Provides decision makers, policy analysts, and social scientists, with a detailed discussion of a new techniques for the valuation of goods not traded in prevat

Economists and others have long believed that by balancing the costs of such public goods as air quality and wilderness areas against their benefits, informed p

The result of ten years of research by the authors aimed at assessing how surveys might best be used to value public goods validly and reliably, this book makes

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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