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Cognitive Representations of Total Value in a CVM Framework: A Critical Review of the Literature

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Book cover Environmental Resource Valuation

Part of the book series: Studies in Risk and Uncertainty ((SIRU,volume 11))

Abstract

The Contingent Valuation Method (CVM) is considered one of the most promising methods by which it is possible to put a “value” on environmental goods (Mitchell and Carson, 1989; NOAA, 1993). The underlying idea is that people have “true” latent preferences or predisposition for all kinds of environmental goods, and that they are capable, appropriately stimulated, of transforming these latent preferences into monetary units.

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Author information

Authors and Affiliations

  1. Department of Economics, University of Urbino, Italy

    Giorgio Casoni

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  1. Giorgio Casoni
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Editor information

Editors and Affiliations

  1. Department of Agricultural and Applied Economics, University of Wisconsin, Madison, USA

    Richard C. Bishop

  2. Department of Agricultural and Forest Economics — DEEAF, University of Florence, Italy

    Donato Romano

  3. Inter-University Center on Mountain, Hill and Agro-Forest Systems Research — CIRMOCOSAF, Italy

    Donato Romano

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© 1998 Springer Science+Business Media New York

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Casoni, G. (1998). Cognitive Representations of Total Value in a CVM Framework: A Critical Review of the Literature. In: Bishop, R.C., Romano, D. (eds) Environmental Resource Valuation. Studies in Risk and Uncertainty, vol 11. Springer, Boston, MA. https://doi.org/10.1007/978-1-4615-5741-8_4

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  • DOI: https://doi.org/10.1007/978-1-4615-5741-8_4

  • Publisher Name: Springer, Boston, MA

  • Print ISBN: 978-1-4613-7630-9

  • Online ISBN: 978-1-4615-5741-8

  • eBook Packages: Springer Book Archive

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