Contingent valuation and endangered species

This clear and concise book provides a comprehensive and rigorous examination of the contingent valuation method as applied to the profound social problem of biodiversity conservation. The contingent valuation method allows the explicit identification and valuation of the non-use values of species in a way which has not been possible before. This new book offers a rigorous state-of-the-art evaluation of the theoretical and statistical issues central to the contingent valuation method as well as a hands-on account of the design, implementation and analysis of contingent valuation survey of species conservation benefits. Contingent Valuation and Endangered Species includes a comprehensive account of efforts at endangered species protection in Australia and New Zealand as well as current developments in the United States. This comprehensive appraisal of the problems and economics of biodiversity conservation will be welcomed by researchers and practitioners as an explicit hands-on application of the contingent valuation method.