Domande d'esame VERIFICATO
resource valuation an decision making methods
Università degli studi di Bologna resource economics and sustainable development / economia delle risorse e dello sviluppo sostenibile 2021
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- Contingent Valuation Method (CVM): Describes its steps, the Willingness To Pay (WTP) vs. Willingness To Accept (WTA) disparity, and the identified findings of the NOAA Panel.
- Project Appraisal and Discount Rate Choice: Defines the Net Present Value (NPV) test and discusses how discount rate choices influence NPV. It outlines the main approaches to discount rate selection and practical considerations for projects with lifetimes exceeding 75 years.
- Value of Statistical Life (VSL): Defines the concept and explores various methods for attaching monetary value to life.
- Discount Rate Choices in Practice: Explains the distinction between intra- and inter-generational discounting, emphasizing guidelines from international government agencies.
- Decision Rules: Covers decision rules for games against nature and individual decision-making processes in situations involving risk.
- Revealed Preference Methods: Describes their characteristics, comparing them with stated preference methods. Focuses on the Travel Cost Method (TCM), explaining its theoretical basis, shortcomings, and providing examples of its application.
- Environmental Valuation Techniques: Discusses the capability of revealed preference methods to measure environmental benefits or costs, specifically identifying appropriate valuation methods for water pollution (river) and noise pollution (airport) when assessing environmental quality changes from projects.
- Travel Cost Method (TCM) Detailed Analysis: Provides an in-depth explanation of the theoretical basis, advantages, and shortcomings of the TCM, concluding with a description of the steps involved in the Zonal Travel Cost Model.
Altri appunti di RESOURCE VALUATION AND DECISION-MAKING METHODS [cod. 75570]
Resource valuation and decision making methods summary
Resource Valuation and Decision making methods summary 2
RESOURCE VALUATION AND DECISION MAKING METHODS PRIMA PARTE
Resource valuation and decision making methods - modulo 1
Resource valuation and decision making methods - module 2
Exam 4.2.2022