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Journal ArticleDOI

Contingent valuation techniques for assessing environmental impacts: Further evidence

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TLDR
In this article, the authors provide further evidence on the development and application of the iterative bidding technique used to assess environmental impacts, and examine theoretically and empirically the effect of the survey technique, the questionnaire information structure, and the bidding procedure starting point.
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This article is published in Journal of Environmental Economics and Management.The article was published on 1981-03-01. It has received 193 citations till now. The article focuses on the topics: Contingent valuation & Bidding.

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Contemporary Guidance for Stated Preference Studies

TL;DR: In this paper, the authors present a set of guidelines for stated preference studies that are more comprehensive than those of the original National Oceanic and Atmospheric Administration (NOAA) Blue Ribbon Panel on contingent valuation, and reflect the two decades of research since that time.
Journal ArticleDOI

Efficient Estimation Methods for "Closed-Ended" Contingent Valuation Surveys

TL;DR: In this paper, the authors developed a maximum likelihood procedure which exploits the variation in the threshold values to allow direct and separate point estimates of regression-like slope coefficients and error standard deviations (without truncation bias).
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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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A satisfactory benefit cost indicator from contingent valuation

TL;DR: This article used standard economic concepts to develop a model of individual behavior when subject to the constraints of the contingent valuation choice context, which yields refutable consequences consistent with previously reported empirical findings, including some that have been thought to be anomalous.
Journal ArticleDOI

Willingness to pay: a valid and reliable measure of health state preference?

TL;DR: Large variation in WTP responses may compromise this measure's discriminant validity, but there is some evidence of convergent validity for WTP with preferences measured by standard gamble, and the test-retest reliability of WTP is comparable to those of other preference measures.
References
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Journal ArticleDOI

The Pure Theory of Public Expenditure

TL;DR: In this paper, the authors propose a method to use the information of the user's interaction with the service provider in order to improve the quality of the service provided to the user.
Posted Content

Consumer's Surplus Without Apology

TL;DR: In this article, it was shown that consumer's surplus can be used to estimate the unobservable compensating and equivalent variations, the correct theoretical measures of the welfare impact of changes in prices and income on an individual.
Journal ArticleDOI

Bidding games for valuation of aesthetic environmental improvements

TL;DR: In this article, an empirical case study of the benefits of abatement of aesthetic environmental damage associated with the Four Corners power plant and Navajo mine using the bidding game technique is presented.
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Estimating demand for public goods: An experiment

TL;DR: In this paper, the authors describe a test involving five different approaches to estimating the demand for a public good in a setting which permitted a real collective choice and in which each subject was committed to actual payments when relevant.
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