Using Surveys To Value Public Goods by Robert Cameron Mitchell

The Contingent Valuation Method

This book delves into the methodologies and applications of contingent valuation, a survey-based economic technique used to assess the value of non-market public goods. It explores how individuals' willingness to pay for environmental and public resources can be quantified through carefully designed surveys, providing insights into public preferences and aiding in policy-making. The text examines the theoretical underpinnings, practical challenges, and ethical considerations of using surveys to capture the economic value of goods that are not traded in conventional markets, offering a comprehensive guide for researchers and policymakers alike.