Oil spills and other anthropogenic environmental disasters have economic consequences that transcend losses of business revenue and property damages. Such non-market losses include those accrued by recreational users, as well as by individuals who hold passive use value for the affected...

Hausman (2012) “selectively” reviews the CVM literature and fails to find progress over the 18 years since Diamond and Hausman (1994) argued that unquantified benefits and costs are preferred to benefits and costs quantified by CVM for policy analysis. In these comments, we provide...

In traditional contingent valuation, the researcher seeks the amount a respondent is willing, ceteris paribus, to pay to obtain something. But if a respondent receives a “warm glow†from a yes response, ceteris is not paribus. In estimating willingness to pay (WTP) to reduce...

In this paper we present results from an opinion survey of Association of Environmental and Resource Economists members concerning issues ranging from basic market failure propositions to current policy questions to environmental behavior. The topical issues considered span the discipline...

Marine Recreational Fishing Statistics Survey (MRFSS) economic add-on data has been collected since 1994. The data are comprised of two geographically identical datasets for the Southeast region (1997, 2000), five identical datasets for the Northeast region (1994, 1996, 1997, 1999, 2000), and...

A number of studies have defined and tested the temporal sensitivity of willingness to pay to payment schemes and the resulting implied discount rates for environmental projects. We demonstrate that those studies have imposed restrictive assumptions on the structure of the willingness to pay...