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Persistent link: https://www.econbiz.de/10011406695
Desvousges, Mathews and Train (2015) find that their contingent valuation method (CVM) survey data does not pass the adding up test using a nonparametric estimate of mean willingness-to-pay. Their data suffers from non-monotocity, flat bid curve and fat tails problems, each of which can cause...
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Persistent link: https://www.econbiz.de/10015078462
We use contingent behavior analysis to study the effects of pfiesteria-related fish kills on the demand for seafood in the Mid-Atlantic region. We estimate a set of demand difference models based on individual responses to questions about seafood consumption in the presence of fish kills and...
Persistent link: https://www.econbiz.de/10009445543
We attempt to value health risks by combining traditional demand impact analysis with direct elicitation of individuals’ risk perceptions of food safety. We examine the impact of multiple risks of related goods on consumption of a risky good. We argue that the consumption of a risky good...
Persistent link: https://www.econbiz.de/10009445607
In this article we present results from a study of recreation demandfor southern North Carolina beaches. We combine revealed preference andstated preference data in order to estimate the changes in recreation demandthat might occur with beach nourishment and parking improvements necessaryto...
Persistent link: https://www.econbiz.de/10009446444
We examine the impact of multiple risks of related goods on consumption of a risky good. We argue that the consumption of a risky good depends on both its absolute risk level and its relative risks to other risky goods. Seafood consumption in eastern North Carolina is studied. We elicit, in a...
Persistent link: https://www.econbiz.de/10005503638
Recreation demand studies have traditionally utilized a two-step valuation method, estimating condtional recreation participation probabilities and then intensity of use decisions. These two steps of analysis are combined to estimate the use value of natural resource recreation sites. The...
Persistent link: https://www.econbiz.de/10005460027
We conduct predictive validity tests using revealed and stated behavior data from a panel survey of North Carolina coastal households. The application is to hurricane evacuation behavior. Data was initially collected after Hurricane Bonnie led to hurricane evacuations in North Carolina in 1998....
Persistent link: https://www.econbiz.de/10005464083
Increased federal environmental regulation during the 1970s had major effects on the political markets of state environmental quality. We test several theories in the literature on comparative state policy for the time period beginning with the National Environmental Policy Act and ending with...
Persistent link: https://www.econbiz.de/10005466782