Improving the urban environment in developing countries is now an emerging priority. In that context, valuation is an important source of information to the policy-makers. This paper discusses the application of a multiple choice contingent valuation method to improvements in water supply in Madras, based on a 1996 survey of households in Madras. It is proposed that property rights regimes for the environmental goods concerned can be incorporated into the valuation framework using Sen's entitlements approach. As a step in that direction, a water endowment function has been defined for households in Madras. Issues for policy and research are raised.
|Number of pages||20|
|Journal||Journal of International Development|
|Publication status||Published - 21 Jun 1999|
- contingent valuation
- property rights
- water management and supply
- development economics