| Title |
The Value Assessment for Indirect Benefits of Road Project Using Contingent Valuation Method |
| Keywords |
Contingent Valuation Method(CVM);Willingness to pay(WTP);indirect benefits;feasibility;monetary value;조건부가치측정법;지불의사액;간접편익;경제성 분석;화폐가치화 |
| Abstract |
In case of low benefit project with low traffic or high-priced project, existing analysis of cost and benefit tends to present a low feasibility. However, considering the improvement of environment, intensification of disaster prevention, public stability of countryside area and formation of good scenery, these projects can have a feasibility. This paper analyzes and summarizes the indirect benefit of some ripple effects, caused by road projects, and presents the methodology and process in order to change the indirect benefit into monetary value. |