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Economic Valuation with Stated Preference Techniques - A Manual (Paperback)
Loot Price: R1,951
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Economic Valuation with Stated Preference Techniques - A Manual (Paperback)
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This manual offers a detailed, up-to-date explanation of how to
carry out economic valuation using stated preference techniques. It
is relevant for the application of these techniques to all
non-market goods and services including air and water quality;
provision of public open space; health care that is not sold
through private markets; risk reduction policies and investments
not provided privately; provision of information as with the
recorded heritage, the protection of cultural assets and so on. The
resulting valuations can be used for a number of purposes
including, but not limited to, demonstrating the importance of a
good or service; cost-benefit analysis; setting priorities for
environmental policy; design of economic instruments; green
national/corporate accounting, and natural resource damage
assessment. Compiled by the leading experts in the field, this
manual starts by explaining the concepts. It shows how to choose
the most appropriate technique and how to design the
questionnaires. Detailed advice on econometric analysis is
provided, as well as explanation of the pitfalls that need to be
avoided.
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