Download This PaperIssues in Estimating Benefits with Non-Market Methods
43 Pages Posted: 20 Apr 2011
Date Written: August 1995
Abstract
This paper reviews modern techniques for estimating the benefits of goods which are not bought and sold in markets, paying special attention to the kinds of empirical studies that applied economists have faced in analyzing recent projects. The methods which are described and evaluated include Contingent Valuation, Hedonics, Travel Cost, and Random Utility Models.
Suggested Citation: Suggested Citation
McConnell, Kenneth E., Issues in Estimating Benefits with Non-Market Methods (August 1995). IDB Working Paper No. 252, Available at SSRN: https://ssrn.com/abstract=1815936 or http://dx.doi.org/10.2139/ssrn.1815936
Kenneth E. McConnell (Contact Author)
University of Maryland - Department of Agricultural & Resource Economics ( email )
Symmons Hall, Rm 2200
University of Maryland
College Park, MD 20742-5535
United States
301-405-1282 (Phone)
Do you have negative results from your research you’d like to share?
Feedback
Feedback to SSRN
If you need immediate assistance, call 877-SSRNHelp (877 777 6435) in the United States, or +1 212 448 2500 outside of the United States, 8:30AM to 6:00PM U.S. Eastern, Monday - Friday.