Introduction / Daniel McFadden and Kenneth Train -- 1. Response to cost prompts in stated preference valuation of environmental goods / Jim Burrows, Powell Dixon, and Hiu Man Chan -- 2. Fat tails and truncated bids in contingent valuation : an application to an endangered shorebird species /...

A key feature of many regulatory reviews is determination of the amount of expenditure that should be reflected in the revenue requirement for a service provider. An increasingly important driver in determining the appropriate level of this expenditure is the desired level of service quality and...