The contingent valuation method: a review

被引:577
|
作者
Venkatachalam, L [1 ]
机构
[1] Inst Social & Econ Change, Bangalore 560072, Karnataka, India
关键词
contingent valuation method; willingness to pay; embedding; NOAA;
D O I
10.1016/S0195-9255(03)00138-0
中图分类号
X [环境科学、安全科学];
学科分类号
08 ; 0830 ;
摘要
The contingent valuation method (CVM) is a simple, flexible nonmarket valuation method that is widely used in cost-benefit analysis and environmental impact assessment. However, this method is subject to severe criticism. The criticism revolves mainly around two aspects, namely, the validity and the reliability of the results, and the effects of various biases and errors. The major objective of this paper is to review the recent developments on measures to address the validity and reliability issues arising out of different kinds of biases/ errors and other related empirical and methodological issues concerning contingent valuation method. (C) 2003 Elsevier Inc. All rights reserved.
引用
收藏
页码:89 / 124
页数:36
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