Valuing Environmental Damages with the Contingent Valuation Method: A Critique

作者: Ronald Cummings , Philip Ganderton , Thomas McGuckin

DOI: 10.1007/978-94-011-1406-6_3

关键词: LiabilityCompensation (psychology)Resource (biology)Indifference curveNatural resourceDamagesEconomicsEnvironmental goodActuarial scienceContingent valuation

摘要: Issues associated with natural resources damages, and how such damages might be measured as necessary for the Comprehensive Environmental Response, Compensation Liability Act of 1980 (CERCLA), are obvious contemporary concern to mining industry resource/environmental economists. Over past few years, bulk this has focused on issue measured, particularly relevant Type B assessments which involve nonuse or, more generally, non-market elements.2 For a broad class these there would appear but one method available estimating their values: Contingent Valuation Method (CVM).

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