The Value of Scientific Information on Climate Change: A Choice Experiment on Rokua esker, Finland
S This article presents an application of the choice experiment method in order to provide estimates of economic values generated by water quantity improvements in the environment. More importantly, this is the first choice experiment study valuing scientific information and in particular scientific...
Published in: | Journal of Environmental Economics and Policy |
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Online Access: | https://doi.org/10.1080/21606544.2011.647450 http://hdl.handle.net/10251/63773 |
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fttriple:oai:gotriple.eu:http://hdl.handle.net/10251/63773 2023-05-15T17:42:45+02:00 The Value of Scientific Information on Climate Change: A Choice Experiment on Rokua esker, Finland Koundouri, Phoebe Kougea, Eva Stithoua, M. Ala-ahob, P. Eskelinenb, R. Karjalainenc, T.P. Klove, Bjorn Pulido-Velazquez, M. Reinikainene, K. Rossi, P.M. Universitat Politècnica de València. Departamento de Ingeniería Hidráulica y Medio Ambiente - Departament d'Enginyeria Hidràulica i Medi Ambient European Commission 2012-01-01 https://doi.org/10.1080/21606544.2011.647450 http://hdl.handle.net/10251/63773 en eng Taylor & Francis urn:issn:2160-6544 doi:10.1080/21606544.2011.647450 http://hdl.handle.net/10251/63773 http://dx.doi.org/10.1080/21606544.2011.647450 other Repositorio Institucional de la Universitat Politècnica de València geo envir Journal Article https://vocabularies.coar-repositories.org/resource_types/c_6501/ 2012 fttriple https://doi.org/10.1080/21606544.2011.647450 2023-01-22T17:12:00Z S This article presents an application of the choice experiment method in order to provide estimates of economic values generated by water quantity improvements in the environment. More importantly, this is the first choice experiment study valuing scientific information and in particular scientific information on climate change. The case study of interest is Rokua in Northern Finland, a groundwater dependent ecosystem very sensitive to climate change and natural variability. The study deals with the uncertainty about the actual dynamics of the system and the effect of future climate change by exploring whether the public values sustained provision of resources for scientific research to better understand long-term environmental changes in Rokua. Data are analysed using a nested multinomial logit and an error component model. Evidence from this study suggests that individuals are willing to pay in order to assure scientific research so as to better understand long-term environmental changes. As a result, policy should consider investing in and supporting related research. Other aspects of water management policy valued by the public are water quantity, recreation, and total land income. We gratefully acknowledge the financial support from the European Union via the 7th Framework Program GENESIS: Groundwater and dependent ecosystems: New Scientific basis on climate change and land-use impact for the update of the EU Groundwater Directive; WP-6 Groundwater systems management: scenarios, risk assessment, cost-efficient measures and legal aspects. We finally thank two anonymous referees for constructive and insightful comments Koundouri, P.; Kougea, E.; Stithoua, M.; Ala-Ahob, P.; Eskelinenb, R.; Karjalainenc, T.; Klove, B. (2012). The Value of Scientific Information on Climate Change: A Choice Experiment on Rokua esker, Finland. Journal of Environmental Economics and Policy. 1(1):85-102. https://doi.org/10.1080/21606544.2011.647450 85 102 1 Article in Journal/Newspaper Northern Finland Unknown Journal of Environmental Economics and Policy 1 1 85 102 |
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geo envir Koundouri, Phoebe Kougea, Eva Stithoua, M. Ala-ahob, P. Eskelinenb, R. Karjalainenc, T.P. Klove, Bjorn Pulido-Velazquez, M. Reinikainene, K. Rossi, P.M. The Value of Scientific Information on Climate Change: A Choice Experiment on Rokua esker, Finland |
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geo envir |
description |
S This article presents an application of the choice experiment method in order to provide estimates of economic values generated by water quantity improvements in the environment. More importantly, this is the first choice experiment study valuing scientific information and in particular scientific information on climate change. The case study of interest is Rokua in Northern Finland, a groundwater dependent ecosystem very sensitive to climate change and natural variability. The study deals with the uncertainty about the actual dynamics of the system and the effect of future climate change by exploring whether the public values sustained provision of resources for scientific research to better understand long-term environmental changes in Rokua. Data are analysed using a nested multinomial logit and an error component model. Evidence from this study suggests that individuals are willing to pay in order to assure scientific research so as to better understand long-term environmental changes. As a result, policy should consider investing in and supporting related research. Other aspects of water management policy valued by the public are water quantity, recreation, and total land income. We gratefully acknowledge the financial support from the European Union via the 7th Framework Program GENESIS: Groundwater and dependent ecosystems: New Scientific basis on climate change and land-use impact for the update of the EU Groundwater Directive; WP-6 Groundwater systems management: scenarios, risk assessment, cost-efficient measures and legal aspects. We finally thank two anonymous referees for constructive and insightful comments Koundouri, P.; Kougea, E.; Stithoua, M.; Ala-Ahob, P.; Eskelinenb, R.; Karjalainenc, T.; Klove, B. (2012). The Value of Scientific Information on Climate Change: A Choice Experiment on Rokua esker, Finland. Journal of Environmental Economics and Policy. 1(1):85-102. https://doi.org/10.1080/21606544.2011.647450 85 102 1 |
author2 |
Universitat Politècnica de València. Departamento de Ingeniería Hidráulica y Medio Ambiente - Departament d'Enginyeria Hidràulica i Medi Ambient European Commission |
format |
Article in Journal/Newspaper |
author |
Koundouri, Phoebe Kougea, Eva Stithoua, M. Ala-ahob, P. Eskelinenb, R. Karjalainenc, T.P. Klove, Bjorn Pulido-Velazquez, M. Reinikainene, K. Rossi, P.M. |
author_facet |
Koundouri, Phoebe Kougea, Eva Stithoua, M. Ala-ahob, P. Eskelinenb, R. Karjalainenc, T.P. Klove, Bjorn Pulido-Velazquez, M. Reinikainene, K. Rossi, P.M. |
author_sort |
Koundouri, Phoebe |
title |
The Value of Scientific Information on Climate Change: A Choice Experiment on Rokua esker, Finland |
title_short |
The Value of Scientific Information on Climate Change: A Choice Experiment on Rokua esker, Finland |
title_full |
The Value of Scientific Information on Climate Change: A Choice Experiment on Rokua esker, Finland |
title_fullStr |
The Value of Scientific Information on Climate Change: A Choice Experiment on Rokua esker, Finland |
title_full_unstemmed |
The Value of Scientific Information on Climate Change: A Choice Experiment on Rokua esker, Finland |
title_sort |
value of scientific information on climate change: a choice experiment on rokua esker, finland |
publisher |
Taylor & Francis |
publishDate |
2012 |
url |
https://doi.org/10.1080/21606544.2011.647450 http://hdl.handle.net/10251/63773 |
genre |
Northern Finland |
genre_facet |
Northern Finland |
op_source |
Repositorio Institucional de la Universitat Politècnica de València |
op_relation |
urn:issn:2160-6544 doi:10.1080/21606544.2011.647450 http://hdl.handle.net/10251/63773 http://dx.doi.org/10.1080/21606544.2011.647450 |
op_rights |
other |
op_doi |
https://doi.org/10.1080/21606544.2011.647450 |
container_title |
Journal of Environmental Economics and Policy |
container_volume |
1 |
container_issue |
1 |
container_start_page |
85 |
op_container_end_page |
102 |
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1766144666375290880 |