Disagreement among researchers regarding types of optimal choice experiments is often best seen as resulting from differences in the set of assumptions researchers are willing to make about the underlying data generating process. Much of the current debate may have confused, rather than...

The past few years have seen a highly charged debate about whether contingent valuation (CV) surveys can provide valid economic measures of people's values for environmental resources. In an effort to appraise the validity of CV measures of economic value, a distinguished panel of social...

Contingent valuation (CV) has become one of the most widely usednon-market valuation techniques. CV's prominence is due to itsflexibility and ability to estimate total value, includingpassive use value. Its use and the inclusion of passive use valuein benefit-cost analyses and environmental...

A major environmental tragedy of modern times is the widespread arsenic contamination of shallow drinking water wells in rural Bangladesh which went unrecognized for years. Large numbers of people are now starting to show a range of symptoms long associated with chronic arsenic exposure. Rural...

A major environmental tragedy of modern times is the widespread arsenic contamination of shallow drinking water wells in rural Bangladesh which went unrecognized for years. Large numbers of people are now starting to show a range of symptoms long associated with chronic arsenic exposure. Rural...

Almost all fisher models assume time-invariant parameter values of the underlying biological growth function except for an i.i.d. error term. We examine the economic implications of cyclical growth parameters in both single and multi-species models, which are frequently observed in many...