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Social choice, conservation strategies and just compensation

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Show simple item record Ibarra, Daniela Fernanda 2010-10-01T02:46:55Z 2010-10-01T02:46:55Z 1992
dc.description.abstract Natural resources have rival uses. To determine optimal uses requires care and consideration. In the case of land, economic activities may compete with conservation goals. Although it has been argued that these two objectives are sometimes compatible, the most common situation is one where these two objectives conflict. When lands under production are required for conservation purposes, differing social and private interests, as well as different value-systems, can confront one another, generating conflict. Governments have the power to compulsorily acquire lands for "essential works". However, the dispossessed landowners have the right to be "fully compensated". "Full compensation" should recompense landowners not only for material losses but the loss of "unpriced values" or "intangibles". Under the current legislation only the former is considered when estimating compensation. In this thesis alternate courses of action are analysed for a particular High Country property, under the assumption that the Government could compulsory acquire the land. The alternatives are analysed using three different criteria, namely: their effects on nature, their effects on costs and on those people directly affected by the land-taking process. The optimal course of action is ultimately selected after considering all three effects. en
dc.language.iso en en
dc.publisher Lincoln University en
dc.subject compulsory acquisition en
dc.subject compensation en
dc.subject conservation en
dc.subject environmental impact en
dc.subject cost effectiveness en
dc.subject ethics en
dc.subject decision making en
dc.subject discount rates en
dc.subject valuation en
dc.subject non-market valuation en
dc.subject cost benefit analysis en
dc.subject welfare economics en
dc.subject linked compensation en
dc.subject covenants en
dc.subject just compensation en
dc.subject property rights en
dc.subject decision-matrix en
dc.title Social choice, conservation strategies and just compensation en
dc.type Thesis en Lincoln University en Masters en Master of Commerce and Management en
lu.thesis.supervisor Cullen, Ross
lu.thesis.supervisor McArthur, Alistair
lu.contributor.unit Department of Accounting, Economics and Finance en
dc.rights.accessRights Digital thesis can be viewed by current staff and students of Lincoln University only. Print copy available for reading in Lincoln University Library. May be available through inter-library loan. en
dc.subject.anzsrc 140205 Environment and Resource Economics en
dc.subject.anzsrc 050209 Natural Resource Management en
dc.subject.anzsrc 140219 Welfare Economics en

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