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Non-Market Valuation Techniques: The State of the Art

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  • Rose, Steven K.

Abstract

This paper presents individual overviews of the current issues and innovations regarding the application of the following non-market valuation techniques: contingent valuation, choice experiments, travel cost method, and hedonic pricing. Each technique is described conceptually and theoretically, followed by a discussion ofcurrent research, a critique, sample applications, and suggested additional reading.

Suggested Citation

  • Rose, Steven K., 1999. "Non-Market Valuation Techniques: The State of the Art," Working Papers 127688, Cornell University, Department of Applied Economics and Management.
    • Handle: RePEc:ags:cudawp:127688
    DOI: 10.22004/ag.econ.127688
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