This study provides the first contingent valuation phone-mail comparison that meets current standards for response rates, draws from a general population, is relevant to the valuation of general environmental goods, and allows comparisons with actual participation rates. Social desirability...

I compare the price elasticity of economic and political preferences. My central hypothesis is that willingness to pay, whether expressed verbally or through cash transactions, is more price-elastic for economic consumption goods than for public goods. I ...

Ecotourism presents developing countries with growing opportunities for enhancing resource conservation and economic growth, but also raises pressing management and policy challenges. This paper presents a conceptual framework and empirical analysis of the impacts of introducing a differential...

This paper examines how auctions for ecosystem services introduce adverse selection, limiting cost-effectiveness. Induced-value experiments test theory and examine the extent of adverse selection in these markets. In comparison to the baseline of either doing nothing or the optimality of an...

This research uses economic experiments to examine the effectiveness of reverse auction institutions in an endogenous dynamic entry setting. Induced values are used to compare behavior in dynamic and static auction structures. Past research on this topic has understudied dynamic elements such as...