Contingent Valuation of Nonmarket Benefits in Project Economic Analysis: A Guide to Good Practice

Accounting for the value of nonmarket benefits and costs is an essential part of project economic analysis. The contingent valuation method (CVM) is a stated preference approach used in many areas of public policy, including water supply and sanitation, health, tourism, and cultural heritage. This book aims to support practitioners who are engaged to prepare and implement CVM studies as part of investment appraisal.

  • Introduction
  • Key Consideration When Planning a CVM Study
  • Designing the Sampling Strategy
  • Contingent Valuation Questionnaire: Best Practices and Design Issues
  • Implementation of Contingent Valuation Surveys
  • Managing and Analyzing CVM Data
  • Future Directions for CVM Practice
 

 
This page was generated from /publications/valuation-nonmarket-benefits-project-economic-analysis-guide on 02 February 2024

Source URL: https://www.adb.org/publications/valuation-nonmarket-benefits-project-economic-analysis-guide