Application of an nonconventional valuation method to environmental component quality

Eva Tošovská

Prague Economic Papers, 1996, vol. 1996, issue 1

Abstract: The main objective of this paper is to present the results of application of an unconventional valuation method to environmental component quality in the Czech Republic. I have derived resultant valuation after implementation of several steps requiring particularly: analysis of methods simulating nonexistent market valuation in the environmental sector; choice of valuation method and its substantiation; methodological preparation of field research on willingness to pay ; wider interpretation of data acquired by research.

Date: 1996
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DOI: 10.18267/j.pep.96

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