Skip to main content
SpringerLink
Log in
Book cover

Determining the Value of Non-Marketed Goods

Economic, Psychological, and Policy Relevant Aspects of Contingent Valuation Methods

  • Book
  • © 1997

Overview

Editors:
  1. R. J. Kopp

    1. Resources for the Future, USA

    View editor publications

    You can also search for this editor in PubMed   Google Scholar

  2. W. W. Pommerehne

    1. University of Saarland, Germany

    View editor publications

    You can also search for this editor in PubMed   Google Scholar

  3. N. Schwarz

    1. University of Michigan, USA

    View editor publications

    You can also search for this editor in PubMed   Google Scholar

Part of the book series: Studies in Risk and Uncertainty (SIRU, volume 10)

This is a preview of subscription content, log in via an institution to check access.

Access this book

Log in via an institution
eBook USD 129.00
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book USD 169.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book USD 169.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Other ways to access

Licence this eBook for your library

Institutional subscriptions

Table of contents (12 chapters)

  1. Front Matter

    Pages i-ix
    Download chapter PDF

  2. Editors’ Introduction

    • R. J. Kopp, W. W. Pommerehne, N. Schwarz
    Pages 1-6

  3. Contingent Valuation: Economics, Law and Politics

    • Raymond J. Kopp, Katherine A. Pease
    Pages 7-58

  4. Measuring Non-Use Values: Theory and Empirical Applications

    • Richard C. Bishop, Patricia A. Champ, Thomas C. Brown, Daniel W. McCollum
    Pages 59-81

  5. Economic and Psychological Aspects of Valuing Risk Reduction

    • W. Kip Viscusi
    Pages 83-99

  6. Constructing Measures of Economic Value

    • Raymond J. Kopp, V. Kerry Smith
    Pages 101-125

  7. Contingent Valuation Surveys and Tests of Insensitivity to Scope

    • Richard T. Carson
    Pages 127-163

  8. Cognition, Communication, and Survey Measurement: Some Implications for Contingent Valuation Surveys

    • Norbert Schwarz
    Pages 165-188

  9. What do Psychologists Want? Contingent Valuation as a Special Case of Asking Questions

    • Baruch Fischhoff
    Pages 189-217

  10. The Effect of Giving Respondents “Time to Think” on Tests of Scope: An Experiment in Calamba, Philippines

    • Dale Whittington, KyeongAe Choe, Donald Lauria
    Pages 219-234

  11. Practical Problems in Contingent Valuation

    • Bengt Kriström
    Pages 235-272

  12. Communication Devices in Contingent Valuation Surveys — Experiments with Video

    • Ståle Navrud
    Pages 273-298

  13. Limits to the Applicability of the Contingent Valuation Approach?

    • Werner W. Pommerehne, Albert Hart
    Pages 299-321

  14. Back Matter

    Pages 323-333
    Download chapter PDF
Back to top

Keywords

About this book

Contingent valuation (CV) measures what is called passive use value or existence value. The CV method has been used to measure the benefits of environmental policy actions. CV measures of economic value rely on choice. In CV studies, choices are posed to people in surveys; analysts then use the responses to these choice questions to construct monetary measures of value. The specific mechanism used to elicit respondents' choices can take a variety of forms, including asking survey respondents whether they would purchase, vote, or pay for a program or some other well-defined object of choice. It can also be a direct elicitation of the amount each respondent would be willing to pay (WTP) to obtain an object of choice or the amount each respondent would be willing to accept (WTA) in compensation to give it up.
This volume is composed of three sections. The first section provides background into the issues underlying the public and academic discussion regarding CV and the reliability of CV estimates of economic value. In addition, this section reviews the theory underlying the measurement of economic value and discusses those aspects of the theory most relevant to CV. The second section focuses on issues that have formed the core of the CV discussions including: sensitivity of WTP estimates to the size of the program offered, tests for theoretical consistency of CV results, and the sensitivity of results to context and numerous other features of the survey and its administration. The final section addresses the application of CV to actual economic valuation tasks and discusses the types of practical problems the CV researcher will encounter.

Editors and Affiliations

  • Resources for the Future, USA

    R. J. Kopp

  • University of Saarland, Germany

    W. W. Pommerehne

  • University of Michigan, USA

    N. Schwarz

Bibliographic Information

  • Book Title: Determining the Value of Non-Marketed Goods

  • Book Subtitle: Economic, Psychological, and Policy Relevant Aspects of Contingent Valuation Methods

  • Editors: R. J. Kopp, W. W. Pommerehne, N. Schwarz

  • Series Title: Studies in Risk and Uncertainty

  • DOI: https://doi.org/10.1007/978-94-011-5364-5

  • Publisher: Springer Dordrecht

  • eBook Packages: Springer Book Archive

  • Copyright Information: Springer Science+Business Media New York 1997

  • Hardcover ISBN: 978-0-7923-9980-3Published: 30 September 1997

  • Softcover ISBN: 978-94-010-6255-8Published: 11 October 2012

  • eBook ISBN: 978-94-011-5364-5Published: 06 December 2012

  • Series ISSN: 0926-972X

  • Edition Number: 1

  • Number of Pages: IX, 333

  • Topics: Environmental Economics, Macroeconomics/Monetary Economics//Financial Economics

Publish with us

Policies and ethics

Back to top

Search

Navigation