000002435 001__ 2435
000002435 005__ 20141118153432.0
000002435 04107 $$acze
000002435 046__ $$k2014-07-22
000002435 100__ $$aJunainah, M.
000002435 24500 $$aThe need to improve existing method of valuation for cultural heritage asset

000002435 24630 $$n4.$$pProceedings of the 4th International Conference on Heritage and Sustainable Development
000002435 260__ $$bGreen Lines Institute for Sustainable Development, Barcelos, Portugal
000002435 506__ $$arestricted
000002435 520__ $$2eng$$aMost services and values of heritage asset are not traded in the market. Thus, determination of its value requires economic valuation of non-market goods. There are two types of economic valuation namely stated preference (SP) method and revealed preference (RP) method. The SP dominates heritage asset valuation literature with contingent valuation method (CVM) being the most popular method. However, over the past two decades this method has received many criticisms regarding the bias in value estimation. This paper highlights the need to improve the methodological aspect of CVM method for cultural heritage asset.

000002435 540__ $$aText je chráněný podle autorského zákona č. 121/2000 Sb.
000002435 653__ $$a

000002435 7112_ $$a4th International Conference on Heritage and Sustainable Development$$cGuimarães (Pt)$$d2014-07-22 / 2014-07-25$$gHERITAGE 2014
000002435 720__ $$aJunainah, M.$$iRosdi, Ab R.$$iSuriatini, I.
000002435 8560_ $$ffischerc@itam.cas.cz
000002435 8564_ $$s386565$$uhttps://invenio.itam.cas.cz/record/2435/files/v1page463.pdf$$y
             Original version of the author's contribution as presented on CD, , page 463.
            
000002435 962__ $$r2390
000002435 980__ $$aPAPER