In this paper we develop an econometric model of willingness to pay that integrates data on respondent uncertainty regarding their own willingness to pay. The integration is utility consistent and does not involve calibrating the contingent responses to actual payment data, and so the approach...

This paper compares three approaches to using attitudinal data to describe heterogeneous preferences for non-market goods. Two latent class models and one random parameter logit model are included. Each model makes different assumptions about the role of attitudes in the decision process....

This paper reports on an investigation of hypothetical bias and approaches to identifying and mitigating the bias. The split sample design includes an actual donation treatment, a contingent donation treatment with a follow-up certainty question and a contingent donation treatment with cheap...

In Georgia, the price of irrigation water is equal to the cost of extraction, including pumping and diversion, storage, treatment, and delivery costs. These water-pricing conditions are repeated in locales around the world. In lieu of established water markets, water use and its efficient use...

This article presents an empirical approach to correcting for spatial interactions in stated preference data when valuing large-scale, spatially variable environmental improvements. This approach is presented in the context of a contingent valuation study estimating the benefits of reduced...

Despite declines in US smoking rates tobacco remains among the leading causes of preventable deaths in the US and is directly linked to chronic and mortal diseases including cancers and heart disease. With a focus on youth smoking behaviors, this paper considers contributory influences for two...

A theoretical model is developed addressing habit formation and time-inconsistent preferences in consumption of unhealthy foods. In particular, the effects of counseling in altering the consumption satiation point and lowering individual discount rates are investigated. The model highlights the...