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Construct validity is concerned with the consistency of empirical measures with theoretical relationships. This paper reviews and extends the theoretical relationship between averting costs and willingness to pay. Measures of these two theoretical constructs with empirical averting costs savings...
Persistent link: https://www.econbiz.de/10008537482
Social desirability (SD) represents the problem of subjects responding with social norms rather than individual values. This paper briefly surveys the SD literature and considers its relevance for contingent valuation (CV) studies. In an empirical study, undergraduate students were administered...
Persistent link: https://www.econbiz.de/10005320575
Recently, several problems with elicited utility functions have emerged. This paper concerns a fundamental problem in risk preference classification with elicited data. For the sample in this research, different functional forms resulted in reversals in preference classifications. This paper...
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Georgia peanut farmers have adopted Integrated pest management (lPM) on only a limited basis, although objective data indicate that IPM technology may be more efficient than conventional pest control strategies Users and nonusers of IPM hold different views pertaining to the consequences of...
Persistent link: https://www.econbiz.de/10010919569
This article considers the political, economic, and environmental factors associated with the allocation of federal LISA (Low Input/Sustainable Agriculture) funds among states. A tobit model is estimated with LISA allocations as the dependent variable. Results indicate that pressure groups are...
Persistent link: https://www.econbiz.de/10005220357
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Rotations have historically been used to alleviate pest problems in crop production. This paper considers methods of modeling rotations in linear programming models for Southeastern vegetable production. In such models, entering each possible crop rotation as a separate activity can be...
Persistent link: https://www.econbiz.de/10005320098