Using a multi-site valuation study of groundwater quality, this paper compares the accuracy of alternative methods of transferring values from study sites to policy sites. Transferring benefit functions is more accurate than transfers of average contingent values. Relative accuracy is highly...

Two methods for calibrating discrete choice contingent valuation responses – the dichotomous choice with followup certainty question method of Champ et al. (1997) and the multiple bounded method of Welsh and Poe (1998) – are evaluated using data from a field validity comparison of...

Can hypothetical questions reveal true values? An examination of the laboratory experimental literature examining contingent valuation (CV) lends some support for using open ended hypothetical willingness to pay questions. However, experimental studies examining dichotomous choice have found...

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...

This paper argues that higher property taxes and uncertainty about post-easement tax levels create a disincentive for landowners to participate in federal conservation easement programs such as the Wetland Reserve Program. This hypothesis is supported by exploratory econometric analyses using...