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Nonmarket Valuation in Action

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A Primer on Nonmarket Valuation

Part of the book series: The Economics of Non-Market Goods and Resources ((ENGO,volume 3))

Abstract

If a tree falls in the forest and no one is around to hear it, does it make a sound? Likewise, if a nonmarket valuation study is done and it is not used to affect or inform policy or management, does it serve a purpose? Previous chapters in this book have gone into detail about how to implement specific nonmarket valuation techniques. After reading all those chapters, one might reasonably ask: Who cares? Do these methods make a difference in the real world of policy and management decisions related to resource allocation? answer is ... well, sometimes.

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Author information

Authors and Affiliations

  1. Rocky Mountain Research Station, USDA Forest Service, USA

    Daniel W. McCollum

Authors
  1. Daniel W. McCollum
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Editor information

Editors and Affiliations

  1. Rocky Mountain Research Station, U.S. Forest Service, Fort Collins, CO, USA

    Patricia A. Champ  & Thomas C. Brown  & 

  2. Department of Resource Economics & Policy, University of Maine, USA

    Kevin J. Boyle (Libra Professor of Environmental Economics) (Libra Professor of Environmental Economics)

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© 2003 Springer Science+Business Media New York

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McCollum, D.W. (2003). Nonmarket Valuation in Action. 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_13

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  • DOI: https://doi.org/10.1007/978-94-007-0826-6_13

  • Publisher Name: Springer, Dordrecht

  • Print ISBN: 978-1-4020-1445-1

  • Online ISBN: 978-94-007-0826-6

  • eBook Packages: Springer Book Archive

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