Guidance for Deliberative Monetary Valuation Studies

Marije Schaafsma*, Bartosz Bartkowski, Nele Lienhoop

*Corresponding author for this work

Research output: Contribution to JournalArticleAcademicpeer-review

Abstract

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.

Original languageEnglish
Pages (from-to)267-323
Number of pages57
JournalInternational Review of Environmental and Resource Economics
Volume12
Issue number2-3
DOIs
Publication statusPublished - 2018

Keywords

  • Environmental valuation
  • non-market valuation
  • stated preferences
  • survey
  • workshops

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