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Irrigation underpins approximately one-third of the value of Queensland’s agricultural production. There are calls for further development of water infrastructure in northern Queensland to enhance the production of sugar cane, horticulture, aquaculture and other crops. One of the steps in...
Persistent link: https://www.econbiz.de/10010917819
The willingness to pay (WTP)/willingness to accept (WTA) disparity raises serious questions about preference elicitation techniques based on the Hicksian model of decision-making. In this paper we investigate the possibility of incorporating the strategies suggested by Plott and Zeiler (2005) in...
Persistent link: https://www.econbiz.de/10005468652