{"product_id":"9780792381433","title":"Studies in Risk and Uncertainty: Applications of the Contingent Valuation Method in Italy","description":"\u003ch1\u003eStudies in Risk and Uncertainty: Applications of the Contingent Valuation Method in Italy\u003c\/h1\u003e \u003ch2\u003eBishop, Richard C.; Romano, Donato\u003c\/h2\u003e \u003cp\u003eEconomic values are increasingly used in policy analysis and  legal settings. With the growing recognition that many of the things  that benefit or harm people are outside the market system, have come  increasing efforts to develop nonmarket valuation techniques. One such  technique is the contingent valuation method (CVM). CVM seeks to value  environmental and other nonmarket goods and services by asking  individuals about their values using survey methods. These procedures  are different from the `revealed-preference' methods that economists  have historically employed to estimate economic values. \u003cbr\u003e  Why depart from well-established revealed-preference procedures and  apply a `stated-preference' method like CVM? For nonmarket goods and  services, revealed-preference methods have two shortcomings that those  applying CVM hope to avoid. First, revealed-preference methods involve  econometric problems that have yet to be fully overcome. The second  shortcoming of revealed-preference methods is that such methods, when  applied to environmental amenities, are likely to be only partial  measures of value. \u003cbr\u003e  Given the tremendous interest that exists in economic values and the  limitations of revealed-preference methods, it is not surprising that  interest in CVM has grown rapidly. \u003cem\u003eEnvironmental Resource  Valuation\u003c\/em\u003e reviews the application of CVM and compares American  experiences in nonmarket evaluation with those in other countries.\u003c\/p\u003e \u003ch3\u003eDetails\u003c\/h3\u003e \u003cp\u003ePublished by: Springer\u003c\/p\u003e \u003cp\u003ePublication Date: 1998-04-30\u003c\/p\u003e \u003cp\u003eFormat: Hardcover\u003c\/p\u003e \u003cp\u003eISBN-13: 9780792381433\u003c\/p\u003e \u003cp\u003eDOI: 10.1007\/978-1-4615-5741-8\u003c\/p\u003e \u003cp\u003eDimensions: 235cm x155cm\u003c\/p\u003e \u003cp\u003ePages: 286\u003c\/p\u003e ","brand":"Springer US","offers":[{"title":"Default Title","offer_id":46312096989324,"sku":"9780792381433","price":98.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0710\/9545\/1788\/files\/9780792381433.jpg?v=1771518236","url":"https:\/\/fh90cf-fv.myshopify.com\/products\/9780792381433","provider":"Late Knight Books and Services, LLC","version":"1.0","type":"link"}