Does Music Affect Visitors’ Choices for the Management and Conservation of Ecosystem Services?

Psychological research has long demonstrated that preferences can be influenced by stimuli coming from the environment. Music, as an external stimulus influencing people behaviours, purchasing processes and spending, has been widely analysed in consumer behaviour and marketing literature. Here, we focus on the effect of music genres on preferences and willingness to pay for selected ecosystem services of a Nature Park when they are elicited with a Discrete Choice Experiment. This aspect is important in non-market valuation because music can represent an element of context-dependence for the assessment of individual choices, so that the assumption of preference stability does not hold, and welfare estimates may be biased. The results of a generalized mixed logit model evidenced a significant effect of music on preferences. If elicited preferences depend on the context on which the survey is implemented, wrong information to decision makers is provided when the choice context is altered by an uncontrolled external stimulus. This result is particularly important for applied researchers and policy makers. First, the use of protocols and guidelines that instruct respondents about the ambient background when answering a questionnaire is highly recommended, particularly for online surveys. Second, specific genres of music should be used in educational and ecosystem services conservation campaigns and also piped in visitor centres and virtual tours to encourage nature conservation and improve visitors’ sensitiveness for the environment.

A Non-Market Valuation Approach to Environmental Cost-Benefit Analysis for Sanitary Landfill Project Appraisal

Extensive non-engineered landfilling practice in developing countries has raised environmental concerns, but operating a sanitary landfill appears infeasible due to financial incapability. This study aims to determine the feasibility of a sanitary landfill project by including its environmental values into the project appraisal while simultaneously applying three policy-relevant methods—non-market valuation, benefits transfer, and cost-benefit analysis—in two study areas in Peninsular Malaysia. The non-market valuation study used choice modeling, a questionnaire-based technique, to elicit willingness to pay among 624 households toward the environmental attributes of the sanitary landfill. Their responses resulted in the monetary values of the environmental attributes by referring to implicit prices of leachate discharge, bad odor, disease vector and view. The implicit prices of bad odor (RM2.29 per month) and view (RM3.59 per month) in the two study areas were transferable and used as a proxy of additional solid waste disposal payment in environmental cost-benefit analysis. Positive net present value offers empirical evidence of the feasibility of the sanitary landfill project. The findings show that the inclusion of environmental values in project appraisals increases the chances of implementing sanitary landfills, providing a new approach to address the environmental concerns in developing countries. Future research should consider the external costs along with the external benefits to allow for a comprehensive comparison between environmental values in environmental cost-benefit analysis.

Society’s Willingness to Pay for Certified Dry Firewood Energy in Chile

Introduction: Air pollution is present in most cities in Chile due to smoke produced from firewood, as happened in many developing countries, generating various health problems among the population. This situation is especially prevalent in all cities in central and southern Chile. To mitigate it, the government implemented several measures, among which are the promotion of the use of certified dry firewood and hourly restrictions on the use of wood-burning stoves for heating according to the peak emissions of particulate matter.Objective: The objective of this study was to determine the willingness to pay for certified dry firewood as a means of reducing environmental restrictions on the use of wood-burning stoves to heat households.Materials and methods: The study used a non-market valuation, specifically contingent valuation, method using a double-bounded dichotomous choice format with the estimation of biprobit econometric models.Results: The results showed that the average individual was willing to pay 12 USD, and extrapolating that to the local population’s willingness to pay yielded an economic value of 3,415,140 USD, which to a certain extent represents the valuation of air pollution damage.Conclusion: Our results showed that people positively valued the use of dry firewood as a payment vehicle to improve air quality and thereby reduce restrictions on the use of certified dry firewood for heating. Therefore, complementary environmental policy measures should be continued to address the problem of air pollution in both the short and long term.

External costs—accounting perspective

Nowadays, shareholders would like to receive more information about companies’ activities. They would like to know how the company treats their local community, how their activities influ-ence the environment or even if the company’s activities are harmful for society. This information is needed and has to do with costs for society. Tracking these costs, called external costs, more precisely seems to be becoming more important in accounting and is starting to become a new research area. The need for treating external costs like a part of research in accounting is indicated by a trend of the accounting of social responsibility, the theory of legitimacy in accounting, the concept of full cost accounting and the directive on disclosure of non-financial information. The use of the envi-ronment isn’t free of charge for companies. According to national laws, companies are obligated to pay environmental fees or taxes when using the environment. Existing fees and taxes for using the environment don’t resolve the problems of measuring and evaluating the external costs in companies. What is important to note is that external costs are connected with using goods such as air, soil, water, silence or the aesthetics of the surroundings. They all are non-marketable goods; they don’t have prices on the market. Therefore, one of the non-market valuation methods could be used to evaluate them. One of the biggest problems for accounting in the future will be measuring the volume of using these goods or measuring the size of reduction in the quality of public goods suffered and assigning the decrease to particular companies.

Availability of Non-Market Values to Inform Decision-Making in Australian Fisheries and Aquaculture: An Audit and Gap Analysis

Fisheries and aquaculture management can have impacts on economic, social and environmental outcomes. Assessing alternative management options requires an understanding of the different trade-offs between these outcomes. Cost–benefit analysis provides a framework in which these trade-offs can be assessed, but requires all costs and benefits to be enumerated in monetary terms. However, some impacts associated with fisheries and aquaculture, particularly environmental, have no explicit monetary value, so they require non-market values to be derived. In this study, we identify and prioritize, through a stakeholder workshop, non-market values that are of the most relevance to Australian fisheries and aquaculture managers. We assess the potential of existing studies to provide appropriate values for use by managers through a detailed review of available studies. We found a deficiency in the number of recent studies across all priority areas. Non-market valuation of recreational fishing has attracted the most attention previously in Australia, but studies in the last five years were found in only half of the states. Other priority non-market values have been estimated in only one or two states, and most have no estimates within the last five years. The results of the study highlight the need for further research in this area.

Open Access in Scientific Information: Sustainability Model and Business Plan for the Infrastructure and Organization of OpenAIRE

In 2008 European Commission launches the open access infrastructure for research in Europe project (OpenAIRE), supporting open access (OA) in scientific information and research output. In this paper, we assess the economic sustainability of the OpenAIRE project. The empirical strategy is developed through a Cost–Benefit Analysis framework to evaluate and compare the costs and benefits of OpenAIRE services to provide recommendations on the project’s economic efficiency and sustainability, a non-market valuation method based on the results of a “Choice Experiment” to calculate the Total Economic Value generated by OpenAIRE and a full preference ranking approach. Findings indicate that stakeholders prefer interoperability between research platforms and output, better access to scientific results and compliance to OA mandates. Furthermore, net social benefits for the basic services for 15 years are at least five times higher than costs’ present value while the potential R&D effect from research suggests even larger benefits in the long run. Subscriptions based on the estimated willingness to pay and cost, institutional subsidies and public awareness are the main recommendations for the sustainable operation of OpenAIRE. This study contributes to the literature on monetary valuation of the benefits and costs of OA to scientific knowledge.