CONTINGENT VALUATION: PAST, PRESENT AND FUTURE

By David Hoyos, Petr Mariel. 2010

158 citations recorded by the source corpus.

This paper summarizes the long history of the contingent valuation method, stressing the important dates and events that influenced its economic applications. It reviews the economic theory of contingent valuation, highlights the related survey design, alludes to the econometrics methodology involved and discusses the validity and reliability of this method. In summary, this paper presents the state of the art of a method that has been applied in the economic valuation of natural resources for many decades.

Subfields: Economics and Econometrics

View Paper: https://www.semanticscholar.org/paper/ba8c06d2a359b6a9ee347606b707ce82339d7e5f

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In Economics and Econometrics

  1. Zhifeng Gao

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