Munich Personal RePEc Archive

The Contingent Valuation Method: Retrospect and Prospect

Spash, Clive L. (2008): The Contingent Valuation Method: Retrospect and Prospect. Published in: Environment and Planning C: Government & Policy , Vol. 26, No. 1 (2008): pp. 34-53.

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Abstract

This paper explores the contingent valuation method for environmental valuation. Issues are raised over the validity of the approach as a method of assessing the underlying preferences of individuals. An alternative interpretation is given to the method as a means of exploring underlying motivation in a rich vein of social psychological research.

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