In this book, the first of two volumes, the authors provide detailed case studies
of valuation techniques that have been used in developing countries. They
demonstrate that valuation works and that it can yield significant insights into
policy-relevant issues regarding conservation and economic development. The authors
address a whole range of environmental issues under the broad themes of water and
air quality, biological diversity and forest functions. The economic approaches
covered include contingent valuation, hedonic property prices, travel cost
methodologies and benefits transfer.