Asset Details
Do you wish to reserve the book?
Searching for the correct benefit estimate: empirical evidence for an alternative perspective
Hey, we have placed the reservation for you!
By the way, why not check out events that you can attend while you pick your title.
Oops! Something went wrong.
Looks like we were not able to place the reservation. Kindly try again later.
Are you sure you want to remove the book from the shelf?
Searching for the correct benefit estimate: empirical evidence for an alternative perspective
Do you wish to request the book?
Searching for the correct benefit estimate: empirical evidence for an alternative perspective
Please be aware that the book you have requested cannot be checked out. If you would like to checkout this book, you can reserve another copy
We have requested the book for you!
Your request is successful and it will be processed during the Library working hours. Please check the status of your request in My Requests.
Oops! Something went wrong.
Looks like we were not able to place your request. Kindly try again later.
Journal Article
Searching for the correct benefit estimate: empirical evidence for an alternative perspective
1996
Overview
This paper contrasts the results of the contingent valuation, hedonic price, and property damages avoided valuation techniques. Each technique was used to estimate the value of flood risk reduction from the construction of a flood control project. Voting behavior in a referendum called specifically for the provision of the project was used to further interpret the results from the three valuation studies. Substantial differences were found between the estimates. In explaining these differences an alternative perspective on the current debate over the validity and accuracy of nonmarket value estimates is offered.
