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A group of the Human Dimensions Program |
Reliability and Validity of Nonmarket Valuation ApproachesIn terms of the environment, public goods include such things as spectacular views, ecosystem protection, and species preservation. Efficient provision public goods relies on reliable and valid assessments of the value that people place on those goods. Established markets provide at best only rough indications of such values, which has led to the development of stated preference valuation methods. The studies reported in the following papers were performed to help improve stated preference methods for estimating the values of public goods. Selected PublicationsTo view PDF files, you will need Adobe Acrobat Reader, available free of charge from Adobe's website.
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