Integration of CVM and Remote Sensing Technique for Environmental Valuation

Abstract

The environmental valuation made by using CVM has been questioned by many researchers. The way of asking question, response rate, unfamiliarity with the problem, behavior of the respondents etc. can make the valuation made by CVM biased. One suggestion which is put forward to as countermeasure to this problem is to verify the results of CVM by conducing valuation by other techniques. This chapter endeavors to do so by comparing the valuation made by CVM with valuation made by applying remote sensing technique. Thus the objectives of this part of the book are to conduct environmental valuation through the integration of remote sensing and CVM; and to see the difference in valuation of environmental impact by behavioral economic tools based survey and thematic mapping of land cover derived from satellite remote sensing images. Both the Isahaya Bay Wetland (IBW) and Huis Ten Bosch (HTB) case study database are used to conduct this verification.