Economic Valuation with Stated Preference Techniques: A Manual

by Ian J. Bateman, Brett Day, Michael Hanemann

This manual provides explanations on performing economic valuation using stated preference techniques. The techniques are used largely to assign economic value to non-market goods such as clean air and water, the provision of public open space, non-market healthcare, risk reduction policies, and the protection of cultural assets by asking people what value they attach to those goods or services. They describe the design and analysis of contingent valuation and choice modelling questionnaires and the resultant data. Issues of validity, reliability, aggregation, and reporting are examined and possible combinations of revealed and stated techniques are explored. Annotation c. Book News, Inc.,Portland, OR

480 pages, Hardcover

First published November 1, 2002

Reviews

[Alexandr Iscenco · Rating 3 out of 5]

Very useful manual for any environmental economist, who is doing stated preference studies.