Desaigues, Brigitte - In: Swiss Journal of Economics and Statistics (SJES) 137 (2001) I, pp. 35-47
Contingent valuation is based on the hypothesis that people are able to estimate an improvement of their well-being in terms of income reduction and that the value they give can be assimilated to a price. To test this assumption we ran 73 in-depth interviews with persons suffering from air...