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Recent attempts to test the validity of the contingent valuation method have relied on laboratory-type experiments. In these experiments, willingness to pay responses in hypothetical choice experiments are compared with responses from choice experiments requiring actual payments. Often evidence...
Persistent link: https://www.econbiz.de/10005320572
Choice modelling is increasingly being used to generate estimates of the value of changes in environmental quality. This is partly because of the informational efficiencies of the technique, but also because of concern about the accuracy of contingent valuation. Experimental evidence has,...
Persistent link: https://www.econbiz.de/10009445979
This paper addresses the external validity of experiments investigating the characteristics of altruism in the voluntary provision of public goods. We conduct two related experiments that allow us to examine whether individuals who act more altruistically in the context-free environment are also...
Persistent link: https://www.econbiz.de/10005642321
Meta-analysis, or the "study of studies", attempts to statistically measure systematic relationships between reported valuation estimates for an environmental good or service and attributes of the study that generated the estimates including valuation methods, human population and sample...
Persistent link: https://www.econbiz.de/10005642328
Choice modelling is increasingly being used to generate estimates of the value of changes in environmental quality. This is partly because of the informational efficiencies of the technique, but also because of concern about the accuracy of contingent valuation. Experimental evidence has,...
Persistent link: https://www.econbiz.de/10008518953
This research employs the first quasi-experimental design within a labor market setting to provide causal evidence on the existence and magnitude of compensating wages for workplace fatality and accident risks. Federal programmed inspections conducted by the Occupational Safety and Health...
Persistent link: https://www.econbiz.de/10010570297
Compensating wages for workplace fatality and accident risks are used to infer the value of a statistical life (VSL), which in turn is used to assess the benefits of human health and safety regulations. The estimation of these wage differentials, however, has been plagued by measurement error...
Persistent link: https://www.econbiz.de/10010859506
In the State of Georgia, agricultural irrigation permits in the Flint River Basin had been routinely granted until a moratorium was placed on permit issuance in 1999. This research exploits this policy change within a hedonic pricing framework to estimate the value of irrigation rights in the...
Persistent link: https://www.econbiz.de/10005190415
Persistent link: https://www.econbiz.de/10009721984
Persistent link: https://www.econbiz.de/10010475593