...Harro Maas; Andrej Svorenčík This paper examines consulting and expert work performed by (experimental) economists for the Exxon Valdez litigation case. One of the issues at stake was the use of a specific method, contingent valuation, to estimate the so-called passive use value part of the damage...

...H. Spencer Banzhaf As economists took up the task of measuring the “demand” for environmental services not traded in markets, some chose to substitute survey-based methods known as contingent valuation (CV). Doing so, they could not help but find themselves in the uncomfortable position of self...

... as the contingent valuation method. Initially, this method asked respondents directly about their willingness to pay for a realistically described recreational amenity. When contingent valuation became used for valuation studies of environmental and health issues in a regulatory and legal framework, initial support...

... suppl.) DOI 10.1215/00182702-9663331 Copyright 2021 by Duke University Press 328 Index Brookshire, David S., 308. See also Valuing Environmental Balfour, Gerald, 252 Goods: An Assessment of Banzhaf, Spencer, 295, 300n3, 306 the Contingent Valuation Barnett, Vincent, 134 Conference beauty, 224 Becker...

...Jeffrey L. Callen This study evaluates the extent to which the asset valuation arguments raised by medieval post-Talmudic legal scholars are consistent with modern contingent claims analysis. In particular, this study evaluates the arguments proposed by these scholars in order to rationalize...

... publications are, again with Andrej Svoren ík, Fraught with Controversy : Organizing Expertise against Contingent Valuation (2017), and Monitoring the Self: François-Marc-Louis Naville and His Moral Tables (2020). This last article is part of his current project Moral Accounting Matters funded...

... ): 104, 107 . Lester R. A. 1946 . “ Shortcomings of Marginal Analysis for Wage-Employment Problems .” American Economic Review 36 : 63 – 82 . Maas H. Svorenčík A. 2017 . “ Fraught with Controversy: Organizing Expertise against Contingent Valuation .” History of Political...

... into money values” by nonmarket valuations like shadow pricing or contingent val- uation: Prices depend on the distribution of income and on the problematic allocation of property rights to items of “natural capital.” In the in- tergenerational context, the rate of discount needed to weigh future...

... the valuation period (say, the next 75 years), the estimated income from the specified contribution rates and from the invested assets is at least sufficient to finance the estimated disbursements for benefit payments and administrative expenses. A more rigorous (and desirable) requirement...

... in its price, and its nonuse or public-good value that can be evaluated using techniques such as choice modeling or contingent valuation. The full eco- nomic value thus compiled can be expressed in financial terms. Cultural 9. See the essays written from several disciplinary standpoints...

... basis of the early legislation is the issue under debate, it is worth looking into the methods used in those days to make projections to 1980, which was the end of the valuation period decided upon. The introduction of an earnings test3 in the Senate version of the 1935 bill made it necessary...

... of Value” (1991b). Mirowski regards “Meaning of a Dollar” as a literary version of things stated more abstractly in “Postmodernism,” but I find it useful to have all three recent statements at hand (including “Symmetries”) in trying to fathom what is being said. Valuation as Social We...

... beyond issues of trust and credibility, Rescher interprets cognitive im- portance as a rational economic act in chapter 4. The allocation of effort and at- tention requires an act of valuation. A scientist has to decide where to direct professional activities; some lines of inquiry may...

... existence, the validity of truth was not constrained by empirical contingencies-it was eternal, ‘buntouchedby . . . change.”21 Thus truth was always and ev- erywhere valid: it was unaffected by changes in the empirical world. However, this emphasis given to the question of validity...

... are the contingent and not the necessary. Even if Aristotle’s histor- ical account is a genetic analysis, the conclusions to be drawn from it can only be general rules or statements which carry the possibility of excep- tion. They can never be universal truth Monroe and Schumpeter have thus been convicted...

... to budget constraint provides the explanation. Notice that there are at least four key parts to such an explanation. First, the individual consumers have preferences and/or an associated ordinal utility function that characterizes their personal valuations of all bundles of commodities...

... economics, accounting, and land valuation. Ernesto Marenghi, a graduate of the SSA of Milan, held the chair of agricultural economics, accounting, and land valuation in Perugia (see Gabba 1995). Eugenio Azimonti, after graduating from the SSA of Milan, had moved to Basilicata (in the far south...

... SSSR, Otdeleniye Ekonomiki i Prava , 1946 , no. 3. English review by J. Miller in Soviet Studies (1949), p. 119 -27. Szakolczai , G. “The Pattern of Investment and the Rate of Growth.” Acta Œconomica 2 , no. 3 ( 1967 ). Terekhov , L. L. Valuations in the Optimal Plan . Moscow...

... . The Valuation of Property: A Treatise on the Appraisal of Property for Different Legal Purposes . New York: McGraw-Hill. Bonbright, James, and Gardiner C. Means. 1932 . The Holding Company: Its Public Significance and Its Regulation . New York: McGraw-Hill. Bratton, William W. 2001 . Berle and Means...

... are justified using citations from Human action. In order to function, an economy must have a means of “economic calculation” (S I I 7, HI99). Economic calculation provides valuations, based on present and expected future conditions, which enable producers to choose a production point. When...