European University Institute Library

Contingent valuation of environmental goods, a comprehensive critique, edited by Daniel McFadden, Kenneth Train

Label
Contingent valuation of environmental goods, a comprehensive critique, edited by Daniel McFadden, Kenneth Train
Language
eng
Bibliography note
Includes bibliographical references and index
Illustrations
illustrations
Index
index present
Literary Form
non fiction
Main title
Contingent valuation of environmental goods
Nature of contents
bibliography
Oclc number
987911958
Responsibility statement
edited by Daniel McFadden, Kenneth Train
Sub title
a comprehensive critique
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.--, Provided by Publisher
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