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Persistent link: https://www.econbiz.de/10001634415
This paper has four purposes. First, we outline the controversy surroundingthe issue of negative willingness to pay (WTP)in contingent valuation (CV) studies. Second,we use Monte Carlo simulation to examine theperformance of alternative distributionalassumptions in estimating WTP in the...
Persistent link: https://www.econbiz.de/10005722038