Abstract
Stated preference approaches to nonmarket valuation rely on answers to carefully worded survey questions. Those answers—in the form of monetary amounts, choices, ratings, or other indications of preference—are scaled following an appropriate model of preference to yield a measure of value. Two common, and one not so common, stated preference methods are discussed in the next three chapters.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
Similar content being viewed by others
References
American Psychological Association. 1974. Standards of Educational and Psychological Tests. Washington, D. C: American Psychological Association.
Bohrnstedt, G. W. 1983. Measurement. Pages 69–121 in Handbook of Survey Research, edited by P. H. Rossi, J. D. Wright and A. B. Anderson. New York: Academic Press.
Davis, R. K. 1963. Recreation Planning as an Economic Problem. Natural Resources Journal 3(2):239–249.
Fechner, G. T. 1860. Elemente der Psychophysik. Leipzip: Breitkopf and Hartel.
Juster, F. T. 1966. Consumer Buying Intentions and Purchase Probability: An Experiment in Survey Design. Journal of the American Statistical Association 61:658–696.
Lancaster, K. J. 1966. A New Approach to Consumer Theory. Journal of Political Economy 74:132–147.
Gregory, R., S. Lichtenstein, T. Brown, G. Peterson, and P. Slovic. 1995. How Precise Are Monetary Representations of Environmental Improvements? Land Economics 71(4):462–473.
Manski, C. F. 2000. Economic Analysis of Social Interactions. Journal of Economic Perspectives 14(3):115–136.
McFadden, D. 2001. Economic Choices. American Economic Review 91(3):351–378.
Mitchell, R. C, and R. T. Carson. 1989. Using Surveys to Value Public Goods: The Contingent Valuation Method. Washington, D. C.: Resources for the Future.
Stevens, S. S. 1946. On the Theory of Scales and Measurement. Science 103:667–680.
Stevens, S. S. 1966. A Metric for the Social Consensus. Science 151(Februray 4):530–541.
Sudman, S., N. M. Bradburn, and N. Schwarz. 1996. Thinking About Answers. San Francisco: Jossey-Bass Publishers.
Thurstone, L. L. 1927a. The Method of Paired Comparisons for Social Values. Journal of Abnormal Social Psychology 21:384–400.
Thurstone, L. L. 1927b. Psychophysical Analysis. American Journal of Psychology 38:368–389.
Thurstone, L. L., and E. J. Chave. 1929. The Measurement of Attitude. Chicago, IL: University of Chicago Press.
von Neumann, S, and O. Morgenstern. 1944. The Theory of Games and Economic Behavior. Princeton, NJ: Princeton University Press.
Author information
Authors and Affiliations
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2003 Springer Science+Business Media New York
About this chapter
Cite this chapter
Brown, T.C. (2003). Introduction to Stated Preference Methods. In: Champ, P.A., Boyle, K.J., Brown, T.C. (eds) A Primer on Nonmarket Valuation. The Economics of Non-Market Goods and Resources, vol 3. Springer, Dordrecht. https://doi.org/10.1007/978-94-007-0826-6_4
Download citation
DOI: https://doi.org/10.1007/978-94-007-0826-6_4
Publisher Name: Springer, Dordrecht
Print ISBN: 978-1-4020-1445-1
Online ISBN: 978-94-007-0826-6
eBook Packages: Springer Book Archive