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Social Cost-Benefit Analysis×Contingent Valuation Method×
分野経済学経済学
系統Process / pipelineProcess / pipeline
提唱年19741963
提唱者Ian Little & James Mirrlees; Partha Dasgupta, Amartya Sen & Stephen Marglin (UNIDO)Robert K. Davis (early use); methodology codified by the NOAA panel
種類Welfare-based project appraisal using shadow pricesSurvey-based stated-preference valuation method
原典Little, I. M. D., & Mirrlees, J. A. (1974). Project Appraisal and Planning for Developing Countries. Heinemann Educational / Basic Books. ISBN: 9780435845001Hanemann, W. M. (1994). Valuing the environment through contingent valuation. Journal of Economic Perspectives, 8(4), 19–43. DOI ↗
別名SCBA, Economic Appraisal, Shadow-Price Cost-Benefit Analysis, Social Appraisal of Investment ProjectsCVM, Stated-Preference Valuation, Willingness-to-Pay Survey, Survey-Based Non-Market Valuation
関連32
概要Social cost-benefit analysis (SCBA) appraises public investment projects from the standpoint of society as a whole rather than a private investor. It values inputs and outputs at shadow prices that reflect their true opportunity cost to the economy — correcting market prices for taxes, subsidies, trade distortions, and unemployment — applies distributional weights to gains accruing to different income groups, and discounts the resulting stream of social net benefits at a social discount rate to obtain a net present social value. The modern framework was systematized by Little and Mirrlees and, in parallel, in the UNIDO guidelines of Dasgupta, Sen, and Marglin.The contingent valuation method (CVM) is a survey-based stated-preference technique for estimating the economic value people place on goods that are not traded in markets — clean air, an endangered species, a wilderness area, the existence of a natural resource. Respondents are presented with a carefully constructed hypothetical scenario and asked how much they would be willing to pay for a described change in provision; their answers are used to estimate mean or median willingness to pay, including non-use (existence) values that no market reveals.
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