La valutazione economica delle risorse culturali. Un'applicazione della Contingent Valuation

2009 ◽  
pp. 107-122
Author(s):  
Francesca Mazza
Keyword(s):  
Willingness To Pay ◽  
Contingent Valuation ◽  
Contingent Valuation Method ◽  
Economic Value ◽  
Cultural Resources ◽  
Existence Value ◽  
Valuation Method ◽  
Total Economic Value ◽  
Key Words Evaluation

-The case study examines the economic aspects of cultural heritage conservation and deals the valuation of economic value in monetary terms, using the application of the contingent valuation method to the castle of Nicastro (Catanzaro, Italy). For the construction of the hypothetical market and the selection criteria and approach to subjects of the statistic sample, the proposed solutions work with operative adjustments, dictated by the characteristics of the resource in question and in general for all cultural resources. The study has produced reliable answers to questions of willingness to pay, expressing the measure of the different components of the value (use value and existence value) contribute to the composition of the total economic value. The study allowed to verify the possibility of using the contingent valuation as a political tool. The particular question format, which combines ‘double bounded dichotomous choice' and ‘open ended' techniques has allowed us to take a sensitivity analysis, defining the measure of willingness to pay.Key words: evaluation cultural resource, contingent valuation method, willingness to payParole chiave: valutazione, beni culturali, metodo di valutazione contingente, disponibilitŕ a pagare

scholarly journals A Study on the Value of Preserving a Parasitic Volcanic Sieve as a Tourism Good for Sustainable Management: Using the Contingent Valuation Method

2020 ◽  
Vol 12 (7) ◽  
pp. 2825
Author(s):  
Won Seok Lee
Keyword(s):  
Willingness To Pay ◽  
Contingent Valuation ◽  
Causal Relationship ◽  
Sustainable Management ◽  
Contingent Valuation Method ◽  
Economic Value ◽  
Dichotomous Choice ◽  
Valuation Method ◽  
Good For

The purpose of this study is to estimate the economic value of Geomun Oreum (GO), a parasitic volcanic sieve, for sustainable management by using the dichotomous choice contingent valuation method. To address the exaggeration tendency of willingness to pay (WTP), the contingent valuation method’s (CVM’s) traditional threshold, respondents’ WTP answers were reconfirmed to screen only true responses for our analysis. In addition to estimating the economic value, the causal relationship between the tour guide’s quality of explanation and the respondents’ payment intention is examined in the study. The results reveal that the estimated preservation value of GO is 35,881 KRW (33.28 USD), and the quality of the tour guide’s narrative is statistically related to the respondents’ payment intention.

scholarly journals Analisis Kesediaan Membayar (Willingness to Pay) Masyarakat Terhadap Pertanian Organik Buah Naga

Agriekonomika ◽  
2019 ◽  
Vol 8 (2) ◽  
pp. 143-155
Author(s):  
Kustiawati Ningsih ◽  
Halimatus Sakdiyah ◽  
Herman Felani ◽  
Rini Dwiastuti ◽  
Rosihan Asmara
Keyword(s):  
Willingness To Pay ◽  
Contingent Valuation ◽  
Contingent Valuation Method ◽  
Option Value ◽  
Existence Value ◽  
Valuation Method

Pertanian organik merupakan jawaban atas revolusi hijau yang digalakkan pada tahun 1960-an yang menyebabkan (a) Berkurangnya kesuburan tanah dan (b) Kerusakan lingkungan akibat pemakaian pupuk dan pestisida kimia yang tidak terkendali. Gagalnya revolusi hijau menyebabkan masyarakat semakin sadar akan pentingnya mengembangkan sistem pertanian yang berwawasan lingkungan dan berkelanjutan. Program “Go Organik 2010” merupakan implementasi dukungan pemerintah terhadap sistem pertanian organik. Sehingga pertanian organik mulai berkembang di Indonesia umumnya dan di Kabupaten Pamekasan, khususnya. Pertanian organik buah naga merupakan pertanian organik yang sedang berkembang di Kabupaten Pamekasan. Sebagai implementasi untuk mewujudkan kelestarian pertanian organik buah naga, maka dibutuhkan analisis tentang kesediaan membayar masyarakat terhadap nilai keberadaan (Existence Value) dan nilai penggunaan alternatif (Option Value) pertanian Organik Buah Naga. Penelitian ini menggunakan metode CVM (Contingent Valuation Method) untuk mengestimasi biaya yang akan dikeluarkan masyarakat. Hasil penelitian menunjukkan bahwa besarnya estimasi WTP (Willingness To Pay) masyarakat terhadap nilai keberadaan pertanian organik buah naga adalah sebesar Rp. 42.060.403,89 / hektar per tahun. Sedangkan besarnya estimasi WTP (Willingness To Pay) masyarakat terhadap nilai penggunaan alternatif pertanian organik buah naga sebesar Rp. 41.633.017,67 / hektar per tahun.

