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A Primer on Nonmarket Valuation

A Primer on Nonmarket Valuation

Hardcover

Series: Economics of Non-Market Goods and Resources, Book 13

Business GeneralEconomics

ISBN10: 9400771037
ISBN13: 9789400771031
Publisher: Springer Nature
Published: Feb 17 2017
Pages: 504
Weight: 1.97
Height: 1.13 Width: 6.14 Depth: 9.21
Language: English
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.

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