Showing 1 - 10 of 22
This paper presents the findings of research intended to investigate the nature of expressed preferences for reducing air pollution impacts. Specifically a contingent valuation (CV) experiment is designed to elicit individuals' values for reducing these impacts and examine how these may change...
Persistent link: https://www.econbiz.de/10010319019
The application of the contingent valuation method to environmental resources has been criticised on the grounds that individuals' responses are thought to be motivated by considerations not strictly relevant to economic valuation, thus leading to observed anomalies such as scope insensitivity....
Persistent link: https://www.econbiz.de/10010319031
While a dominated choice involves a situation in which one option clearly dominates another on all relevant dimensions, an asymmetrically dominated choice typically involves more than two options in which at least two options do not dominate each other but one (but not both) of those options...
Persistent link: https://www.econbiz.de/10010319058
Persistent link: https://www.econbiz.de/10011637193
In this paper we summarize the theoretical arguments of Carson and Groves, et al., and assemble early empirical evidence that comports with this theoretical framework. In doing so, we argue that redefining criterion validity in terms of consequentiality offers the potential for a fundamental...
Persistent link: https://www.econbiz.de/10011259693
Past research suggests that contingent valuation overstates demand for public goods. These estimates of hypothetical bias are probably invalid since they rely on voluntary contributions mechanisms which fail to reveal demand. An improved mechanism is shown to reveal aggregate demand in...
Persistent link: https://www.econbiz.de/10005801769
The regulation of nonpoint source water pollution from agriculture is a complex problem characterized by a multiplicity of polluters, informational asymmetries, complex fate and transport processes, and stochastic environmental factors. Taken together, these characteristics make regulatory...
Persistent link: https://www.econbiz.de/10009446236
Persistent link: https://www.econbiz.de/10014342004
This paper presents an experimental investigation of the three ambient-based mechanisms proposed by Segerson [J. Environ. Econom. Management 15, 87-98 (1988)] for controlling emissions from a group of nonpoint source polluters: a marginal tax/subsidy, a fixed penalty, and a mechanism that...
Persistent link: https://www.econbiz.de/10010921279
This paper utilizes field and laboratory experiments to test the use of a provision point mechanism to finance renewable energy programs, commonly known as green pricing programs. In contrast to most green pricing programs, relatively high participation is found in the field, while laboratory...
Persistent link: https://www.econbiz.de/10010921359