Contingent valuation is one of the means of incorporating socio-environmental considerations in cost–benefit analysis. The authors of this book have examined
Economists and others have long believed that by balancing the costs of such public goods as air quality and wilderness areas against their benefits, informed p
The world is increasingly concerned with bridging the developmental gap between the developed and developing countries. With the establishment of a number of in
The questionnaire-based Contingent Valuation Method (CVM) asks people what would they be willing to pay for an environmental good or attribute, or willing to ac