Determination of economic value of Goreme Historical National Park via
contingent valuation method. Scientific Research and Essays, 5(9), 934-940, 2010.
These results were confirmed by both analysing the choice experiment data and analysing the
contingent valuation method data; both the cases resulted in a significantly positive willingness to pay for the quasi-natural landscape condition.
This study uses
contingent valuation method of stated preference approach to measure the WTP for improved tap water services with continuous supply of good quality water that is potable without boiling or any other treatment.
Considering these limitations,
contingent valuation method is frequently used.
"Moving Beyond Economic Impact: A Closer Look at the
Contingent Valuation Method." International Journal of Sport Finance, 2, 2007, 149-60.
Using surveys for value publicgoods: The
contingent valuation method. Washington, DC: Resources for the Future.
Mitchell RC, Carson RT (1989) Using Surveys to Value Public Goods: The
Contingent Valuation Method. Resources for the Future.
Measuring Consumers' Value of Organic-Beef Using
Contingent Valuation Method, Journal of Rural, 27: 95-110.
Jackson, Pitts, and Norwood claim the
contingent valuation method (CVM) "is not a suitable substitute for actual market data with observable transactions" (p.
The
contingent valuation method is called 'contingent' valuation because it uses information on how people say they would behave given hypothetical situations, contingent on being in the real situation." The use of CV for estimating the value from the use or potential use of non-market goods is, while not without limits, less controversial than the application of CV to estimate the value of passive-use non-market goods.
The
contingent valuation method is nowadays a common practice in many fields.