Hausman 'selectively' reviewed the contingent valuation method (CVM) literature in 2012 and failed to find progress in the method during the 18 years since Diamond and Hausman argued that unquantified benefits and costs are preferred to those quantified by CVM. In this manuscript, we provide...

Hausman (2012) “selectively” reviews the CVM literature and fails to find progress over the 18 years since Diamond and Hausman (1994) argued that unquantified benefits and costs are preferred to benefits and costs quantified by CVM for policy analysis. In these comments, we provide...

Desvousges, Mathews, and Train (2016) have provided a comment on our 2013 paper in which we discuss Hausman's (2012) critique of the contingent valuation (CV) method. In their introduction, Desvousges, Mathews, and Train state that they will compare quotes from our paper to “current CV...