Abstract
The Contingent Valuation Method (CVM) is considered one of the most promising methods by which it is possible to put a “value” on environmental goods (Mitchell and Carson, 1989; NOAA, 1993). The underlying idea is that people have “true” latent preferences or predisposition for all kinds of environmental goods, and that they are capable, appropriately stimulated, of transforming these latent preferences into monetary units.
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Casoni, G. (1998). Cognitive Representations of Total Value in a CVM Framework: A Critical Review of the Literature. In: Bishop, R.C., Romano, D. (eds) Environmental Resource Valuation. Studies in Risk and Uncertainty, vol 11. Springer, Boston, MA. https://doi.org/10.1007/978-1-4615-5741-8_4
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DOI: https://doi.org/10.1007/978-1-4615-5741-8_4
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