Measuring Nonuse Damages Using Contingent Valuation by William H. Desvousges
An Experimental Evaluation of Accuracy
This book delves into the intricacies of the contingent valuation method (CVM), a survey-based economic technique used to assess the value of non-market resources, particularly focusing on nonuse values. It provides a comprehensive examination of how CVM can be applied to measure the economic worth of environmental goods and services that people do not directly use but still value, such as biodiversity or pristine landscapes. The text explores the methodological challenges, potential biases, and the reliability of contingent valuation in capturing public preferences and willingness to pay for the preservation of these intangible assets, offering insights into its application in policy-making and environmental economics.
- Published
- 1993
- Nationality
- Unknown
- Length
- Short
- Pages
- 200-250
- Original Language
- English
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- Alternate Titles
- None
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