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A conceptual framework for an effective economic valuation of heritage building


Citation

Junainah Mohamad and Suriatini Ismail and Rosdi Ab. Rahman (2015) A conceptual framework for an effective economic valuation of heritage building. In: Prosiding Pascasiswazah FTKW 2014. Universiti Malaysia Kelantan, pp. 79-97. ISBN 9789675782824

Abstract

The economic valuation of non-market goods specifically heritage building has faced many challenges over the time. Valuation is part of decision making process for the preservation and protection of heritage building. Contingent Valuation Method (CVM) is the most popular method for heritage building valuation. However, over the past two decades this method has received many criticisms due to potential biased estimation. This paper presents a conceptual framework for an effective economic valuation of heritage building based on CVM

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Additional Metadata

Item Type: Book Section
Collection Type: Institution
Date: 2015
Uncontrolled Keywords: Economic Valuation - Valuation - Heritage Building
Faculty/Centre/Office: Faculty of Creative Technology and Heritage
URI: http://discol.umk.edu.my/id/eprint/8593
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