We analyze the impact of different adaptation strategies on crop net revenues in the Nile Basin of Ethiopia. We estimate a multinomial endogenous switching regression model of climate change adaptation and crop net revenues and implement a counterfactual analysis. Households data are combined...

In contingent valuation, the willingness to pay for hypothetical programs may be affected by the order in which programs are presented to respondents. With inclusive lists, economic theory suggests that sequence effects should be expected. However, when policy makers allocate public budgets to...

We compare cost-of-illness (COI) and willingness-to-pay (WTP) estimates of the damages from minor respiratory symptoms associated with air pollution, using data from a study in Taiwan in 1991-92. A contingent valuation survey was conducted to estimate WTP to avoid minor respiratory illnesses....

This paper considers models of willingness to pay (WTP) based on dichotomous choice contingent valuation survey data and examines the effect of the survey design on tests of goodness of fit. Simulations show that eliciting single binary responses result in tests that have low power in detecting...