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Valuing Environmental PreferencesTheory and Practice of the Contingent Valuation Method in the US, EU , and developing Countries$
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Ian J. Bateman and Kenneth G. Willis

Print publication date: 2001

Print ISBN-13: 9780199248919

Published to Oxford Scholarship Online: November 2003

DOI: 10.1093/0199248915.001.0001

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Contingent Valuation Methodology and the EU Institutional Framework

Contingent Valuation Methodology and the EU Institutional Framework

(p.585) 17 Contingent Valuation Methodology and the EU Institutional Framework
Valuing Environmental Preferences

François Bonnieux

Pierre Rainelli

Oxford University Press

The environmental legislation process in the EU originated in the First Environmental Action Programme in 1973. A consistent set of principles emerged in successive Environmental Action Programmes: polluter pays; precaution; subsidiarity; and sustainability. There has been a notable absence in the use of valuation techniques within EU decision‐making, which has relied instead on Environmental Impact Assessment. Individual national governments within the EU have used valuation techniques on an ad hoc basis.

Keywords:   Common Agricultural Policy, Contingent valuation, Environmental policy, Environmental protection, European Environment Agency, European Union, Polluter pays principle, Precaution principle, subsidiarity, sustainable development

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