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A stimulating annealing approach to non-market environmental benefit aggregation.

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dc.contributor.author Hynes, Stephen en
dc.date.accessioned 2011-05-26T14:48:59Z en
dc.date.available 2011-05-26T14:48:59Z en
dc.date.issued 2010-12 en
dc.identifier.citation Hynes, S., Hanley, N., & O'Donoghue, C. (2010). A stimulating annealing approach to non-market environmental benefit aggregation (Economics Working Paper no. 166): Department of Economics, National University of Ireland, Galway. en
dc.identifier.uri http://hdl.handle.net/10379/1943 en
dc.description.abstract This paper considers the use of a 'combinatorial optimization' technique in the aggregation of environmental benefit values. Combinatorial optimization is used to statistically match population census data to a Contingent Valuation survey. The matched survey and census information is then used to produce regional and national total WTP figures. These figures are then compared to figures derived using more standard approaches to calculating aggregate environment benefit values. The choice of aggregation approach is shown to have a major impact upon estimates of total benefits at a regional level, especially when the target population displays considerable heterogeneity across space. en
dc.format application/pdf en
dc.language.iso en en
dc.publisher National University of Ireland, Galway en
dc.relation.ispartofseries Economics Working Papers;166 en
dc.subject Economics en
dc.subject Combinatorial optimization en
dc.subject Contingent valuation en
dc.subject Spatial microsimulation en
dc.subject Non-market benefit aggregation en
dc.title A stimulating annealing approach to non-market environmental benefit aggregation. en
dc.type Working Paper en
dc.description.peer-reviewed peer-reviewed en
dc.contributor.funder Dept. of Agriculture, Fisheries and Food (Rural Stimulus Funded) en

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