DEFINING THE EXTENT OF AGGREGATION IN BENEFIT MEASUREMENT OF IMPROVING PROJECT OF RIVER ENVIRONMENT

Abstract

There has been a shift in social infrastructure development from quantitative improvements such as efficiency and disaster prevention to those of a more qualitative nature such as amenities, natural resources and the environments. As a result, CVM (Contingent Valuation Method) has been garnering interest as a method to measure the benefits of qualitative objective-oriented projects.
This thesis concretely shows approaches dealing with the extent of aggregation and underscores the need for application of post-project evaluations that has already been in operation in our country.