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Economics, Econometrics and Finance · Research topic

Open research questions in Economic and Environmental Valuation

33 unresolved questions extracted from the limitations and future-work sections of 1,328 Economic and Environmental Valuation papers in our library. Each links back to the study that raised it.

What the literature leaves open

  • Abstract While the value of travel time savings (VTTS) has been extensively studied, and willingness to pay (WTP) for decarbonisation has been explored in contexts such as air travel, vehicle purchases, and energy consumption, their integration within multimodal urban transport choice experiments remains underexplored.

    Measuring willingness to pay for travel time savings, CO2 emissions reduction and calories burned when multiple modes are available: an application of the partial choice set approach · 2026 · DOI

  • This finding adds an important interpretative dimension to previous results, showing that effective communication strategies should not be limited to the operational aspects of the system, but should also emphasize the positive impact on the environment and the contribution to the development of the circular economy.

    Environmental Awareness and Participation Intentions in Moldova’s Deposit Return System · 2026 · DOI

  • In this case, the contingent-valuation-only aggregate (derived from the median WTP and extrapolated to the service population) is substantially smaller than the market-based direct-benefit estimate, consistent with longstanding concerns that WTP responses often embed limited information, symbolic support, and framing effects rather than the economic value actually received.

    An Integrated Valuation Framework for Estimating ROI in Public Services: The Case of Public Libraries in Kansas · 2026 · DOI

  • He focuses attention to the Italian case since it has been argued that the potential acceptability of a carbon tax in Italy is relatively high, and this topic has been scarcely explored so far among Italian citizens (Rotaris and Danielis, 2019).

    Does climate change concern alter individual tax preferences? Evidence from an Italian survey · 2023 · DOI

  • Conclusion The fact that Ehrlich and Schneider's own choice of indicators yielded mixed results in the long run, coupled with the fact that Simon's preferred indicators of direct human welfare yielded largely favorable outcomes is, in our opinion, sufficient to claim that Simon's optimistic perspective was largely validated.

    Care to Wager Again? An Appraisal of Paul Ehrlich's Counterbet Offer to Julian Simon, Part 2: Critical Analysis · 2021 · DOI

  • The results found that the steady state value of the optimal environmental regulatory stringency was higher, and the steady state value of the stock of accumulative pollutants was lower in the case where sufficient liability costs for environmental damages were estimated, compared with the case where the estimation of liability costs was insufficient.

    Accumulative Pollution, Environmental Regulation and Environmental Costs: Dynamic Approach · 2019 · DOI

  • Experimental auctions are limited by the availability of products and the use of locally recruited participants, whereas SC surveys lack real economic incentives.

    Extrapolating experimental-auction results using a stated choice survey · 2007 · DOI

  • Given the limited evidence for an EKC, why is it still accepted as fact? This article suggests that it both serves the interests of powerful groups in society, and it corresponds to a notion that wealthy people care more about environmental quality than do poor people.

    The environmental Kuznets curve revisited once again · 2005 · DOI

  • Four components of great uncertainty are distinguished: (1) the identity of the options is not well determined (uncertainty of demarcation) ; (2) the consequences of at least some option are unknown (uncertainty of consequences); (3) it is not clear whether information obtained from others, such as experts, can be relied on (uncertainty of reliance); and (4) the values relevant for the decision are not determined with sufficient precision (uncertainty of values).

    Decision Making Under Great Uncertainty · 1996 · DOI

  • The size of this fee, however, is not yet determined. Bohm, Estimating demand for public goods I27 of experiments for experimental economics and a!ong these particular lines is warranted.

    Estimating demand for public goods: An experiment · 1972 · DOI

  • The results highlighted the importance of exploring willingness‐to‐pay from a rarely studied perspective of valuating the potential improved utility of urban green space through suppressing negative impacts.

    Perceived benefits, negative impacts, and willingness‐to‐pay to improve urban green space · 2022 · DOI

  • In the context of global commitment to decarbonising the highly urbanising world, studies of consumer thinking regarding switching to electric motorcycles are lacking.

    Understanding consumers’ intention to switch to electric motorcycles: a transaction cost economics perspective · 2021 · DOI

  • Comparing to previous studies, the results are mixed, confirming some previous findings and contradicting others – and they offer an important contribution for the worldwide debate on energy conservation and household electricity reduction, through the Israeli dimension in a complex puzzle.

    Effect of Monetary Incentives on the Demand for Electricity of Domestic Consumers – Case of Israel · 2018 · DOI

  • Economists have long relied on utilitarian principles in carrying out cost–benefit analysis, but such utilitarianism is typically limited to the well-being of humans.

    Speciesism, altruism and the economics of animal welfare · 2011 · DOI

  • Although golf is a popular activity and significant industry, there is little known about the price elasticity of demand for golf, nor the benefits received by the golfers themselves.

    A Hybrid Individual—Zonal Travel Cost Model for Estimating the Consumer Surplus of Golfing in Colorado · 2008 · DOI

  • While market segmentation approaches steeped in behavioral theory provide a rich source of information to planners and managers, we argue that such exogenous market segmentation approaches alone are insufficient to understand the degree of variability in tastes and preferences among recreationists.

    Accounting for Varying Setting Preferences Among Moose Hunters · 2005 · DOI

  • Abstract Despite considerable advances in our understanding of constraint composition, antecedent conditions, outcomes, and negotiation behaviors, few studies have tracked how constraints have changed or remained stable over time.

    Change and Stability in Park Visitation Constraints Revisited · 2005 · DOI

  • Although choice experiments appear to be a useful approach to public good valuation questions, little is known about their practical feasibility and the validity of their results.

    Quantifying the Sources of Value of a Public Service · 2001 · DOI

  • Similarly, just as positive time discount rates are warranted by positive net rates of growth of the capital stock, positive spatial discount rates may be warranted by the fact that enviironmental (or other external effects of economic activity are diffused at positive rates.

    An Introduction to Spatial Discounting · 2001 · DOI

  • Rather, the authors seem to be arguing that existence values are too poorly defined at present to be readily incorporated into cost-benefit studies and are difficult to measure.

    Why Existence Value Should Be Used in Cost-Benefit Analysis · 1992 · DOI

  • The common practice of combining the no-discovery extraction cost function with exploration is shown to result in a misspecified model for which the total cost of extracting the resource is not well defined.

    Exploration and Exhaustible Resources: The Microfoundations of Aggregate Models · 1989 · DOI

  • Everyone agrees, however, on the desirability of further research into the problem, and most agree on the need for a quantitative approach to the planning of the future structure of consumption.

    Recent discussion on consumption planning in Poland · 1971 · DOI

  • All that remains to be said now is that what is required at this point is a strong defense of a particular set of relevant attributes or, in Bunge's words 8, "assaying criteria" for the evaluation of all hypotheses.

    Cost-benefit versus expected utility acceptance rules · 1970 · DOI

  • The consequences of substituting for this behavioral postulate, the more complex and ill-defined concept of the range of a good have not yet been described.

    ANALYSIS OF SPATIAL BEHAVIOR BY REVEALED SPACE PREFERENCE · 1969 · DOI

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33 open questions have been extracted from the limitations and future-work passages of 1,328 Economic and Environmental Valuation papers in our library. Each one below links back to the study that raised it, so you can read the original claim in context.

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