Table 1. Standard methods of quantifying values. See Appendix 1 for additional information.
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Method |
Description |
Discipline |
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Visual preference survey, visualization, visual impact
assessment |
Measures tacit manifestations of aesthetic values such as individual
preferences for landscapes, architecture, or other features. Provides
assessments that are primarily qualitative in nature. |
Community planning, landscape architecture |
|
Charrette |
Elicits stakeholder input on a planning process or design using intensive meetings. Incorporates all categories of value into policy without providing explicit value measures. Is primarily qualitative. |
Policy, planning |
|
Revealed preference tools |
Infers people’s values from actual choices made, typically in a market
context. Examples include hedonic pricing and travel cost methods. Provides quantitative
assessments of value, typically in dollar terms. |
Economics |
|
Stated preference survey |
Infers tacit manifestations of value through people’s
responses to hypothetical survey questions. Examples include contingent
valuation and contingent choice. Provides primarily quantitative assessments of value,
often in dollar terms. |
Economics |
|
Interview techniques |
Ranges from informal discussion to structured surveys. Elicits values
through people’s responses. Provides quantitative or qualitative results, sometimes in
dollar terms. |
Sociology, psychology, economics, decision science |
|
Social/civic valuation |
Measures values that groups place on amenities, either through
actual decisions made or through hypothetical questions posed to groups.
Examples include results of public referendum and focus groups. Provides qualitative or
quantitative results, sometimes in dollar terms. |
Policy, planning |
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