Contingent Valuation and Social Choice

作者: Daniel McFadden

DOI: 10.2307/1243732

关键词:

摘要: The contingent valuation method for estimating the existence value of natural resources is examined psychophysical robustness, statistical reliability, and economic sensibility. Extensions standard models willingness‐to‐pay, suitable econometric techniques analyzing these models, are developed. analysis applied to a series experiments on preserving wilderness areas in western United States. results call into question reliability CV values.

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