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Amenities influence individual location decisions and affect overall social well being. This comparative study focuses on the potential complementarity of implicit and contingent market approaches to valuing amenities. Lakeshore residents in Chicago were surveyed to collect data to estimate...
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"This study examines how smoke-free laws influence turnover among restaurant workers. The study uses a unique data set of payroll records of a franchisee of a national full-service restaurant chain operating 23 restaurants in the state of Arizona, a state where several communities have adopted...
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Government funding of the arts has received considerable attention in the United States in recent years. Efforts to cut funding to the National Endowment for the Arts and declining budgets for state arts agencies have raised questions about how much individuals value the arts. This paper applies...
Persistent link: https://www.econbiz.de/10005808721
In this note we conduct construct validity tests for dichotomous choice (DC) and polychotomous choice (PC) contingent valuation questions. Contrary to previous results, we find that DC and PC estimates of willingness to pay are theoretically valid, convergent valid, and similar in terms of...
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