Johansson, Per-Olov - In: Environmental & Resource Economics 8 (1996) 2, pp. 247-254
Many contingent valuation experiments use commodity prices as the payment vehicle. In this note it is shown, in general … shown how the valuation question can be formulated so as to yield a commodity price payment vehicle which is equivalent to a … lump sum payment. Copyright Kluwer Academic Publishers 1996 …