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Two versions of a contingent valuation questionnaire that differ only in the device used to communicate risks from hazardous waste were sent to California households. Both risk communication devices provide WTP functions which vary in a statistically significant fashion with the absolute risk...
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I evaluate the potential usefulness of nonmarket valuation concepts and techniques from environmental economics for improving wildlife conservation. The concepts include distinguishing between on-site recreation use value and off-site passive use or ...
Persistent link: https://www.econbiz.de/10008537471
Fiscal equivalence for efficient provision of a public good requires perfect correspondence between political and economic jurisdictions. However, the spatial extent of the economic jurisdiction is an empirical question. Drawing on four survey-based valuation studies, we measure the "relative...
Persistent link: https://www.econbiz.de/10008546278
"This paper illustrates the use of dual/adaptive control methods to compare passive and active adaptive management decisions in the context of an ecosystem with a threshold effect. Using discrete-time dynamic programming techniques, we model optimal phosphorus loadings under both uncertainty...
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The contingent valuation method for valuing public goods is a relatively new method in Vietnam. In developed countries, payments are often requested in money, but the form of payment should be more flexible in developing countries that do not have extensive cash economies. Drawing on historical...
Persistent link: https://www.econbiz.de/10005694592
This paper empirically tested the three conditions identified by McConnell for equivalence of the linear utility difference model and the valuation function approach to dichotomous choice contingent valuation. Using a contingent valuation survey for deer hunting in California, two of the three...
Persistent link: https://www.econbiz.de/10005338239
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