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In the early 1990s the attention of economists was captured by empirical evidence suggesting that rising income levels in developing countries could be good rather than bad for the environment. This evidence drove a stake into the heart of those opposing growth on environmental grounds....
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This paper introduces model specifications that can be used to explain response incentive effects that might occur with discrete response contingent valuation data when follow-up responses are collected. The models allow for possible random response shocks, structural shifts in willingness to...
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