Contingent valuation method

Also found in: Acronyms.

Contingent valuation method

A method that attempts to objectively measure the dollar value of changes in environmental quality; often uses questionnaires and other surveys that ask people what they would pay for various environmental improvements.

References in periodicals archive ?

As stated above, the survey also employed the contingent valuation method for the analysis of preferences concerning the montane meadows, the results of which are not presented in this paper in detail.

Economic value of ecosystem services in the eastern ore mountains

This study uses contingent valuation method (CVM) and uses the single and double bound dichotomous choice elicitation techniques.

Households' willingness to pay for improved tap water services in Karachi, Pakistan

Methods for Estimating Outdoor Recreational Value of Jungle Parks and Choosing Contingent Valuation Method

Estimating the outdoor recreational value of Chitgar Forestial park of Tehran with the use of Contingent Valuation Method (CV)

Moving Beyond Economic Impact: A Closer Look at the Contingent Valuation Method.

Is the Wigwam worth it? A contingent valuation method estimate for a small-city sports arena

How to increase the accuracy of contingent valuation methods is an important issue of study.

The effects of visual information on willingness to pay for a recreational site improvement in Chile/Los efectos de la informacion visual sobre la disposicion a pagar por la mejora de un lugar recreativo en Chile/Les effets de l'information visuelle sur la disposition a payer pour l'amelioration d'un centre de loisir au Chili/Os efeitos da informacao visual sobre a disposiqao a pagar pela melhora de um local para o lazer no Chile

Estimating economic value of counseling services: Using the contingent valuation method (CVM) (Unpublished master's thesis) [in Korean].

The economic value of career counseling services for college students in South Korea

Mitchell RC, Carson RT (1989) Using Surveys to Value Public Goods: The Contingent Valuation Method.

Economic valuation of water in a natural protected area of an emerging economy: recommendations for El Vizcaino biosphere reserve, Mexico/Valoracion economica del agua en un area natural protegida de una economia emergente: recomendaciones para la reserva de la Biosfera El Vizcaino, Mexico/Valorizacao economica da agua em uma area natural protegida de uma economia emergente: recomendacoes para a reserva da Biosfera, El Vizcaino, Mexico

Govindasamy [14] had such study in Italy; in this study, evaluating the consumers' WTP for Organic products using the contingent valuation method indicated that the increase of organic products' price to the inorganic products can be an important barrier for consumers who regularly buy organic products, meaning that there is negative relationship between willingness to pay and the price of organic products.

Estimation of the willingness to pay (WTP) for organic vegetables in Ahwaz city

Valuing environmental preferences: Theory and practice of the contingent valuation method in the U.

Assessing the willingness of the public to pay to conserve urban green space: the Hangzhou City, China, case

The contingent valuation method (CVM) is a stated preference approach to the measurement of the value of changes in the allocation of nonmarket environmental and natural resources (Mitchell and Carson 1989).

Improving willingness to pay estimates for quality improvements through joint estimation with quality perceptions

In this article is presented the application of a contingent valuation method in a developing country to compare parametric and non-parametric welfare estimates associated to the use of a water resource.

Differences between parametric and non-parametric estimation of welfare measures: an application to the Rio Claro, Talca, Chile

CONTINGENT VALUATION METHOD Economists also estimate the value people place on their lives by just asking them.

What is a life worth? Despite its prima facie callousness, determining the value of a human life is necessary for good public policy