Terminology Service: SST: contingent valuation

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social science subjects > business and management > business ethics > finance ethics > contingent valuation

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contingent valuation

Contingent valuation is a survey-based method of determining the economic value of a nonmarket resource. It is used to estimate the value of resources and goods not typically traded in the economic markets. [Source: Encyclopedia of Business Ethics and Society; Contingent Valuation]

https://concepts.sagepub.com/social-science/concept/contingent_valuation

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