In contrast to previous literature, we propose a consistency test that does not impose any particular common functional form for the preference structure underlying the travel cost (TC) and contingent valuation (CV) models. We derive testable consistency conditions between TC and CV data in the...

In contrast to previous literature, we propose a consistency test that does not impose any particular common functional form for the preference structure underlying the travel cost (TC) and contingent valuation (CV) models. We derive testable consistency conditions between TC and CV data in the...

This paper examines the EPA's decision to cancel or continue the registration of cancer-causing pesticides that went through the special review process between 1975 and 1989. Despite claims to the contrary, the authors' analysis indicates that the EPA indeed balanced risks to health and the...