TY - JOUR
T1 - Guidance for Deliberative Monetary Valuation Studies
AU - Schaafsma, Marije
AU - Bartkowski, Bartosz
AU - Lienhoop, Nele
PY - 2018
Y1 - 2018
N2 - There is growing demand for more pluralistic valuation approaches, for which Deliberative Monetary Valuation (DMV) is suitable. Guidance is needed for valid and reliable DMV application, as exists for conventional willingness to pay studies using stated preference methods. The purpose of this paper is to develop a set of minimal requirements for study design and reporting aimed at DMV practitioners, based on the existing DMV literature as well as related social science literatures. The core contribution of our paper is the practical recommendations for DMV study design focusing on the deliberation process and elicitation format, analysis of the deliberation and willingness to pay results, and validity. We summarise reporting requirements for reliability, before o ering conclusions and suggestions for promising future research directions.
AB - There is growing demand for more pluralistic valuation approaches, for which Deliberative Monetary Valuation (DMV) is suitable. Guidance is needed for valid and reliable DMV application, as exists for conventional willingness to pay studies using stated preference methods. The purpose of this paper is to develop a set of minimal requirements for study design and reporting aimed at DMV practitioners, based on the existing DMV literature as well as related social science literatures. The core contribution of our paper is the practical recommendations for DMV study design focusing on the deliberation process and elicitation format, analysis of the deliberation and willingness to pay results, and validity. We summarise reporting requirements for reliability, before o ering conclusions and suggestions for promising future research directions.
KW - Environmental valuation
KW - non-market valuation
KW - stated preferences
KW - survey
KW - workshops
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U2 - 10.1561/101.00000103
DO - 10.1561/101.00000103
M3 - Article
VL - 12
SP - 267
EP - 323
JO - International Review of Environmental and Resource Economics
JF - International Review of Environmental and Resource Economics
SN - 1932-1465
IS - 2-3
ER -