Calibrating Dissimilar Payment Vehicles in Contingent Valuation Studies: An Example of Reducing Hydrilla in Two North Florida Spring-Fed River Systems

Choice of payment vehicle (PV) is important to contingent-valuation practitioners. They are often left using scenarios that may elicit bias responses; for example hypothetical gate fees in open access areas. Utility bills may avoid bias, but introduce a scaling problem. A survey of north-Florida spring-based recreation calibrates these two dissimilar PVs.

MoreLess

Year of publication:	2013-02-05
Authors:	Thomas, Victoria ; Thomas, Michael H.
Institutions:	Southern Agricultural Economics Association - SAEA
Subject:	Contingent Valuation \| Payment Vehicle \| Agribusiness \| Environmental Economics and Policy

More details

Extent:	application/pdf
Series:	2013 Annual Meeting, February 2-5, 2013, Orlando, Florida.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series 2013 Annual Meeting, February 2-5, 2013, Orlando, Florida Number 143801
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010880667