A Primer on Nonmarket Valuation

This insightful guide delves into the principles of nonmarket valuation, offering a comprehensive understanding of how to assess the value of resources and goods that are not traded in traditional markets. Written by experts Patricia A. Champ, Kevin J. Boyle, and Thomas C. Brown, it serves as a vital primer for those looking to grasp the intricate techniques and methodologies used to evaluate the worth of environmental amenities and public goods.

With a focus on clarity and accessible explanations, the text illuminates the various approaches to measuring value in scenarios where market prices are absent. It addresses the significance of nonmarket valuation in informing policy decisions and resource management, making it an indispensable resource for students, researchers, and professionals interested in environmental economics and resource conservation. Through its engaging narrative, readers are equipped with the knowledge needed to navigate this essential field of study.