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Valuing Environmental Goods: A Critical Appraisal of the State of the Art

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The Economics and Management of Water and Drainage in Agriculture

Abstract

This chapter develops a contingent valuation method for estimating nonmarket, typically environmental goods. Economists usually ignore critically important issues in the application of the methods. These issues define a research agenda to be developed here for the application of the method for deriving meaningful value estimates for recreation, environmental, and other nonmarket goods.

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© 1991 Springer Science+Business Media New York

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Burness, H.S., Cummings, R.G., Ganderton, P.T., Harrison, G.W. (1991). Valuing Environmental Goods: A Critical Appraisal of the State of the Art. In: Dinar, A., Zilberman, D. (eds) The Economics and Management of Water and Drainage in Agriculture. Springer, Boston, MA. https://doi.org/10.1007/978-1-4615-4028-1_22

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  • DOI: https://doi.org/10.1007/978-1-4615-4028-1_22

  • Publisher Name: Springer, Boston, MA

  • Print ISBN: 978-1-4613-6801-4

  • Online ISBN: 978-1-4615-4028-1

  • eBook Packages: Springer Book Archive

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