Bateman, Ian J.; Burgess, Diane; Hutchinson, W. George; … - In: Journal of Environmental Economics and Management 55 (2008) 2, pp. 127-141
We extend the contingent valuation (CV) method to test three differing conceptions of individuals' preferences as either (i) a-priori well-formed or readily divined and revealed through a single dichotomous choice question (as per the NOAA CV guidelines [K. Arrow, R. Solow, P.R. Portney, E.E....