Economic valuation with stated preference techniques : a manual  
/ edited by Ian J. Bateman... [ et al..] 
 - Cheltenham,   Edward Elgar,   2004. 
 - xx, 458 p. :   ill. ;   22 cm. 
<br/><br/>Includes index. 
<br/><br/>List of figures		ix	<br/>List of tables		xi	<br/>List of boxes		xiii	<br/>The authors		xv	<br/>List of acronyms		xvii	<br/>Foreword		xix	<br/>INTRODUCTION		1	(12)<br/>	Purpose of this manual<br/>		1	(1)<br/>	Justification for assigning economic values to non-market effects<br/>		2	(4)<br/>	A guide to the manual<br/>		6	(7)<br/>PART I: CONCEPTS	<br/>	1. The foundations of economic valuation<br/>		13	(48)<br/>	1.1 The uses of economic valuation<br/>		13	(3)<br/>	1.2 The nature of economic valuation and economic efficiency<br/>		16	(2)<br/>	1.3 Economic valuation and other values<br/>		18	(2)<br/>	1.4 Economic valuation when there are no markets<br/>		20	(2)<br/>	1.5 Economic valuation and the demand curve<br/>		22	(2)<br/>	1.6 Willingness to pay and willingness to accept<br/>		24	(4)<br/>	1.7 Total economic value and aggregation<br/>		28	(10)<br/>	1.8 Stated preferences and public participation<br/>		38	(4)<br/>	ANNEX 1.1 Benefits transfer and stated preference techniques<br/>		42	(10)<br/>	ANNEX 1.2 Use of stated preference in UK environmental policy: the case of the aggregates levy<br/>		52	(3)<br/>	ANNEX 1.3 Discounting<br/>		55	(6)<br/>	2. Commissioning a stated preference study<br/>		61	(28)<br/>	2.1 Defining the context<br/>		62	(3)<br/>	2.2 Is economic valuation necessary and credible?<br/>		65	(9)<br/>	2.3 Choosing between economic valuation techniques<br/>		74	(4)<br/>	2.4 Commissioning a valuation study: a checklist<br/>		78	(6)<br/>	2.5 A typical workplan for a stated preference study<br/>		84	(5)<br/>PART II: STATED PREFERENCE TECHNIQUES	<br/>	3. Population, sample and survey mode<br/>		89	(23)<br/>	3.1 Defining the target population<br/>		89	(4)<br/>	3.2 The need for and the importance of sampling<br/>		93	(1)<br/>	3.3 The sampling frame<br/>		94	(2)<br/>	3.4 Choosing the sample<br/>		96	(5)<br/>	3.5 Choosing the survey mode<br/>		101	(6)<br/>	3.6 Choosing the sample size<br/>		107	(5)<br/>	4. Designing a contingent valuation questionnaire<br/>		112	(61)<br/>	4.1 Useful lessons from other disciplines<br/>		113	(3)<br/>	4.2 The stages of designing a contingent valuation questionnaire<br/>		116	(35)<br/>	4.3 Pre-testing<br/>		151	(5)<br/>	4.4 The main survey<br/>		156	(1)<br/>	ANNEX 4.1 Writing survey questions<br/>		157	(16)<br/>	5. Analysis of contingent valuation data<br/>		173	(75)<br/>	5.1 Contingent valuation data sets<br/>		174	(8)<br/>	5.2 Specification of the bid function<br/>		182	(9)<br/>	5.3 Estimating mean and median WTP<br/>		191	(4)<br/>	5.4 Models. for testing the validity of WTP values<br/>		195	(1)<br/>	5.5 Models for benefits transfer exercises<br/>		196	(1)<br/>	5.6 Conclusions<br/>		197	(2)<br/>	ANNEX 5.1 Econometric estimation of the bid function<br/>		199	(25)<br/>	ANNEX 5.2 Estimating mean and median WTP<br/>		224	(24)<br/>	6. Designing a choice modelling questionnaire<br/>		248	(29)<br/>	6.1 What is choice modelling?<br/>		249	(1)<br/>	6.2 Main choice modelling approaches<br/>		250	(8)<br/>	6.3 Common design stages<br/>		258	(11)<br/>	6.4 Advantages and disadvantages of choice modelling relative to other economic valuation techniques<br/>		269	(8)<br/>	7. Analysis of choice modelling data<br/>		277	(19)<br/>	7.1 Choice experiments<br/>		278	(11)<br/>	7.2 Contingent ranking<br/>		289	(1)<br/>	7.3 Contingent rating<br/>		290	(4)<br/>	7.4 Paired comparison<br/>		294	(2)<br/>	8. Validity and reliability<br/>		296	(47)<br/>	8.1 Preferences, values and validity<br/>		297	(1)<br/>	8.2 Responses to survey questions: some basic issues<br/>		298	(2)<br/>	8.3 Value types and their consistency with economic theory<br/>		300	(4)<br/>	8.4 Overview of the validity problem and types of validity testing<br/>		304	(1)<br/>	8.5 Content validity<br/>		305	(8)<br/>	8.6 Construct validity<br/>		313	(21)<br/>	8.7 Reliability<br/>		334	(2)<br/>	8.8 Summary of factors relevant to determining validity and reliability<br/>		336	(7)<br/>	9. Aggregation<br/>		343	(16)<br/>	9.1 Conditions for valid aggregation<br/>		344	(3)<br/>	9.2 Aggregation approaches<br/>		347	(12)<br/>	10. Reporting<br/>		359	(8)<br/>	10.1 Objectives<br/>		359	(1)<br/>	10.2 Methodology<br/>		360	(1)<br/>	10.3 Literature review<br/>		360	(1)<br/>	10.4 Population and sampling strategy<br/>		360	(1)<br/>	10.5 Questionnaire design and implementation<br/>		361	(1)<br/>	10.6 Results<br/>		362	(1)<br/>	10.7 Validity testing<br/>		363	(1)<br/>	10.8 Aggregation and implications<br/>		363	(1)<br/>	10.9 Annexes<br/>		364	(3)<br/>PART III: FURTHER ISSUES	<br/>	11. Combining revealed and stated preference techniques<br/>		367	(11)<br/>	11.1 Why combine revealed and stated preference techniques<br/>		367	(1)<br/>	11.2 Random utility models combining stated preference and revealed preference data<br/>		368	(1)<br/>	11.3 Contingent behaviour panel data models of price changes<br/>		369	(2)<br/>	11.4 Contingent behaviour models of environmental quality changes<br/>		371	(3)<br/>	11.5 Conclusions<br/>		374	(2)<br/>	ANNEX 11.1 Random utility models combining stated preference and revealed preference data<br/>		376	(2)<br/>	12. Cautions, caveats and future directions<br/>		378	(27)<br/>	12.1 The standard neo-classical model of preferences<br/>		378	(2)<br/>	12.2 Elicitation and response mode effects<br/>		380	(5)<br/>	12.3 The disparity between WTP and WTA<br/>		385	(7)<br/>	12.4 Scope, embedding and sequencing effects<br/>		392	(6)<br/>	12.5 'Other-regarding' issues: altruism and reciprocity<br/>		398	(4)<br/>	12.6 Conclusions<br/>		402	(3)<br/>Bibliography		405	(29)<br/>Glossary		434	(11)<br/>Index		445	 
<br/><br/><br/>eng. 
<br/><br/><label>ISBN: </label>9781843768524  TZS 61,534/= 
<br/><br/><label>Subjects--Topical Terms: </label><br/>Consumers' preferences<br/>Valuation
<br/><br/><label>Dewey Class. No.: </label>333.7 ECO