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Author: | Throsby, D. |
Title: | Determining the value of cultural goods: how much (or how little) does contingent valuation tell us? |
Journal: | Journal of Cultural Economics
2003 : NOV, VOL. 27:3-4, p. 275-285 |
Index terms: | Culture Products Contingent valuation |
Language: | eng |
Abstract: | The economic value of cultural goods and services has been determined by combining contingent valuation methods (CVM) and valuations that are provided through market processes. In this article it is argued that CVM does not provide a complete outlook of the nonmarket value of cultural goods, and that alternative measuring methods should be developed. |
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