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Economic Valuation with Stated Preference Techniques
A Manual
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This manual offers a detailed, contemporary explanation of how to carry out economic valuation using stated preference techniques. It is relavent for the application of these techniques to all non-market goods and services including air and water quality; provision of public open space; h ealth care that is not sold through private markets; risk reduction policies and investments not provided privately; provision of information as with the recorded heritage, the protection of cultural assets and so on. The resulting valuations can be used for a number of purposes including, but not limited to, demonstrating the importance of a good or service; cost-benefit analysis; setting priorities for environmental policy; design of economic instruments; green national/corporate accounting and natural resource damage assessment.
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