contingent valuation


Also found in: Acronyms, Wikipedia.

contingent valuation

(kŏn-tin′jĕnt val″yŭ-ā′shŏn)
A method of assigning a monetary value to a nonexchangeable condition, product, or service, e.g., health care or environmental quality. It is based on surveys of the stated preferences of people for specified conditions, asking them how much they might be willing to pay for those services.
References in periodicals archive ?
325 valid forms returned), which is high for contingent valuation studies and qualifies to derive some general information (Groves and Couper 2008, Nowak et al.
The contingent valuation (CV) technique is employed to estimate the minimum WTA compensation or the maximum willingness to pay (WTP).
Contingent valuation, by contrast, uses surveys--essentially asking people about their willingness to pay.
Although it has a much longer history in other contexts, contingent valuation is only recently becoming common in sports applications (e.g., Atkinson et al., 2008; Castellanos, Garcia, & Sanchez, 2011; Johnson & Whitehead, 2000; Owen, 2006; Vekeman et al., 2015).
"Choice experiment, multiple programmes contingent valuation and landscape preferences: How can we support the land use decision making process?".
Keywords: Non-market Valuation, Contingent Valuation Method, Safe Water, Willingness to Pay, Karachi
The paper presents results from applying contingent valuation methodology in two towns with clubs in the bottom-tier of English professional football.