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Journal of Economic Literature - Book Review

JEL Volume. 52, Issue 1 | leftPrevious Review Next Review right

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Book(s) Reviewed

Valuing Climate Change Mitigation: Applying Stated Preferences in the Presence of Uncertainty by Sonia Akter and Jeff Bennett

Published By: Cheltenham, U.K. and Northampton, Mass.: Elgar
ISBN: 978-1-78100-332-9
Date of Publication: 2012


Book Review Detail

Reviewed by: Carlo Fezzi of University of East Anglia and University of California, San Diego
Review DOI: 10.1257/jel.52.1.211.r17
Review Pages: 242-43

Book Review Abstract

Carlo Fezzi of University of East Anglia and University of California, San Diego reviews, "Valuing Climate Change Mitigation: Applying Stated Preferences in the Presence of Uncertainty" by Sonia Akter and Jeff Bennett. The Econlit abstract of this book begins: "Explores the impact of introducing scenario uncertainty, policy uncertainty, and preference uncertainty into stated preference-generated estimates of the benefits of climate change mitigation. Discusses climate change and uncertainty; uncertainty and stated preference techniques—a conceptual overview; uncertainty and stated preference techniques in practice; data; public perceptions, understanding, and knowledge of climate change; climate change uncertainty and contingent valuation welfare estimates; the role of global cooperation; climate change uncertainty and choice experiment welfare estimates; and determinants of preference uncertainty. Akter is with the Department of Economics at the Helmholtz Centre for Environmental Research–UFZ. Bennett is Professor of Environmental Management in the Crawford School of Economics and Government at the Australian National University."


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Book Review Authors

Carlo Fezzi of University of East Anglia and University of California, San Diego


JEL Classifications

Q51: Valuation of Environmental Effects
Q54: Climate; Natural Disasters; Global Warming
Q58: Environmental Economics: Government Policy


Journal of Economic Literature


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