A Primer on Nonmarket Valuation

  • Patricia A. Champ
  • Kevin J. Boyle
  • Thomas C. Brown

Part of the The Economics of Non-Market Goods and Resources book series (ENGO, volume 13)

Table of contents

  1. Front Matter
    Pages i-ix
  2. Nicholas E. Flores
    Pages 27-54
  3. Patricia A. Champ
    Pages 55-82
  4. Kevin J. Boyle
    Pages 83-131
  5. Thomas P. Holmes, Wiktor L. Adamowicz, Fredrik Carlsson
    Pages 133-186
  6. George R. Parsons
    Pages 187-233
  7. Laura O. Taylor
    Pages 235-292
  8. Mark Dickie
    Pages 293-346
  9. Thomas C. Brown
    Pages 347-390
  10. Craig E. Landry
    Pages 391-429
  11. Randall S. Rosenberger, John B. Loomis
    Pages 431-462
  12. Richard C. Bishop, Kevin J. Boyle
    Pages 463-497
  13. Back Matter
    Pages 499-504

About this book


This is a practical book with clear descriptions of the most commonly used nonmarket methods. The first chapters of the book provide the context and theoretical foundation of nonmarket valuation along with a discussion of data collection procedures. The middle chapters describe the major stated- and revealed-preference valuation methods. For each method, the steps involved in implementation are laid out and carefully explained with supporting references from the published literature. The final chapters of the book examine the relevance of experimentation to economic valuation, the transfer of existing nonmarket values to new settings, and assessments of the reliability and validity of nonmarket values.

This book is relevant to individuals in many professions at all career levels. Professionals in government agencies, attorneys involved with natural resource damage assessments, graduate students, and others will appreciate the thorough descriptions of how to design, implement, and analyze a nonmarket valuation study. 


environmental economics health economics nonmarket valuation revealed-preference valuation methods stated-preference valuation methods

Editors and affiliations

  • Patricia A. Champ
    • 1
  • Kevin J. Boyle
    • 2
  • Thomas C. Brown
    • 3
  1. 1.USDA Forest Service Rocky Mountain Research StationFort CollinsUSA
  2. 2.Dept. Agricultural and Applied EconomicsVirginia Polytechnic Institute and State UniversityBlacksburgUSA
  3. 3.USDA Forest Service Rocky Mountain Research StationFort CollinsUSA

Bibliographic information

  • DOI
  • Copyright Information Springer Science+Business Media B.V. (outside the USA) 2017
  • Publisher Name Springer, Dordrecht
  • eBook Packages Economics and Finance
  • Print ISBN 978-94-007-7103-1
  • Online ISBN 978-94-007-7104-8
  • Series Print ISSN 1571-487X
  • Buy this book on publisher's site