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Persistent link: https://www.econbiz.de/10012313274
Contingent valuation (CV) surveys frequently employ elicitation procedures that return interval-censored data on respondents' willingness to pay (WTP). Almost exclusively, CV practitioners have applied Turnbull's self-consistent algorithm to such data in order to obtain nonparametric maximum...
Persistent link: https://www.econbiz.de/10010319020
Over the past few decades the problem of eutrophication of water bodies has accelerated due to large additions of nutrients from human sources. This paper conducts a contingent valuation of household willingness to pay to reduce eutrophication impacts. The application employs the recently...
Persistent link: https://www.econbiz.de/10010319063
Contingent valuation (CV) surveys frequently employ elicitation procedures that return interval-censored data on respondents’ willingness to pay (WTP). Almost without exception, CV practitioners have applied Turnbull’s self-consistent algorithm to such data in order to obtain nonparametric...
Persistent link: https://www.econbiz.de/10005722155