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Application of an nonconventional valuation method to environmental component quality

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  • Eva Tošovská

Abstract

The main objective of this paper is to present the results of application of an unconventional valuation method to environmental component quality in the Czech Republic. I have derived resultant valuation after implementation of several steps requiring particularly: analysis of methods simulating nonexistent market valuation in the environmental sector; choice of valuation method and its substantiation; methodological preparation of field research on willingness to pay ; wider interpretation of data acquired by research.

Suggested Citation

  • Eva Tošovská, 1996. "Application of an nonconventional valuation method to environmental component quality," Prague Economic Papers, Prague University of Economics and Business, vol. 1996(1).
    • Handle: RePEc:prg:jnlpep:v:1996:y:1996:i:1:id:96
    DOI: 10.18267/j.pep.96
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