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Environmental Resource Valuation

Name: Environmental Resource Valuation
Brand: Springer-Verlag New York Inc.
SKU: 9781461376309
Price: 105.75 EUR
Availability: InStock

Applications of the Contingent Valuation Method in Italy

Autor: Richard C. Bishop, Donato Romano

Jazyk:

Väzba: Brožovaná

Vydavateľ: Springer-Verlag New York Inc.

Dostupnosť: Skladom u dodávateľa v malom množstve

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105.75 €

Economic values are increasingly used in policy analysis and legal settings. With the growing recogn...

Informácie o knihe

Autor

Richard C. Bishop, Donato Romano

Jazyk

Angličtina

Väzba

Kniha - Brožovaná

Vydalo

2012

Stránok

286

EAN

9781461376309

ISBN

1461376300

Enbook ID

06797011

Vydavateľ

Springer-Verlag New York Inc.

Hmotnosť

468

Rozmery

155 x 235 x 16

Kompletný popis

Economic values are increasingly used in policy analysis and legal settings. With the growing recognition that many of the things that benefit or harm people are outside the market system, have come increasing efforts to develop nonmarket valuation techniques. One such technique is the contingent valuation method (CVM). CVM seeks to value environmental and other nonmarket goods and services by asking individuals about their values using survey methods. These procedures are different from the `revealed-preference' methods that economists have historically employed to estimate economic values. §Why depart from well-established revealed-preference procedures and apply a `stated-preference' method like CVM? For nonmarket goods and services, revealed-preference methods have two shortcomings that those applying CVM hope to avoid. First, revealed-preference methods involve econometric problems that have yet to be fully overcome. The second shortcoming of revealed-preference methods is that such methods, when applied to environmental amenities, are likely to be only partial measures of value. §Given the tremendous interest that exists in economic values and the limitations of revealed-preference methods, it is not surprising that interest in CVM has grown rapidly. Environmental Resource Valuation reviews the application of CVM and compares American experiences in nonmarket evaluation with those in other countries.

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Environmental Resource Valuation

Applications of the Contingent Valuation Method in Italy

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