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Agricultural land provides a variety of " nonmarket" services to the Commonwealth, including wildlife habitat, scenic vistas, and recreation . This study utilizes an iterative bidding game to estimate willingness-to-pay of residents of three central Massachusetts counties to preserve state...
Persistent link: https://www.econbiz.de/10010915435
Protest bids are often excluded during analysis of contingent valuation method data. It is suggested that this procedure might introduce significant bias. Protest bids are often registered by respondents who may actually place a higher- or lower-than-average value on the commodity in question...
Persistent link: https://www.econbiz.de/10005338255
A variety of questioning formats have been used in contingent-valuation studies, with dichotomous-choice questions becoming the preferred format. However, as with any empirical technique, continued applications raise questions that require attention if the credibility of the procedure is to be...
Persistent link: https://www.econbiz.de/10005536076
Contingent valuation is used to measure the benefits of a proposed public program to control black flies. Respondents' reported values are analyzed from three perspectives: data outliners, consistency between respondents' reported values and their perceptions of black flies, and the temporal...
Persistent link: https://www.econbiz.de/10005806607