Contingent Valuation of Environmental Goods

Edited by Daniel McFadden and Kenneth Train ()

in Books from Edward Elgar Publishing

Abstract: Contingent valuation is a survey-based procedure that attempts to estimate how much households are willing to pay for specific programs that improve the environment or prevent environmental degradation. For decades, the method has been the center of debate regarding its reliability: does it really measure the value that people place on environmental changes? Bringing together leading voices in the field, this timely book tells a unified story about the interrelated features of contingent valuation and how those features affect its reliability. Through empirical analysis and review of past studies, the authors identify important deficiencies in the procedure, raising questions about the technique’s continued use.

Keywords: Economics and Finance; Environment (search for similar items in EconPapers)
Date: 2017
ISBN: 9781786434685
References: Add references at CitEc
Citations: View citations in EconPapers (32)

Downloads: (external link)
https://www.elgaronline.com/view/9781786434685.xml (application/pdf)
Our link check indicates that this URL is bad, the error code is: 503 Service Temporarily Unavailable

Chapters in this book:

Ch 1 Response to cost prompts in stated preference valuation of environmental goods , pp 1-16

James Burrows, Powell Dixon and Hiu Man Chan

Ch 2 Fat tails and truncated bids in contingent valuation: an application to an endangered shorebird species , pp 17-42

George Parsons and Kelley Myers

Ch 3 Inadequate response to frequency of payments in contingent valuation of environmental goods , pp 43-57

Kelley Myers, George Parsons and Kenneth Train

Ch 4 An adding-up test on contingent valuations of river and lake quality , pp 58-81

William Desvousges, Kristy Mathews and Kenneth Train

Ch 5 Do contingent valuation estimates of willingness to pay for non-use environmental goods pass the scope test with adequacy? A review of the evidence from empirical studies in the literature , pp 82-152

James Burrows, Rebecca Newman, Jerry Genser and Jeffrey Plewes

Ch 6 Stated preference methods and their applicability to environmental use and non-use valuations , pp 153-187

Daniel McFadden

Ch 7 Some findings from further exploration of the “composite good†approach to contingent valuation , pp 188-223

Michael Kemp, Edward Leamer, James Burrows and Powell Dixon

Ch 8 Inferences from stated preference surveys when some respondents do not compare costs and benefits , pp 224-251

Edward Leamer and Josh Lustig

Ch 9 Assessing the validity of stated preference data using follow-up questions , pp 252-269

Kelley Myers, Doug MacNair, Ted Tomasi and Jude Schneider

Ch 10 Hypothetical bias: a new meta-analysis , pp 270-291

Harry Foster and James Burrows

Ch 11 Legal obstacles for contingent valuation methods in environmental litigation , pp 292-306

Brian D. Israel, Jean Martin, Kelly Smith Fayne and Lauren Daniel

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:elg:eebook:17527

Ordering information: This item can be ordered from
http://www.e-elgar.com

Access Statistics for this book

More books in Books from Edward Elgar Publishing
Bibliographic data for series maintained by Darrel McCalla ().