Carson, Richard; Flores, Nicholas; Meade, Norman - In: Environmental & Resource Economics 19 (2001) 2, pp. 173-210
Contingent valuation (CV) has become one of the most widely usednon-market valuation techniques. CV's prominence is due to itsflexibility and ability to estimate total value, includingpassive use value. Its use and the inclusion of passive use valuein benefit-cost analyses and environmental...