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Using Surveys to Value Public Goods: The Contingent Valuation Method (McGraw-Hill Series in Industrial) by Robert Cameron Mitchell; Richard T. Carson is a book available to read on EtoBox.

What is Using Surveys to Value Public Goods: The Contingent Valuation Method (McGraw-Hill Series in Industrial) about?

<p>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 policy choices can be made. But the problem of putting a dollar value on cleaner air or water and other goods not sold in the marketplace has been a major stumbling block. Mitchell and Carson, for reasons presented in this book, argue that at this time the contingent valuation (CV) method offers the most promising approach for determining public willingness to pay for many public goods---an approach likely to succeed, if used carefully, where other methods may fail. The result of ten years of research by the authors aimed at assessing how surveys might best be used to value public goods validly and reliably, this book makes a major contribution to what constitutes best practice in CV surveys. Mitchell and Carson begin by introducing the contingent valuation method, describing how it works and the nature of the benefits it can be used to measure, comparing it to other methods for measuring benefits, and examining the data-gathering technique on which it is based---survey research. Placing contingent valuation in the larger

Author

Robert Cameron Mitchell; Richard T. Carson

Publisher

Washington, D.C.: Resources for the Future ; [Baltimore]: Distributed worldwide by the Johns Hopkins University Press

Published

1989

Language

EN

ISBN

9781135887742

Subjects

Engineering, Social Science, Economics