PDF Using Surveys to Value Public Goods: The Contingent Valuation Method (McGraw-Hill Series in Industrial)

Description Using Surveys to Value Public Goods: The Contingent Valuation Method (McGraw-Hill Series in Industrial)

Economists and others have long believed that by balancing the costs of such public goods as air quality and wilderness areas against their benefits, informed policy choices can be made. But the problem of putting a dollar value on cleaner air or water and other goods not sold in the marketplace has been a major stumbling block. Mitchell and Carson, for reasons presented in this book, argue that at this time the contingent valuation (CV) method offers the most promising approach for determining public willingness to pay for many public goods---an approach likely to succeed, if used carefully, where other methods may fail. The result of ten years of research by the authors aimed at assessing how surveys might best be used to value public goods validly and reliably, this book makes a major contribution to what constitutes best practice in CV surveys. Mitchell and Carson begin by introducing the contingent valuation method, describing how it works and the nature of the benefits it can be used to measure, comparing it to other methods for measuring benefits, and examining the data-gathering technique on which it is based---survey research. Placing contingent valuation in the larger context of welfare theory, the authors examine how the CV method impels a deeper understanding of willingness-to-pay versus willingness-to-accept compensation measures, the possibility of existence values for public goods, the role of uncertainty in benefit valuation, and the question of whether a consumer goods market or a political goods market (referenda) should be emulated. In developing a CV methodology, the authors deal with issues of broader significance to survey research. Their model of respondent error is relevant to current efforts to frame a theory of response behavior and bias typology will interest those considering the cognitive aspects of answering survey questions. Mitchell and Carson conclude that the contingent valuation method can obtain valid valuation information on public goods, but only if the method is applied in a way that addresses the potential sources of error and bias. They end their book by providing guidelines for CV practitioners, a list of questions that should be asked by any decision maker who wishes to use the findings of a CV study, and suggestions for new applications of contingent valuation. Additional features include a comprehensive bibliography of the CV literature and an appendix summarizing more than 100 CV studies.

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9780915707324 - Using Surveys to Value Public Goods: The ~ Using Surveys to Value Public Goods by Mitchell, R.C; Carson, R.T.. RIF Press, 1989. This is an ex-library book and may have the usual library/used-book markings inside.This book has hardback covers. In good all round condition. Dust Jacket in good condition. Please note the Image in this listing is a stock photo and may not match the covers of the actual item,1050grams, ISBN:0915707322.

Read [Robert Cameron Mitchell, Richard T. Carson Book ~ Download Using Surveys to Value Public Goods: The Contingent Valuation Method (McGraw-Hill Series in Industrial) PDF by Robert Cameron Mitchell, Richard T. Carson PDF Online free A complete guido to Contingent Valuation Method Alexandre Gori Maia It have everything you

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Contingent Valuation: A User's Guide / Environmental ~ Contingent valuation (CV) is a survey-based method frequently used for placing monetary values on environmental goods and services not bought and sold in the marketplace. CV is usually the only feasible method for including passive-use considerations in an economic analysis, a practice that has engendered considerable controversy. The issue of what a CV study tries to value is first addressed .

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Valuing climate protection by offsetting carbon emissions ~ The contingent valuation method (CVM) was employed as a mechanism to decide a monetary valuation of public preferences for offsetting carbon emissions by ascertaining the value attached to climate protection in Kuala-Lumpur, Malaysia. The valuation of public preference was measured by the households' WTP for a specific amount of climate protection.

The demand for a dengue vaccine: A contingent valuation ~ Using data gathered from a contingent valuation survey, this study estimated the willingness to pay (WTP) for a single dengue fever vaccine and the household demand function for dengue vaccines. Mean WTP for the vaccine ranged from US$27 to US$32 and household demand averaged 2 per household.

(PDF) THE CHOICE OF ELICITATION METHODS IN CVM AND THEIR ~ Contingent valuation method (CVM) is widely applied to value environmental goods and services. Initially developed in developed countries, CVM now is also widely applied in developing countries.

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Definition, Measurement and Determinants of the Consumer's ~ Differentiated prices, bundling, web auctions: firms' pricing practices are evolving. When there is no market, or for customized pricing, the willingness-to-pay concept seems to be interesting. Thi.

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Applying Contingent Valuation in China to Measure the ~ In the following Sect. 3.4, I compare various valuation methods and make the choice of Contingent valuation method (CVM), and in Sect. 3.5, I review the theoretical basis of the CV study.

Environmental economics - Wikipedia ~ Non-use values are usually estimated using stated preference methods such as contingent valuation or choice modelling. Contingent valuation typically takes the form of surveys in which people are asked how much they would pay to observe and recreate in the environment ( willingness to pay ) or their willingness to accept (WTA) compensation for the destruction of the environmental good.

REFERENCES AND RECOMMENDED READING / Conserving ~ Share a link to this book page on your preferred social network or via email. « Back Next » × View our suggested citation for this chapter. « Back Next » × Ready to take your reading offline? Click here to buy this book in print or download it as a free PDF, if available. « Back Next »

Integrated Assessment of Economic Benefits of Groundwater ~ Assessing WTP through contingent valuation surveys therefore is helpful for conducting an integrated valuation of groundwater protection benefits. Based on the results from the surveys, the message to water planners and policy makers is that people do care for groundwater protection and remediation, especially to guarantee the wellbeing of future generations.