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The main objective of this paper is to provide additional empirical evidence of what explains respondent uncertainty in contingent valuation (CV) and how this in turn affects stated willingness to pay (WTP). Air travelers asked to pay a carbon travel tax to offset carbon emissions from flying...
Persistent link: https://www.econbiz.de/10005336824
In this paper, the results of empirical studies that applied two widely used methods - numerical certainty scale (NCS) and polychotmous choice (PC) - for estimating preference uncertainty adjusted willingness to pay (WTP) in contingent valuation (CV), are summarized. For this review, a number of...
Persistent link: https://www.econbiz.de/10005206534
Vulnerability and resilience lie at the core of the new paradigm governing natural disaster risk management frameworks. However, empirical understandings of socio-economic resilience and its links with poverty and vulnerability are limited. This paper presents an empirical investigation of...
Persistent link: https://www.econbiz.de/10010719078