prikaz prve stranice dokumenta A review of theoretical and conceptual foundations for consolidated analysis of CVM and CBA for natural and environmental resources
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Scientific paper - Original scientific paper
A review of theoretical and conceptual foundations for consolidated analysis of CVM and CBA for natural and environmental resources
In: RED 2022. / Leko Šimić, Mirna (Ed.). Osijek: Ekonomski fakultet, 2022. pp. 531-548. urn:nbn:hr:242:805325
Opačak, Marija

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Opačak, M. (2022). A review of theoretical and conceptual foundations for consolidated analysis of CVM and CBA for natural and environmental resources. In M. Leko Šimić, (Ed.), RED 2022 (pp. 531-548). Osijek: Ekonomski fakultet. Retrieved from https://urn.nsk.hr/urn:nbn:hr:242:805325

Opačak, Marija. "A review of theoretical and conceptual foundations for consolidated analysis of CVM and CBA for natural and environmental resources." RED 2022, edited by Mirna Leko Šimić, Ekonomski fakultet, 2022, pp. 531-548. https://urn.nsk.hr/urn:nbn:hr:242:805325

Opačak, Marija. "A review of theoretical and conceptual foundations for consolidated analysis of CVM and CBA for natural and environmental resources." In RED 2022, 531-548. Osijek: Ekonomski fakultet, 2022. Accessed 2024 June 25. https://urn.nsk.hr/urn:nbn:hr:242:805325

Opačak, M. (2022) 'A review of theoretical and conceptual foundations for consolidated analysis of CVM and CBA for natural and environmental resources', in Leko Šimić, M. (ed.), RED 2022, Ekonomski fakultet, Osijek, pp. 531-548. Available at: https://urn.nsk.hr/urn:nbn:hr:242:805325 (Accessed 25 June 2024)

Opačak M. A review of theoretical and conceptual foundations for consolidated analysis of CVM and CBA for natural and environmental resources. In: M. Leko Šimić, ed. RED 2022. Osijek: Ekonomski fakultet; 2022. Pp. 531-548. [cited 2024 June 25] Available at: https://urn.nsk.hr/urn:nbn:hr:242:805325

M. Opačak, "A review of theoretical and conceptual foundations for consolidated analysis of CVM and CBA for natural and environmental resources", RED 2022, M. Leko Šimić, Ed. Osijek: Ekonomski fakultet, 2022. [Online] Available at: https://urn.nsk.hr/urn:nbn:hr:242:805325 [Accessed: 25 June 2024]

Metadata
Title (english)A review of theoretical and conceptual foundations for consolidated analysis of CVM and CBA for natural and environmental resources
AuthorMarija Opačak
EditorMirna Leko Šimić
Author's institutionInstitute of Public Finance
Scientific / art field,
discipline and subdiscipline		SOCIAL SCIENCES
Economics
Abstract (english)
This paper outlines a theoretical framework for non-market valuation, and theoretical and conceptual foundations of cost-benefit analysis for natural and environmental resources. Despite the fact that contingent valuation estimates may contain errors, it is still recommended for policy makers to use estimated values of willingness to pay of important public goods than to ignore them. If their value is not assessed, it is simply considered a zero. Cost-benefit analysis (CBA) can apply to policies, projects, regulations, and other government interventions. It is an assessment approach that puts a monetary value on policies’ consequences to justify the feasibility of a project. Building and understanding the conceptual foundations of CBA is crucial for ascertaining whether it can be used as a decision rule or not. To achieve environmentally and socially reliable management, it is recommended to involve everyone who will be affected by the policy implementation in a way that the study can reveal their interests and preferences related to a specific environmental issue or policy change. The paper points out the most relevant aspects to be taken into consideration when applying non- market valuation were generated.
Keywords (english)
Languageenglish
Publication typeScientific paper - Original scientific paper
Publication statusPublished
Peer reviewPeer review
Publication versionPublished version
Publication titleRED 2022
Numberingpp. 531-548
p-ISSN1848-9559
URN:NBNurn:nbn:hr:242:805325
Publication2022
ConferenceTitle: 11th International Scientific Symposium Region Entrepreneurship Development
Location: Osijek, Croatia
Start date: 2022-06-09
End date: 2022-06-11
Assembly type: Lecture
Type of resourceText
PublisherEkonomski fakultet
Publishing placeOsijek
Access conditionsOpen access
Terms of useLicence Attribution-NonCommercial-NoDerivatives 4.0 International (CC BY-NC-ND 4.0) icon
Created on2023-11-12 08:38:32