The expert valuation method for assessing agro-environmental policy
The Contingent Valuation Method (CVM) and other conventional valuation methods of non-market goods often prove to be unsuitable for the evaluation of the benefits of agro-environmental policy. Therefore, a new method is introduced, according to which a group of experts jointly evaluates the strengths, weaknesses and finally monetary benefit of agro-environmental programmes. While the methodology combines expert surveys, group discussions and CVM, its theoretical background is merit good theory. Compared to CVM, the most important practical difference in its outcome is the greater openness of the results. As an example, the Expert Valuation Method is applied to two groups of agro-environmental policy measures in Switzerland. Suggestions for more efficient levels of reimbursements are made.
Volume (Year): 47 (2004)
Issue (Month): 4 ()
|Contact details of provider:|| Web page: http://www.tandfonline.com/CJEP20 |
|Order Information:||Web: http://www.tandfonline.com/pricing/journal/CJEP20|
When requesting a correction, please mention this item's handle: RePEc:taf:jenpmg:v:47:y:2004:i:4:p:541-554. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Michael McNulty)
If references are entirely missing, you can add them using this form.