By: Stuart M Whitten and Jeff Bennett
286 pages, Tabs, figs
The management of natural resources located on private lands often invloves a preceived conflict between the mix of private and public benefit outputs they produce. The goal of this book is to advance the design of policy relating to the production of wetland outputs on private lands. This objective is achieved by first estimating the welfare impacts of alternative private land management strategies on the wider community. These estimates are then used to develop alternative policy frameworks that are evaluated in terms of their potential cost-effectiveness in influencing private management.
'This book makes an important contribution to improving wetland management by demonstrating how key environmental values might be incorporated into the analysis of the policy trade-offs involved in wetland management. Of particular interest are the two Australian case studies, which illustrate the practical application of the techniques and methods advanced by this book. As the purpose of these case studies is to show how policy analysis can reconcile the management decisions made by private landowners with the wider social aims of government agencies, this book should inform scholars and practitioners interested in improved wetland management worldwide.' - Edward B. Barbier, University of Wyoming, US 'This book represents the application of environmental valuation techniques combined with natural resource management policy design in the specific context of two wetland areas in Australia. Stuart Whitten and Jeff Bennett are proven expert practitioners in this field, and this book continues their high standard of applied environmental economics research output. As the authors point out, the lessons to be learnt from developing a better understanding of the management of privately owned wetlands can be readily applied to many other natural resources that provide both private and social benefits". Hence, this book also offers excellent case study material for improving our understanding of applied environmental economics techniques.' - Rob Fraser, Imperial College at Wye, UK"
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