Saturday, November 5, 2011

Identifying the scope effect on a meta-analysis of biodiversity valuation studies
Abstract: Insensitivity to scope is an issue of much debate in contingent valuation (CV) even today. Although the literature about insensitivity to scope is abundant, the reasons for it are not yet well known. Through a meta-analysis of CV studies of biodiversity, the treatment of the different possible measures of the quantity of the good is explored in relation to scope sensitivity. Overall, the findings suggest that CV results are sensitive to the amount of the good being valued, although the result depends on how the environmental change is measured. Results support the use of absolute sizes when conducting CV studies.

by Elena Ojea 1 and Maria L. Loureiro 2
1. Basque Centre for Climate Change (BC3), Alameda Urquijo 4, 4-1, 48008 Bilbao, Bizkaia, Spain
2. Universidade de Santiago de Compostela, Departamento de Fundamentos da Análise Económica, Facultade de Ciencias Económicas e Empresariais, Campus Universitario Norte, 15782 Santiago de Compostela, Spain
Resource and Energy Economics via Elsevier Science Direct
Volume 33, Issue 3, September 2011, Pages 706-724
Keywords: Biodiversity; Contingent valuation; Ecosystems; Meta-analysis; Scope test

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