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Nicholas E. Flores
Researcher at University of Colorado Boulder
Publications - 48
Citations - 3650
Nicholas E. Flores is an academic researcher from University of Colorado Boulder. The author has contributed to research in topics: Public good & Valuation (finance). The author has an hindex of 23, co-authored 48 publications receiving 3389 citations. Previous affiliations of Nicholas E. Flores include National Center for Earth-surface Dynamics & University of California, San Diego.
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Contingent Valuation: Controversies and Evidence
TL;DR: Contingent valuation (CV) has become one of the most widely used non-market valuation techniques and the validity of passive use value has been discussed in this article, which can provide useful guidance both to CV practitioners and the users of CV results.
Posted ContentDOI
Contingent Valuation and Revealed Preference Methodologies: Comparing the Estimates for Quasi-Public Goods
TL;DR: In this paper, a literature search provides 83 studies from which 616 comparisons of contingent valuation (CV) to revealed preference (RP) estimates are made, and summary statistics of the CV/RP ratios are provided for the complete dataset, a 5 percent trimmed dataset, and a weighted dataset that gives equal weight to each study rather than each CV-RP comparison.
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The Relationship between the Income Elasticities of Demand and Willingness to Pay
TL;DR: In this article, the relationship between income and willingness to pay for collectively provided public/environmental goods is investigated, and the authors show that while the income elasticity of willingness-to-pay and the ordinary income-elasticity of demand are related, knowledge of one is insufficient to determine the magnitude or even the sign of the other.
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Insights Into Wildfire Mitigation Decisions Among Wildland-Urban Interface Residents
TL;DR: This paper conducted interviews with homeowners in five Colorado wildland-urban interface communities and found that homeowners face difficult decisions regarding the reduction of wildfire risk, rather than seeing risk reduction as straightforward, homeowners appear to be involved in a complex decision-making process with social considerations.
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Market Failure in Information: The National Flood Insurance Program
James Chivers,Nicholas E. Flores +1 more
TL;DR: This paper found significant evidence of market failure in information in the National Flood Insurance Program (NFIP) and found that the majority of survey respondents did not fully understand the degree of flood risk or the cost of insuring against this risk when negotiating the purchase of their property.