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Teaching Contingent Valuation and Promoting Civic Mindedness in the Process Roland Chen Department of Economics, Monash University Abstract Economics majors are often assumed to lack civic mindedness.
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What is teaching contingent valuation and?
Teaching contingent valuation involves educating individuals on the methods used to estimate the economic value of non-market goods and services.
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Professors, researchers, or consultants who teach or practice contingent valuation may be required to file teaching contingent valuation forms.
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The purpose of teaching contingent valuation is to educate individuals on the importance and methods of valuing non-market goods and services for policy and decision-making purposes.
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Information such as the valuation methods used, the goods or services being valued, data sources, and any assumptions made must be reported on teaching contingent valuation forms.
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