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 ?

Determination of economic value of Goreme Historical National Park via contingent valuation method. Scientific Research and Essays, 5(9), 934-940, 2010.

Determinantion of visitors' willingness to pay to enter Karagol Natural Park of Ankara, Turkey/ Determinantes para a "vontade de pagar" dos visitantes do Parque Natural Karagol de Ancara, Turquia

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.

Economic value of ecosystem services in the eastern ore mountains

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.

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

Considering these limitations, contingent valuation method is frequently used.

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." International Journal of Sport Finance, 2, 2007, 149-60.

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

Using surveys for value publicgoods: The contingent valuation method. Washington, DC: Resources for the Future.

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. Resources for the Future.

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

Measuring Consumers' Value of Organic-Beef Using Contingent Valuation Method, Journal of Rural, 27: 95-110.

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

Jackson, Pitts, and Norwood claim the contingent valuation method (CVM) "is not a suitable substitute for actual market data with observable transactions" (p.

Comments on "Advisory Opinion 9 and Contingent Valuation"

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.

Loss aversion and rationality in cutback management: a deliberative democratic approach to contingent valuation

The contingent valuation method is nowadays a common practice in many fields.

Realism versus statistical efficiency: a note on contingent valuation with follow-up queries