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Measuring Non-Use Values: Theory and Empirical Applications

  • Chapter
Determining the Value of Non-Marketed Goods

Part of the book series: Studies in Risk and Uncertainty ((SIRU,volume 10))

Abstract

In keeping with our assignment, this paper will focus on measurement. We will devote far less time to the microeconomic theory of non-use values than many readers might expect. Non-use values are now well entrenched in the theory of the consumer (Krutilla 1967; Randall and Stoll 1983; Madariaga and McConnell 1987; Boyle and Bishop 1987; Smith 1987; Bishop and Welsh 1992; Freeman 1993). We shall want to briefly review the theory as a foundation for what will follow, but need not dwell on it at length. The central focus will instead be on measurement.

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Authors
  1. Richard C. Bishop
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  2. Patricia A. Champ
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  3. Thomas C. Brown
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  4. Daniel W. McCollum
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Editor information

Editors and Affiliations

  1. Resources for the Future, USA

    R. J. Kopp

  2. University of Saarland, Germany

    W. W. Pommerehne

  3. University of Michigan, USA

    N. Schwarz

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© 1997 Springer Science+Business Media New York

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Bishop, R.C., Champ, P.A., Brown, T.C., McCollum, D.W. (1997). Measuring Non-Use Values: Theory and Empirical Applications. In: Kopp, R.J., Pommerehne, W.W., Schwarz, N. (eds) Determining the Value of Non-Marketed Goods. Studies in Risk and Uncertainty, vol 10. Springer, Dordrecht. https://doi.org/10.1007/978-94-011-5364-5_3

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  • DOI: https://doi.org/10.1007/978-94-011-5364-5_3

  • Publisher Name: Springer, Dordrecht

  • Print ISBN: 978-94-010-6255-8

  • Online ISBN: 978-94-011-5364-5

  • eBook Packages: Springer Book Archive

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