Hypothetical bias arises when values which people say they place on a good or service differ systematicallyfrom the values people reveal for the same good or service through actual, binding economictransactions. Studies of hypothetical bias with respect to public goods often use charitable...

Despite considerable interest in the potential for forests to sequester carbon, the impact of carbon management on the provision of timber and non-timber resources has received relatively little attention in the literature. The introduction of value for stored carbon may result in modifications...

The travel cost model is the standard model used in the recreation demand literature. This model assumes that the decision on the number of trips to a particular site in a given period (a season, for example) is determined at the beginning of the period. For certain types of recreation activity,...

This study examines the ability of revealed preference (RP), site-specific stated preference (SP), transferred SP, and various joint RP-SP models to predict aggregate and individual recreation site choice behavior in a holdout sample. For two statistical comparisons, the site-specific RP model...

Current non-market valuation techniques have been developed based on assumptions about values held within the Eurocentred culture. Contentions between cultures over natural resources are hypothesized to occur because of differences in held values resulting in different values being assigned to...