Environmental Values 3(1994): 369-380. doi: 10.3197/096327194776679647
Contingent Valuation has been promoted as a catch-all approach to environmental valuation. While there have been numerous attempts in recent years to place monetary values on environmental amenities, studies have often reported a high frequency of protest, zero or inordinately large dollar-value responses. This paper reports on the results of a survey designed to obtain information on how people actually interpret questions of paying to avoid changes in their views of Rangitoto Island. Evidence suggests that the meaning respondents attach to the actual dollar values they offer or bid are inconsistent with the conventional logic that underlies Contingent Valuation. Instead, respondents might be seen to be expressing views about how things ought to be in society, and that it is simply not right to develop Rangitoto Island.
KEYWORDS: Contingent valuation, valuation, protest vote
CITATIONS in other Environmental Values articles:
Plural Values and Environmental Valuation. Wilfred Beckerman and Joanna Pasek
Conceptions of Value in Environmental Decision-Making John O'Neill and Clive L. Spash
The Indifference Curve, Motivation, and Morality in Contingent Valuation Rob Hart and Uwe Latacz-Lohmann
Realms of Value: Conflicting Natural Resource Values and Incommensurability. Sarah Fleisher Trainor
Natura economica in Environmental ValuationKatrine Soma
Reprints of this article can be ordered from the British Library Document Supply Service or ingenta
Contact the publishers for subscriptions and back numbers of Environmental Values.
THE WHITE HORSE PRESS
The Old Vicarage, Winwick
Cambridgeshire, PE28 5PN, UK
Tel: +44 1832 293222