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This paper establishes a new method for eliciting Willingness to Pay (WTP) in contingent valuation (CV) studies with an open-ended elicitation format: the Range-WTP method. In contrast to the traditional approach for eliciting Point-WTP, Range-WTP explicitly allows for preference uncertainty in...
Persistent link: https://www.econbiz.de/10010427242
This paper establishes a new method for eliciting Willingness to Pay (WTP) in contingent valuation (CV) studies with an open-ended elicitation format: the Range-WTP method. In contrast to the traditional approach for eliciting Point-WTP, Range-WTP explicitly allows for preference uncertainty in...
Persistent link: https://www.econbiz.de/10010429788
This paper establishes a new method for eliciting Willingness to Pay (WTP) in contingent valuation (CV) studies with an open-ended elicitation format: the Range-WTP method. In contrast to the traditional approach for eliciting Point-WTP, Range-WTP explicitly allows for preference uncertainty in...
Persistent link: https://www.econbiz.de/10010960599
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This paper assesses the economic benefits of 57 World Bank Group-sponsored hydropower dam plant investments. Hydropower … the world. Hydropower dams are often a lower-cost option for power generation in Clean Energy Transition for addressing … global climate change. Despite its conspicuous aspects, constructing hydropower dams has been controversial. Considering the …
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