Laplante, Benoît (contributor) - 2004
valuation survey was conducted in Yerevan, Armenia to estimate people's WTP for the protection of Lake Sevan. Three elicitation …"This paper presents a case study of willingness-to-pay (WTP) estimation using random valuation models. A contingent … estimation of the mean WTP than both the open-ended and closed-ended approaches, while results from the open-ended and closed …