Environmental labeling and consumer's choice-an empirical analysis of the effect of the Nordic Swan
Article Abstract:
A mixed logit model is used to quantify the effect of a certified environmental label on consumers' brand choices of toilet paper, paper towels and detergents, using a large Danish consumer panel with detailed information on actual purchases from the beginning of 1997 to January 2001. It was found that Nordic Swan label had a significant effect on consumers brand choices.
Publication Name: Journal of Environmental Economics and Management
Subject: Environmental services industry
ISSN: 0095-0696
Year: 2004
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Adjusting to climate change: implications of increased variability and asymmetric adjustment costs for investment in water reserves
Article Abstract:
An analysis of water storage capacity investment finds that it is positively related to the level of uncertainty. Uncertainty, caused by hydrological cycle variability, increases the capital stock's long-term equilibrium level as water resources become more valuable. Investment reversibility also increases as a higher social value is placed on environmental assets.
Publication Name: Journal of Environmental Economics and Management
Subject: Environmental services industry
ISSN: 0095-0696
Year: 1997
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Options, uncertainty and sunk costs: an empirical analysis of land use change
Article Abstract:
The effects of uncertainty and sunk costs on conversion decisions are examined. Actual landowner decision-making incorporates the option values into land conversion decision, and the magnitude of these options is potentially large.
Publication Name: Journal of Environmental Economics and Management
Subject: Environmental services industry
ISSN: 0095-0696
Year: 2003
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- Abstracts: Tropical forest protection: an empirical analysis of the costs borne by local people. Economic growth and environmental protection
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- Abstracts: Modeling ecological constraints on tropical forest management: spatial interdependence, irreversibility, and uncertainty