Determining the appropriate survey population and the commodity to be valued are among the most fundamental design decisions for stated preference (SP) surveys. However, often little information is available about who in the population holds measurable value for the resource (the extent of the...

Determining the appropriate survey population and the commodity to be valued are among the most fundamental design decisions for stated preference (SP) surveys. However, often little information is available about who in the population holds measurable value for the resource (the extent of the...

My aim in this paper is to reinterpret Adam Smith's theory of economic interaction by assigning a central role to his foundational presumption that persons are natural equals. There are implications of this presumption to be drawn both for the behavioral adjustments that move the system toward...