Landscape Economics
About this book
This revised and expanded edition of Colin Price's seminal publication provides a richly comprehensive and up-to-date coverage of landscape economics, a subject which has until now been addressed only in limited aspects. Althoughmuch of the book's discussion is based upon natural resources and environmental economics, the author presents a wide and integrative view, drawing from aesthetic, psychological, social and political perspectives and applying a critical use of economic concepts and challenges to different schools of thought on the landscape. This new edition includes new ideas and critiques on environmental valuation;more focused critiques of stated preference methods, political alternatives to economic valuation, and of the rationale of discounting future values; and, new evaluative techniques, particularly price premia for products with a landscape provenance.
For those interested in the theoretical aspects of aesthetic valuation, and for those who seek solutions to practical problems of aesthetic conservation, amelioration and enhancement, this new edition gives an overview of evaluative techniques, of their potential problems and of possible solutions. The updates are a major contribution to the growing literature in the field.
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Information
Table of contents
- Preface to the Second Edition
- Preface to the First Edition
- Contents
- List of Figures
- List of Tables
- 1 The First Hurdle
- 2 The Costs of Landscape
- 3 Opportunity Costing of Land: For Landscape Professionals, or for Land Economists?
- 4 The Constitution of Value
- 5 Aesthetic Expertsâ Approaches
- 6 Monetising Expert Valuations: Examples with Amenity Trees
- 7 The Democratic Alternative
- 8 CostâBenefit Analysis and Willingness to Pay for Landscape
- 9 Critiques of Costâbenefit Analysisâand of Alternative Processes
- 10 Markets and Quasi-Markets
- 11 Stated Preference Questionnaires
- 12 The Statistical Basis of Valuation: The Hedonic House Price Model
- 13 Visited, Traversed and Conjectured Landscape
- 14 Controlled and Creative Subjectivity: Expert Mediation in Aesthetic Valuation
- 15 The Utility Effects of Landscape Change
- 16 Values Over Time
- 17 Pragmatic Case Studies
- 18 Macroeconomic Effects
- 19 Implementing Desired Solutions
- 20 Not a Featureless Plain
- Appendix A Unit Costs in a Discounting Framework
- Appendix B The Area under the Demand Curve
- Reference
- Appendix C The Net Present Value of Expanding Future Visitation
- Appendix D The Insignificance of Non-collectible Benefits
- References
- Appendix E Land-Use Selection When Discounting is not Invariably Practised
- Glossary
- Index