Constructing Markets
Bibliographic Data
| ID | 4297231 |
|---|---|
| Authors | H Spencer Banzhaf (corresponding author) |
| Year | 2017 |
| Volume | 49 |
| Issue | Supplement |
| Pages | 213-239 |
| Publication date | 2017-01-01 |
| Peer Reviewed | Yes |
| Open Access | No |
| Type | ARTICLE |
| Venue | History of Political Economy (JOURNAL) |
| Journal identifiers | ISSN: 0018-2702 • E-ISSN: 1527-1919 |
| Publisher | Duke University Press (PUBLISHER • US) |
| DOI | 10.1215/00182702-4166335 |
| OpenAlex | W3021646802 |
| Language | EN |
| Citations received | 5 |
| References cited | 49 |
As economists took up the task of measuring the "demand" for environmental services not traded in markets, some chose to substitute survey-based methods known as contingent valuation (CV). Doing so, they could not help but find themselves in the uncomfortable position of self-evidently constructing their observations rather than merely observing them. Apparent anomalies between the constructs and the predictions for economic man led to a fierce debate over the merits of contingent valuation—a debate that hinged on the question of whether economic theory was being "applied" or "tested
Chose · Contingent valuation · Economics · Financial economics · Microeconomics · Political science · Position (finance · Positive economics · Valuation (finance · Willingness to pay · American Environmental and Regional History · Conservation, Biodiversity, and Resource Management · Economic and Environmental Valuation · Finance · Law
Valuing environmental goods
Handbook of Choice Modelling
The Methodology of Experimental Economics
Valuing public goods
Willingness to Pay and Compensation Demanded
Contingent Valuation and Lost Passive Use
Measuring Values of Extramarket Goods
Rationality for Economists?
Estimating demand for public goods
The Willingness to Pay–Willingness to Accept Gap, the “Endowment Effect,” Subject Misconceptions, and Experimental Procedures for Eliciting Valuations
How People Respond to Contingent Valuation Questions
Prospect Theory
Toward a positive theory of consumer choice
The Pure Theory of Public Expenditure
Environmental Policy under Reagan's Executive Order
Experimental Tests of the Endowment Effect and the Coase Theorem
Misconceptions and Game Form Recognition
Cost of Living and Wage Determination
The Concept of Applied Economics
Anomalies
Early Experiments in Consumer Demand Theory
Retrospectives
Contingent Valuation
The Contingent Valuation Debate
Valuing the Environment Through Contingent Valuation
Cents and Sensibility
Congestion, quality deterioration, and optimal use
| Unique citing works | 5 |
|---|---|
| Citations per year | 0,83 |
| Citation span | 2020 - 2023 (4) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 5 |