Number: RL30242
Title: NATURAL RESOURCES: ASSESSING NONMARKET VALUES THROUGH CONTINGENT VALUATION
Authors: Joseph Breedlove, Resources, Science, and Industry Division Intern 
Abstract: This report provides background on the nonmarket value of natural resources and the strengths and weaknesses of contingent valuation for estimating such values. Nonmarket values are increasingly being recognized as important in natural resource damage assessments and decisionmaking. This report describes contingent valuation, a survey technique often used to estimate nonmarket values, and examines its strengths and weaknesses.
Pages: 21
Date: Updated June 21, 1999