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Contingent Valuation and Endangered Species provides a comprehensive and rigorous examination of the contingent valuation method as applied to the profound social problem of biodiversity conservation. The contingent valuation method allows the explicit identification and valuation of the non-use...
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In standard economic theory human beings are portrayed as selfish money-maximizing actors. This book investigates the … contribute and draws conclusions on how the empirical findings influence economic theory and policy. Academic economists …
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Introduction -- Need for public consultation and stated preference -- Stated preference : methods and challenges -- Qualitative methods -- Interpreting stated preference responses -- Investigating sensitivity to scope -- Constructing better preferences? -- Communal nature of stated preference --...
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This manual offers a detailed, up-to-date explanation of how to carry out economic valuation using stated preference techniques. It is relevant for the application of these techniques to all non-market goods and services including air and water quality; provision of public open space; health care...
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Non-market valuation has become a broadly accepted and widely practiced means of measuring the economic values of the environment and natural resources. In this book, the authors provide a guide to the statistical and econometric practices that economists employ in estimating non-market values
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