TINKERING WITH VALUATION ESTIMATES: IS THERE A FUTURE FOR WILLINGNESS TO ACCEPT MEASURES?

This paper examines various methods proposed in the literature to calibrate welfare measures, especially willingness to accept and willingness to pay, derived from contingent valuation surveys. Through simulation and a case study, we hope to provide guidance for empirical welfare measurement in response to the theoretical dispute regarding WTA/WTP disparities.

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Year of publication:	2002
Authors:	Halstead, John M. ; Huang, Ju-Chin ; Stevens, Thomas H. ; Harper, Wendy
Institutions:	Agricultural and Applied Economics Association - AAEA
Subject:	Resource /Energy Economics and Policy

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Extent:	application/pdf
Series:	2002 Annual meeting, July 28-31, Long Beach, CA.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series 2002 Annual meeting, July 28-31, Long Beach, CA Number 19724
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005320272