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
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."