Measuring nonuse damages using contingent valuation An experimental evaluation of accuracy (2nd ed.)

By WH Desvousges, F Johnson, RW Dunford, KJ Boyle, SP Hudson, KN Wilson

This second edition of Measuring Nonuse Damages Using Conjoint Valuation is essentially a reprint of a 1992 monograph that has been in steady demand since its original appearance. The RTI Press edition, which is intended to meet continued inquiries and requests for the monograph, contains a Foreword and a Preface to the second edition that put the original work into historical perspective. These studies of ways to value stated preferences, as applied then to the Exxon Valdez oil spill, continue to be a timely and still-rigorous examination of such methods; even with the passage of time and statistical advances from the past two decades, the conclusions and insights as to whether and how these techniques might still be employed in valuing use or nonuse losses from similar events remain valid.

Bibliography

Desvousges, W. H., Johnson, F., Dunford, R. W., Boyle, K. J., Hudson, S. P., & Wilson, K. N. (2010). Measuring nonuse damages using contingent valuation: An experimental evaluation of accuracy (2nd ed.). (RTI Press Publication No. BK-0001-1009). Research Triangle Park, NC: RTI Press. DOI: 10.3768/rtipress.2009.bk.0001.1009

Authors

WH DesvousgesAt the time of original printing, William H. Desvousges, PhD, was an economist in Research Triangle Institute’s (RTI’s) Natural Resource Damage Assessment Program in the Center for Economics Research.* In 2005 he formed W. H. Desvousges & Associates, Inc., an environmental resources consulting firm, and he remains its president.

F JohnsonF. Reed Johnson, PhD, is a Senior Fellow and principal economist in RTI Health Solutions.

RW DunfordRichard W. Dunford, PhD, was also an economist in RTI’s Natural Resource Damage Assessment Program. In July 2005, he founded Environmental Economics Services, LLC, an independent economics consulting firm, to assist businesses in applying economics to complex environmental and natural resource issues.

KJ BoyleKevin J. Boyle, PhD, worked for the University of Maine Department of Agricultural and Resource Economics in 1992, and he has continued in the field of economic research. He is currently professor and head of the Department of Agricultural and Applied Economics at Virginia Polytechnic Institute and State University (Virginia Tech).

SP HudsonAt the time of original printing, Sara P. Hudson was an economist in RTI’s Natural Resource Damage Assessment Program. She is now a school teacher.

KN WilsonAlso an economist in RTI’s Natural Resource Damage Assessment Program, K. Nicole Wilson is now the Ronald McDonald House coordinator for Southern California.

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