Marsh, Dan; Mkwara, Lena; Scarpa, Riccardo - Department of Economics, Waikato Management School - 2010
In environmental valuation studies with stated preference methods, researchers often provide descriptions of status quo … the status quo displayed stronger preferences for water quality improvements - hence a higher marginal willingness to pay … - than their counterparts. Respondents who opted for their own status quo description displayed a higher inclination to …