The Economics of Non-Market Goods and Resources

A Primer on Nonmarket Valuation

Editors: Champ, Patricia A., Boyle, Kevin, Brown, Thomas C. (Eds.)

  • Covers the main nonmarket valuation techniques at a level appropriate for individuals who do not have a PhD in economics
  • Chapters are laid out similarly with the steps to implementing each of the nonmarket valuation techniques
  • The citations provide a valuable resource to fully understand the recommendations and for supporting research designs
  • The 2nd edition includes updated chapters from the 1st edition as well as three new chapters:  Substitution Methods, Experimental Methods in Valuation, Reliability and Validity in Nonmarket Valuation
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Buy this book

eBook $69.99
price for USA (gross)
  • ISBN 978-94-007-7104-8
  • Digitally watermarked, DRM-free
  • Included format: PDF, EPUB
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $89.99
price for USA
  • ISBN 978-94-007-7103-1
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
About this book

This is a practical book with clear descriptions of the most commonly used nonmarket methods. The first chapters of the book provide the context and theoretical foundation of nonmarket valuation along with a discussion of data collection procedures. The middle chapters describe the major stated- and revealed-preference valuation methods. For each method, the steps involved in implementation are laid out and carefully explained with supporting references from the published literature. The final chapters of the book examine the relevance of experimentation to economic valuation, the transfer of existing nonmarket values to new settings, and assessments of the reliability and validity of nonmarket values.
The book is relevant to individuals in many professions at all career levels. Professionals in government agencies, attorneys involved with natural resource damage assessments, graduate students, and others will appreciate the thorough descriptions of how to design, implement, and analyze a nonmarket valuation study. 

Table of contents (12 chapters)

  • Valuing Environmental Goods and Services: An Economic Perspective

    Segerson, Kathleen

    Pages 1-25

  • Conceptual Framework for Nonmarket Valuation

    Flores, Nicholas E.

    Pages 27-54

  • Collecting Nonmarket Valuation Data

    Champ, Patricia A.

    Pages 55-82

  • Contingent Valuation in Practice

    Boyle, Kevin J.

    Pages 83-131

  • Choice Experiments

    Holmes, Thomas P. (et al.)

    Pages 133-186

Buy this book

eBook $69.99
price for USA (gross)
  • ISBN 978-94-007-7104-8
  • Digitally watermarked, DRM-free
  • Included format: PDF, EPUB
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $89.99
price for USA
  • ISBN 978-94-007-7103-1
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
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Bibliographic Information

Bibliographic Information
Book Title
A Primer on Nonmarket Valuation
Editors
  • Patricia A. Champ
  • Kevin Boyle
  • Thomas C. Brown
Series Title
The Economics of Non-Market Goods and Resources
Series Volume
13
Copyright
2017
Publisher
Springer Netherlands
Copyright Holder
Springer Science+Business Media B.V. (outside the USA)
eBook ISBN
978-94-007-7104-8
DOI
10.1007/978-94-007-7104-8
Hardcover ISBN
978-94-007-7103-1
Series ISSN
1571-487X
Edition Number
2
Number of Pages
IX, 504
Number of Illustrations and Tables
20 b/w illustrations
Topics