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Introduction to Stated Preference Methods

  • Thomas C. Brown
Part of the The Economics of Non-Market Goods and Resources book series (ENGO, volume 3)

Abstract

Stated preference approaches to nonmarket valuation rely on answers to carefully worded survey questions. Those answers—in the form of monetary amounts, choices, ratings, or other indications of preference—are scaled following an appropriate model of preference to yield a measure of value. Two common, and one not so common, stated preference methods are discussed in the next three chapters.

Keywords

Contingent Valuation Contingent Valuation Method Contingent Valuation Study Monetary Valuation Payment Vehicle 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Springer Science+Business Media New York 2003

Authors and Affiliations

  • Thomas C. Brown
    • 1
  1. 1.Rocky Mountain Research StationU.S. Forest ServiceUSA

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