Showing 1 - 10 of 2,535
Using a multi-site valuation study of groundwater quality, this paper compares the accuracy of alternative methods of transferring values from study sites to policy sites. Transferring benefit functions is more accurate than transfers of average contingent values. Relative accuracy is highly...
Persistent link: https://www.econbiz.de/10010921177
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Information, or lack thereof, is an important input in value formation and the distribution of contingent values. Although most conceptualizations of the contingent valuation process stress that information provision should be 'adequate,' very little empirical research has been devoted to...
Persistent link: https://www.econbiz.de/10009653787
In a departure from past contingent valuation research of groundwater quality, this paper estimates a damage function for nitrate exposures based on actual water test results of individual wells. From the perspective of reliability, it is argued that such a full information approach more closely...
Persistent link: https://www.econbiz.de/10005513831
To date, much of the policy and research debate on contingent valuation mode effects has relied on experiences drawn from other research disciplines. This study provides the first contingent valuation phone-mail comparison that meets current standards for response rates, draws from a general...
Persistent link: https://www.econbiz.de/10005513834
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Public referenda are frequently used to determine the provision of public goods. As public programs have distributional consequences, a compelling question is what role if any social preferences have on voting behavior. This paper explores this issue using laboratory experiments wherein voting...
Persistent link: https://www.econbiz.de/10004979531
In 1996 Johannesson et al. published a paper in this journal entitled “The Value of Private Safety versus the Value of Public Safety.” Based on preliminary evidence from a hypothetical contingent valuation study, these authors argue that consumers behave as “pure altruists” and reject...
Persistent link: https://www.econbiz.de/10004979534
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In this working paper we demonstrate that some of the statistical tests used by Huang and Smith in a recent Land Economics article (74(2 1998): 186-202) were erroneous, and raise concerns about their corresponding conclusions. Specifically, using data from one of the studies that they showcase,...
Persistent link: https://www.econbiz.de/10010882461