Adamowicz et al in the Journal of Environment and Management 1994, states that the major drawback of Dynamic stochastic general equilibrium modeling methods is that they can measure the use values of environmental goods, but non-use values cannot be captured when analyzing environmental services. Adamowicz et al supports his claim by unaccurate valuations of nature based off of opinionated analysis of ecosystem services and sometimes corruption.Adamowicz et al argues to create better valuing systems in order to help landowners conserve nature better. Adamowicz et al writes in a quantifiable way to help legislators and policy makers decide better decisions.
Adamowicz, W., Louviere, L., and Williams, M., 1994. Combining revealed and stated preference methods for valuing environmental amenities. Journal of Environment and Management, 26 (3), 271 –292.
Amundsen et al in Planning, Green Infrastructure Planning: Recent Advances and Applications 2009 claims that green infrastructure is necessary compared to grey infrastructure. Through conserving biodiversity, supporting working landscapes, improving outcomes by providing more infrastructure, helping the community to envision the future, comply with regulations and requirements, providing a balance between conservationist and developers and, providing ecosystem services that provides benefits to the communities supports his claim. Amundsen et al purpose is to discuss the ecosystem service benefits so that planners are able to recognize them. Amundsen et al discusses these benefits for city planners and policy makers.
Amundsen, O.M., Allen, W., and Hoellen, K., 2009. Green infrastructure planning: planning: recent advances and applications [online]. American Planning Association. Available from: www.conservationfund.org/sites/default/files/Green_Infrastructure_Planning_The_Conservation_ Fund.pdf [Accessed 5 October 2012].
Ayse Can in Regional Science and Urban Economics, Specification and estimation of hedonic housing price models 1992 explains that hedonic urban housing price models offers a different concept of residential housing. She supports her claim looking at examples of how green infrastructure improves the value of residential real estate by the presence of heteroskedasticity as an alternative to traditional house pricing methods. Ayse Can’s purpose is to discuss how the hedonic housing price model is a quantifiable way to appraise residential housing so that green infrastructure has a new way of being valued to the housing market. Ayse Can writes this publication like a scientist to help business people such as real estate agents realized what are the value of the homes.
Can, A., 1992. Specification and estimation of hedonic housing price models. Regional Science and Urban Economics, 22 (3, September), 453 –474. Available from: http://dx.doi.org/10.1016/0166- 0462(92)90039-4.
Haibo Fengin in Economic Benefits and Costs of Green Roofs, in the book Nature Based Strategies for Urban and Building Sustainability 2018, claims that green infrastructure can increase the value of buildings with the ecosystem services they include. He supports his theory by evaluating the payback period of green roofs and evaluating the money they save and add to buildings. Haibo Feng’s purpose is to analyze the difference from grey infrastructure to its alternative green infrastructure in order to help shareholders of properties argue for green infrastructure especially in economic benefits. Haibo Feng writes this academic paper for all the shareholders of large projects that might include green infrastructure.
Feng, Haibo, and Kasun N. Hewage. “Economic Benefits and Costs of Green Roofs.” Nature Based Strategies for Urban and Building Sustainability, Feb. 2018, pp. 307–318., doi:10.1016/B978-0-12-812150-4.00028-8.
Hassan Tavakol-Davani et al. in the Performance and Cost-Based Comparison of Green and Gray Infrastructure to Control Combined Sewer Overflows, Journal of Sustainable Water in the Built Environment 2016 claim that green infrastructure used for stormwater management has lower implementation and life cycle costs than traditional grey infrastructure. Hassan Tavakol-Davani et al. supports this claim by their evaluation of Toledo, Ohio as well as many other cities management towards rainwater harvesting. The lifecycle costs of green infrastructure is 48% more efficient than grey infrastructure’s performance especially when grey infrastructure is overflowed. Hassan Tavakol-Davani et al. purpose is show an example and an analysis of the comparison of green infrastructure to the traditional grey infrastructure. They write this article in the Journal of Sustainable Water in the Built Environment to promote sustainable designs to policy makers and land owners.
Tavakol-Davani, HASSAN, et al. “Performance and Cost-Based Comparison of Green and Gray Infrastructure to Control Combined Sewer Overflows.” Journal of Sustainable Water in the Built Environment, 2 , no. 2, May 2016, ascelibrary.org/doi/abs/10.1061/JSWBAY.0000805.