Stated Willingness to Pay for Public Goods: A Psychological Perspective

1993 ◽  
Vol 4 (5) ◽  
pp. 310-315 ◽  
Author(s):  
Daniel Kahneman ◽  
Ilana Ritov ◽  
Karen E. Jacowitz ◽  
Paul Grant
Keyword(s):  
Public Health ◽  
Willingness To Pay ◽  
Public Goods ◽  
Contingent Valuation ◽  
Contingent Valuation Method ◽  
Economic Value ◽  
Psychological Perspective ◽  
Valuation Method ◽  
Highly Correlated

In the contingent valuation method for the valuation of public goods, survey respondents are asked to indicate the amount they are willing to pay (WTP) for the provision of a good. We contrast economic and psychological analyses of WTP and describe a study in which respondents indicated their WTP to prevent or to remedy threats to public health or to the environment, attributed either to human or to natural causes. WTP was significantly higher when the cause of a harm was human, though the effect was not large. The means of WTP for 16 issues were highly correlated with the means of other measures of attitude, including a simple rating of the importance of the threat. The responses are better described as expressions of attitudes than as indications of economic value, contrary to the assumptions of the contingent valuation method.

scholarly journals Preserving the Culture of Jeju Haenyeo (Women Divers) as a Sustainable Tourism Resource

2020 ◽  
Vol 12 (24) ◽  
pp. 10564
Author(s):  
Sunwoo Park ◽  
Namho Chung ◽  
Won Seok Lee
Keyword(s):  
Contingent Valuation ◽  
Contingent Valuation Method ◽  
Economic Value ◽  
Intangible Cultural Heritage ◽  
Cultural Resources ◽  
United Nations Educational ◽  
South Korean ◽  
Cultural Organization ◽  
Valuation Method ◽  
Tourism Resource

The culture of Jeju Haenyeo, the women free divers of Jeju Island, is inscribed on United Nations Educational, Scientific and Cultural Organization (UNESCO)’s Intangible Cultural Heritage list; however, it is proving difficult to maintain this status because, in the absence of conservation measures, the number of Haenyeo is decreasing. Therefore, the purpose of this study was to use contingent valuation to determine the economic value of preserving Jeju Haenyeo culture, which derives from visitor entrance fees, with the aim of justifying the preservation of this and other such intangible cultural resources. Despite its methodological advantage of allowing estimation of the value of non-market goods, the contingent valuation method (CVM) has been criticized because the hypothetical nature of the conditions can cause overestimation. To overcome that limitation, the respondents in this study reported their willingness to pay (WTP), and their responses were repeatedly confirmed to ensure their sincerity. The CVM estimate of the preservation value of Jeju Haenyeo culture was 17,308 South Korean Won. The results of this study serve as referential data on the value of cultural heritages and the need to preserve and utilize these resources.

scholarly journals ECONOMIC ANALYSIS OF HERITAGE TOURISM AT OLD TOWN AREA SURABAYA

2019 ◽  
Vol 4 (1) ◽  
pp. 8
Author(s):  
Muryani Muryani
Keyword(s):  
Willingness To Pay ◽  
Cultural Heritage ◽  
Contingent Valuation ◽  
Contingent Valuation Method ◽  
Multinomial Logistic Regression ◽  
Heritage Tourism ◽  
Economic Value ◽  
Valuation Method ◽  
Town Area

AbstractThis study is an application of cultural heritage valuation using non-market methods. Contingent Valuation Method used to measure the amount of economic value by estimating willingness to pay from Surabaya residents. The economic value of the Old Town Area of Surabaya if there were improvementanddevelopment of heritage tourism is Rp. 1.471.764 billion.This value is greater than before improvement and development that is only Rp. 3.914.892.240. Multinomial logit regression was used to identify factors that affect the interest to visit and willingness to pay for the respondent. Results indicates that age, education, income, and knowledge significantly influence the interest to visit and willingness to pay. Therefore, it is necessary to encourage the development of heritage tourism, having regard to the determination of stakeholder and policy priorities.The method used in the determination of stakeholder and policy priorities is the Analytic Hierarchy Process.Overall, the use of three methods provide complete results so it can be a reference in the field of cultural heritage research and advice in the development of heritage tourism, especially in the old city area of Surabaya.Keywords: economic valuation, multinomial logistic regression, contingent valuation method, analythical hierarchy process.

scholarly journals Willingness to Pay for a Potential Insurance Policy: Case Study of Trout Aquaculture

2008 ◽  
Vol 37 (1) ◽  
pp. 41-50 ◽  
Author(s):  
Saleem Shaik ◽  
Keith H. Coble ◽  
Darren Hudson ◽  
James C. Miller ◽  
Terrill R. Hanson ◽  
...  
Keyword(s):  
Willingness To Pay ◽  
Contingent Valuation ◽  
Response Rate ◽  
Contingent Valuation Method ◽  
The United States ◽  
Insurance Policy ◽  
Premium Rate ◽  
Valuation Method ◽  
Premium Rates

Using trout producer survey data and the contingent valuation method, we estimate willingness to pay for a potential insurance policy. The survey was conducted in 2005 across the United States; 268 producers completed the survey instrument, resulting in a response rate of 81 percent. Design of the contingent valuation method takes into account two coverage levels and four premium rates. Using standard willingness-to-pay techniques, we assess the premium rate that producers with varying practices and regions are willing to pay for two different coverage levels of insurance. In general, trout producers appear willing to pay premium rates of 2 to 11 percent for these coverage levels.

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