SENSITIVITY TO SCOPE: EVIDENCE FROM A CVM STUDY OF WETLANDS

Wetlands valuation is a situation in which CVM studies might be expected to fail scope tests. This paper reports results from a split-sample CVM study of Wisconsin wetlands. The survey employed a multiple-bounded, polychotomous-choice format, and compared WTP distributions using the method of convolutions. The survey demonstrated sensitivity to scope.

MoreLess

Year of publication:	1999
Authors:	Mullarkey, Daniel J. ; Bishop, Richard C.
Institutions:	Agricultural and Applied Economics Association - AAEA
Subject:	Resource /Energy Economics and Policy

More details

Extent:	application/pdf
Series:	1999 Annual meeting, August 8-11, Nashville, TN.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series 1999 Annual meeting, August 8-11, Nashville, TN Number 21513
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005494115