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.
This study uses contingent valuation method (CVM) and uses the single and double bound dichotomous choice elicitation techniques.
Methods for Estimating Outdoor Recreational Value of Jungle Parks and Choosing Contingent Valuation Method
Moving Beyond Economic Impact: A Closer Look at the Contingent Valuation Method.
Estimating economic value of counseling services: Using the contingent valuation method (CVM) (Unpublished master's thesis) [in Korean].
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.
Valuing environmental preferences: Theory and practice of the contingent valuation method in the U.
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).
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.
CONTINGENT VALUATION METHOD Economists also estimate the value people place on their lives by just asking them.