Contingent valuation
Origin: Lat. contingentĭa, valor, -ōris
A survey-based economic technique for the valuation of non-market resources. This has often been used in environmental impact analysis. Such a survey may ask how much people would be willing to pay to preserve, or accept as compensation for losing, an environmental element.
Spanish: Valoración contingente.
Sources and references
- 1.Peter A. Diamond; Jerry A. Hausman, 'Contingent Valuation: Is Some Number better than No Number?' 2.Shari S. Diamond, Reference Guide on Survey Research 3.Hanemann, W. Michael, 'Valuing the Environment Through Contingent Valuation'view
Term connections
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