NSCPHD1036 Economic Valuation of Non-marketed Environmental Goods
Economic Valuation of Non-marketed Environmental Goods
Applied Economics (AECON)
The course is intended for PhD students who have no or very
limited previous experience with economic valuation. The course
will provide the PhD students with a solid theoretical foundation
in economic valuation of environmental goods and the associated
empirical, econometric methods.
The first part of the course will give a broad introduction to the
welfare the-oretic background and the methods of economic valuation
of non-marketed goods. The second part of the course focuses in
more detail on one (or more) of the economic valuation methods;
hedonic pricing, travel cost method, contingent valuation or choice
experiments. Specifically which method(s) to focus on in the second
part is up to the student, depending on what is relevant for the
student’s own PhD project.
Course activities consist of three elements:
- Reading of the extensive reading list, see below
- Meetings with and presentations for course supervisors. PhD
stu-dents can ask about the theory and empirical methods and
present their own reflections on the relevance of the theory and
the empirical methods for their own research
- Preparation of a course report focusing on relevant theory and
meth-ods for own researchLearning Objectives:
The central themes of the course are the methodologies and
techniques ap-plied in economic valuation of non-marketed goods and
the underlying eco-nomic theory. These skills and competences
acquired from this course are necessary in order to conduct
state-of-the-art empirical surveys and research in this field.
Having successfully completed the course the participant is
ex-pected to be able to:
Knowledge:
- Explain the welfare economic principles underlying economic
valua-tion methods
- Describe the different economic valuation methods
- Reflect on the relevance and limitations of valuation methods in
re-lation to various environmental goods and services, human life,
etc.
Skills:
- Identify relevant approaches to empirical economic valuation
studies in specific analytical settings
- Evaluate the validity of the quantitative results obtained in
economic valuation studies.
Competences:
- Assess the relevance and limitations of empirical economic
valuation surveys in different policy settings
- Discuss scientific and political disagreements in relation to
economic valuation
Journal art. ctd:
Kahneman, D., Knetsch, J.L., 1992. Valuing Public Goods: The
Purchase of Moral Satisfaction, Journal of Environmental Economics
and Management 22, 57-70.
Kling, Catherine L., Daniel J. Phaneuf, and Jinhua Zhao.2012.
"From Exx-on to BP: Has Some Number Become Better Than No
Number?" Journal of Economic Perspectives, 26(4): 3-26.
Willig, R. 1976. Consumer’s Surplus Without Apology. American
Eco-nomic Review 66: 589-597.
Course Literature for the second (specific) part of the course: The
course also includes specific reading according to the emprical
interest of the PhD student within - Hedonic pricing - Travel cost
- Contingent Valuation - Choice Experiments .. this are made
available at course start.
- Kategori
- Timer
- Forberedelse
- 110
- Kollokvier
- 20
- Projektarbejde
- 60
- Vejledning
- 20
- I alt
- 210
You enroll into this course by contaction the teachers offering the course and agreeing on a coruse schedule.
- Point
- 7,5 ECTS
- Prøveform
- AndetThe course is assessed as "pass" or "fail" on the basis of the quality of the insights gained and reflected in the independent work to formulate a theoretical basis and develop an empirical approach that is relevant in relation to the student’s own PhD project.
- Censurform
- Ingen ekstern censur
Kursusinformation
- Sprog
- Dansk
- Kursuskode
- NSCPHD1036
- Point
- 7,5 ECTS
- Niveau
- Ph.d.
- Varighed
- Placering
- Blok 1, Blok 2, Blok 3, Blok 4 og Efterår
You enroll into this course by contacting the teachers offering the coruse and agreeing on a course schedule
- Skemagruppe
- You enroll into this course by contacting the teachers offering the coruse and agreeing on a course schedule
- Kursuskapacitet
- 10 at any given time
- Pris
There are no fees for PhD students enrolled at Danish Universities.
There may be costs for the books listed in the curricula, but these would anyway be part of a PhD students shelf content.
- Studienævn
- Ph.d.-studienævn SCIENCE
Udbydende institut
- Institut for Fødevare- og Ressourceøkonomi
Kursusansvarlige
- Jette Bredahl Jacobsen (3-7a727a507976827f3e7b853e747b)
- Søren Bøye Olsen (4-84807380517a7783803f7c863f757c)
- Thomas Lundhede (4-85797d86517a7783803f7c863f757c)