A Primer on Nonmarket Valuation / Edition 1

by Patricia A. Champ, Kevin J. Boyle, Thomas C. Brown

Overview

A Primer on Nonmarket Valuation is unique in its clear descriptions of the most commonly used nonmarket valuation techniques and their implementation. Individuals working for government agencies, attorneys involved with natural resource damage assessments, graduate students, and others will appreciate the non-technical and practical tone of this book.
The first section of the book provides the context and theoretical foundation of nonmarket valuation, along with practical data issues.
The middle two sections of the Primer describe the major stated and revealed nonmarket valuation techniques. For each technique, the steps involved in implementation are laid out and described. Both practitioners of nonmarket valuation and those who are new to the field will come away from these methods chapters with a thorough understanding of how to design, implement, and analyze a nonmarket valuation study.

Product Details

ISBN-13:	9781402014451
Publisher:	Springer Netherlands
Publication date:	10/31/2003
Series:	The Economics of Non-Market Goods and Resources , #3
Edition description:	2003
Pages:	576
Product dimensions:	6.10(w) x 9.20(h) x 1.40(d)

Table of Contents

	List of Contributors	vii
	Preface	ix
1.	Economic Valuation: What and Why	1
2.	Conceptual Framework for Nonmarket Valuation	27
3.	Collecting Survey Data for Nonmarket Valuation	59
4.	Introduction to Stated Preference Methods	99
5.	Contingent Valuation in Practice	111
6.	Attribute-Based Methods	171
7.	Multiple Good Valuation	221
8.	Introduction to Revealed Preference Methods	259
9.	The Travel Cost Model	269
10.	The Hedonic Method	331
11.	Defensive Behavior and Damage Cost Methods	395
12.	Benefit Transfer	445
13.	Nonmarket Valuation in Action	483
14.	Where to from Here?	537
	Index	567