Browsing by Subject "contingent valuation"

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    Contingent Valuation and Cultural Resources: A Meta-Analytic Review of the Literature
    (2003-11) Noonan, Douglas S.
    Contingent valuation methodology (CVM) has been increasingly applied to cultural resources. CVM employs survey methods to gather stated preference information, which can be used to estimate economic values of various cultural resources and projects. Although popular in other fields, the application of CVM in the cultural arena is relatively recent. This article summarizes this growing body of empirical literature and its range of findings. A meta-analysis gives a statistical view of the “state of the art” of the literature. This preliminary analysis sheds light on the consistency and validity of the use of this method in cultural applications.
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    Valuing Arts and Culture: A Research Agenda for Contingent Valuation
    (2004) Noonan, Douglas S.
    Presents information on the application of contingent valuation methodology (CVM) to value arts and cultural resources. Basic elements of CVM surveys; Criticisms against CVM as a measurement tool; Summary of results of a number of studies on willingness to pay for arts and theaters; Significance of CVM to fundraising efforts and in monitoring politicians' allocations of public resources; Discussion on communicating CVM findings.