Overview

Since the 1970s, economic theory has extended its field of application to non-market goods such as environmental resources and health. Although it is impossible to assign a price to these goods on the basis of market mechanisms alone, the fact that they have no price does not mean that they have no value. One technique in which economists have shown a marked interest is the contingent valuation method (CVM), which has mainly been used to assign a monetary value to environmental goods. It was first applied to natural resources used for recreational purposes. CVM has been applied to health only recently, so that studies in this field are relatively more scarce than those dealing with the environment, including transport. An overview of experiments conducted in Europe is also included.

Full Product Details

Author:   Nathalie G. Schwab Christe ,  Nils C. Soguel
Publisher:   Springer
Imprint:   Springer
Edition:   1995 ed.
Volume:   7
Dimensions:   Width: 15.50cm , Height: 1.20cm , Length: 23.50cm
Weight:   1.040kg
ISBN:  

9780792395782

ISBN 10:   0792395786
Pages:   193
Publication Date:   31 May 1995
Audience:   College/higher education ,  Professional and scholarly ,  Undergraduate ,  Postgraduate, Research & Scholarly
Format:   Hardback
Publisher's Status:   Active
Availability:   In Print  
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Table of Contents

1 Introduction.- 2 The Valuation of Human Costs by the Contingent Method : The Swiss Experience.- 3 Assessing the Value of Traffic Safety Using the Contingent Valuation Technique: The Danish Survey.- 4 Valuing the Benefits of Reducing the Risk of Non-fatal Road Injuries: The Swedish Experience.- 5 Reference Values for Human Life : An Econometric Analysis of a Contingent Valuation in France.- 6 Why Did Two Theoretically Equivalent Methods Produce Two Very Different Values?.- 7 Are Preferences for Safety too Imprecise for Contingent Valuation?.- 8 Preference-based Values of Safety for Public Transport Modes.- 9 The Automobile Risk Metric for Valuing Health Risks.

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