Unpriced values : decisions without market prices / John A. Sinden, Albert C. Worrell.

Part I. Concepts of valuation, 3 -- 1. Policy, planning, and values, 3 -- 2. An economic basis for valuation, 17 -- 3. Individual valuations, 53 -- 4. Social valuations, 63 -- 5. Valuation and decision making, 82 -- 6. Valuation as a process, 105 -- Part II. Methods of valuation and analysis, 119 -- 7. Selection of a valuation method, 119 -- 8. Analyses involving multiple objectives, 130 -- 9. Analyses involving characteristics of the environment, 162 -- 10. Estimation of total utility the expedient methods, 188 -- 11. Estimation of total utility- the rigorous methods, 213 -- 12. Estimation of monetary values-opportunity cost methods, 250 -- 13. Estimation of monetary values-interpretation of market and land prices, 276 -- 14. Estimation of monetary values-direct questioning, 303 -- 15. Estimation of net social benefit-direct methods, 335 -- 16. Estimation of net social benefit-structured methods, 364 -- 17. Estimation of social values, 383 -- Part III. Rational decisions without market prices, 415 -- 18. Why decisions involving unpriced values are con side red difficult, 415 -- 19. Reputedly difficult valuations-analyses of examples, 444 -- 20. Complex decisions involving unpriced values-analysis of an example, 465 -- Index, 509.