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Contingent Valuation, Transport Safety and the Value of Life on Hardback
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Contingent Valuation, Transport Safety and the Value of Life

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Description

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.
Release date NZ
May 31st, 1995
Audiences
  • Postgraduate, Research & Scholarly
  • Professional & Vocational
  • Undergraduate
Contributors
  • Edited by Nathalie G. Schwab Christe
  • Edited by Nils C. Soguel
Illustrations
IX, 193 p.
Pages
193
Dimensions
156x234x12
ISBN-13
9780792395782
Product ID
2052431

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