Economic Value of Original Non-Market Valuation Research

Bryon Allen and John Loomis

No 20263, 2004 Annual meeting, August 1-4, Denver, CO from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: We describe a method to determine the net economic gain from conducting original research to estimate non-market benefits of public policy and demonstrate an application of this method. We provide a step-wise method to allow policy practitioners to make informed decisions about when there are expected net benefits to conducting or contracting for original research to estimate the benefits of a policy decision.

Keywords: Research; and; Development/Tech; Change/Emerging; Technologies (search for similar items in EconPapers)
Pages: 21
Date: 2004
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea04:20263

DOI: 10.22004/ag.econ.20263

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