Corpus ID: 59393436

Contingent Valuation Methodology in the Natural Resource Damage Regulatory Process: Choice Theory and the Embedding Phenomenon

@article{Binger1995ContingentVM,
  title={Contingent Valuation Methodology in the Natural Resource Damage Regulatory Process: Choice Theory and the Embedding Phenomenon},
  author={Brian R. Binger and R. Copple and E. Hoffman},
  journal={Natural Resources Journal},
  year={1995},
  volume={35},
  pages={443-460}
}
In their most recent article on the use of Contingent Valuation Methodology ("CVM") in the natural resource damages assessment ("NRDA") process, the authors take issue with the CVM components of the National Oceanic and Atmospheric Administration's ("NOAA") proposed NRDA rules. In particular, the authors argue that NOAA's proposed NRDA process does not comport with basic tenets of choice theory and that the CVM safeguards created by NOAA are not adequate to address the inherent, and perhaps… Expand
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References

Cummings & Glenn W . Harrison , Was the Ohio Court Well Informed in its Assessment of the Accuracy of the Contingent Valuation Method ? , 34
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