Course: Cost Benefit Analysis and Environmental Valuation (lecture) (5206-611)

Persons:

• Prof.Dr. Michael Ahlheim (verantwortlich)

Type of Course:

lecture

In-Class Hours Per Week:

2

Contents:

This course focusses on the changes in social welfare caused by changes in environmental quality and on their measurement in monetary terms. Based on neoclassical welfare theory the different concepts of empirical welfare measurement will be discussed. Then practical assessment techniques will be introduced and illustrated on the basic of case studies taken from the able research of the chair in this field.
Revealed preference methods like the Travel Cost Method, Averting Behaviour, Hedonic Prices etc. as well as stated preference methods like Choice Experiments and the Contingent Valuation Method will be discussed at length.

Literature:

Introductory literature on theory and practical application will be provided on ILIAS. In addition to this, suitable literature to individual topics will also be announced in the lecture course appositely

Location:

Hohenheim

Remarks:

Further information can be found on the homepage of the chair (https://umweltoekonomie.uni-hohenheim.de/).

Module:

• 5206-610 Environmental Economics 2 (compulsory)