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Using data from two Choice Experiment environmental valuation surveys we investigate several different ways of handling respondent uncertainty. In both surveys respondents are asked to state their certainty of choice after each single choice set. We evaluate three different recoding-of-answers...
Persistent link: https://www.econbiz.de/10011367211
This report summarizes the main results from a choice experiment survey addressing peoples’ willingness to pay (WTP) for improvements in surface water quality as well as groundwater quality. A particular novel focus is on estimating the extent to which WTP is impacted by the time lags and...
Persistent link: https://www.econbiz.de/10012306405
Cost-benefit analyses are commonly applied to assess the net welfare effects of policies to improve surface water quality. These analyses often disregard the biophysical fact that from implementation of policy measures to resulting improvements on water quality there will typically be...
Persistent link: https://www.econbiz.de/10012422194