As demands on publicly administered natural resources grow, the need for improved knowledge of the beneficial and detrimental consequences of alternative resource allocations also increases. Monetary valuation of the gains and losses is an important part of this needed information. Economists have forwarded many techniques that are widely accepted by natural resource economists, but the methods are not without controversy. The technical issues that form the focus of the controversy include concerns about: (1) consistency between economic theory and human behaviour; (2) validity of methodological assumptions; (3) adequacy of experimental design; (4) clarity and validity of interpretation; (5) appropriateness of generalization and (6) adequacy of economic measures to include and represent all relevant dimensions of human concern. The book was designed with other behaviour sciences, such as sociology and psychology, in the valuation of non-priced amenity goods and services. The book is di
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