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...

This paper utilizes laboratory and field experiments to test the use of a provision point mechanism to finance renewable energy programs, commonly known as green pricing programs. The mechanism solicits discrete contributions towards a provision threshold using a money-back guarantee for...

This paper argues that higher property taxes and uncertainty about post-easement tax levels create a disincentive for landowners to participate in federal conservation easement programs such as the Wetland Reserve Program. This hypothesis is supported by exploratory econometric analyses using...

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...

Niagara Mohawk Power Corporation utilized a demand revealing public good mechanism to implement a green electricity program for provision of renewable energy and planting trees. This GreenChoiceTM program provided an opportunity to test the reliability of contingent valuation for predicting...

We use the non-tidal Passaic River Watershed as a case study to investigate the size of potential cost savings associated with allowing phosphorus emissions trading amongst Waste Water Treatment Plants (WWTP) to achieve a significant reduction in ambient phosphorus levels. To measure the cost...