Shogren, Jason F. - In: Handbook of environmental economics : volume 2, Valuing …, (pp. 969-1027). 2005
environmental valuation. Economic experiments, in the lab or field, are an attractive tool to address intricate incentive and … contexts matter to valuation. Herein we consider three themes in applying the experimental method to valuation rational choice … application. First, experimental tests of rational valuation are discussed. This lab work examines whether respondents make …