Economic valuation with stated preference techniques a manual / [electronic resource] :
Ian J. Bateman ... [et al.].
- Cheltenham ; Northampton, Mass. : Edward Elgar, c2002.
- 1 online resource (xx, 458 p.) : ill.
At head of title: Department for Transport.
Includes bibliographical references (p. 405-433) and index.
1. The foundations of economic valuation -- 2. commissioning a stated preference study -- 3. Population, sample and survey mode -- 4. designing a contingent valuation questionnaire -- 5. Contingent valuation : analysing the results -- 6. designing a choice modelling questionnaire -- 7. Choice modelling : analysing the results -- 8. Validity and reliability -- 9. Aggregation -- 10. Reporting -- 11. Combining revealed and stated preference techniques -- 12. Cautions, caveats and future directions.
This manual offers a detailed, up-to-date explanation of how to carry out economic valuation using stated preference techniques. It is relevant for the application of these techniques to all non-market goods and services including air and water quality; provision of public open space; health care that is not sold through private markets; risk reduction policies and investments not provided privately; provision of information as with the recorded heritage, the protection of cultural assets and so on. The resulting valuations can be used for a number of purposes including, but not limited to, demonstrating the importance of a good or service; cost-benefit analysis; setting priorities for environmental policy; design of economic instruments; green national/corporate accounting, and natural resource damage assessment.
9781781009727 (e-book)
2002019501
Environmental economics--Handbooks, manuals, etc. Environmental auditing--Handbooks, manuals, etc.