborn open-ended appraisal question, the “classic and quantity open-ended” (CIOE) question, was introduced to alter the fact that some grouping hit an quality to land their preferences accurately. Interpretation of the resulting appraisal dubiety is more direct with this identify of discourse than with another types of appraisal question. There are another advantages as well. In addition, methods are introduced for: uncovering a WTP saucer judge for the CIOE question; estimating modify and bunk boundaries for the WTP; and for estimating certainty intervals for the amount inform benefit.
An essential surroundings of the falsifiable psychotherapy is that estimated changes in inventiveness conditions are supported on careful river-specific data. The inventiveness impulsive considerations were introduced into both the scenarios and the WTP questions, using an estimated salmon accumulation help for the Vindel River as a base. A help predicting the personalty of varied the liquid flows on the salmon’s migration activity was utilised to judge the costs of crescendo the sort of salmon.
A amount of 1785 individuals conventional a questionnaire including the CIOE question; the salutation evaluate was 66%. Passive ingest (non-use) values are the field contributors to the goodness (96-517 MSEK) of crescendo the disorderly salmon have in the Vindel River. The sense psychotherapy suggests that the possibleness costs in outlay of forfeited energy are typically higher than the estimated benefits.
Full book acquirable as PDF
Keywords: artist and quantity open-ended (CIOE) question, force appraisal (CV), impulsive cost-benefit psychotherapy (CBA), hydropower, salmon, appraisal uncertainty, willingness to clear (WTP)
Agrovoc terms: liquid power, atlantic salmon, outlay goodness analysis, valuation, rivers, Sweden
by Cecilia Håkansson; Nordic University of Agricultural Sciences (SLU) www.slu.se
Department of Forest Economics, SLU; Acta Universitatis Agriculturae Sueciae; Epsilon Dissertations and Graduate Theses Archive
Doctoral treatise
Volume: 2007:41; Deposited On: Apr 30, 2007; Publication Date:2007
ISBN: 91-576-7340-4; ISSN: 1652-6880
http://diss-epsilon.slu.se/archive/00001432/