A dichotomous-choice contingent-valuation survey was conducted in the State of Mississippi (USA) to estimate willingness to pay (WTP) for three restoration options being considered for the state’s barrier islands. Random-effects probit models were estimated, and parametric and non-parametric...

We believe that Gowdy et al. (2010), in their recent essay in Conservation Biology, do a disservice to the cause of increased understanding between economists and conservation professionals. They give the impression that economists and the economic theory and models they use are much more naive...