Contingent valuation of environmental goods : a comprehensive critique /

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Bibliographic Details
Imprint:Cheltenham, UK ; Northampton, MA, USA : Edward Elgar Publishing, [2017]
Description:1 online resource
Language:English
Subject:Contingent valuation.
Natural resources -- Valuation.
Sustainability -- Valuation.
Environmental economics.
BUSINESS & ECONOMICS -- Real Estate -- General.
Contingent valuation.
Environmental economics.
Natural resources -- Valuation.
Electronic books.
Electronic books.
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/12331772
Hidden Bibliographic Details
Other authors / contributors:McFadden, Daniel, editor.
Train, Kenneth, editor.
ISBN:9781786434692
1786434695
1786434687
9781786434685
Notes:Includes bibliographical references and index.
Online resource; title from digital title page (viewed on April 25, 2017).
Summary:Contingent valuation is a survey-based procedure that attempts to estimate how much households are willing to pay for specific programs that improve the environment or prevent environmental degradation. For decades, the method has been the center of debate regarding its reliability: does it really measure the value that people place on environmental changes? Bringing together leading voices in the field, this timely book tells a unified story about the interrelated features of contingent valuation and how those features affect its reliability. Through empirical analysis and review of past studies, the authors identify important deficiencies in the procedure, raising questions about the technique's continued use.
Other form:Print version: Contingent valuation of environmental goods. Cheltenham, UK : Edward Elgar Publishing, [2017] 9781786434685