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The Contingent Valuation Method: Retrospect and Prospect

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Author Info
Clive L Spash () (CSIRO Sustainable Ecosystems, Australia)

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Abstract

This paper explores the contingent valuation method for environmental valuation. Issues are raised over the validity of the approach as a method of assessing the underlying preferences of individuals. An alternative interpretation is given to the method as a means of exploring underlying motivation in a rich vein of social psychological research.

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File URL: http://www.csiro.au/files/files/pjpd.pdf
File Format: application/pdf
File Function: First version, 2008
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Publisher Info
Paper provided by CSIRO Sustainable Ecosystems in its series Socio-Economics and the Environment in Discussion (SEED) Working Paper Series with number 2008-04.

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Length: 26 pages
Date of creation: Apr 2008
Date of revision:
Handle: RePEc:cse:wpaper:2008-04

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Related research
Keywords: stated preferences; environmental values; social psychology;

Find related papers by JEL classification:
B4 - Schools of Economic Thought and Methodology - - Economic Methodology
D46 - Microeconomics - - Market Structure and Pricing - - - Value Theory
D11 - Microeconomics - - Household Behavior - - - Consumer Economics: Theory
D6 - Microeconomics - - Welfare Economics
Q26 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Recreational Aspects of Natural Resources

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This page was last updated on 2009-11-11.

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