A Comment On “Three Reasons To Use Annual Payments In Contingent Valuation”
- ASU Author/Contributor (non-ASU co-authors, if there are any, appear on document)
- John Whitehead Ph.D., Professor & Department Chair (Creator)
- Institution
- Appalachian State University (ASU )
- Web Site: https://library.appstate.edu/
Abstract: Egan, Corrigan and Dwyer (2015) conduct a survey of Ohio residents and collect contingent valuation method data for a wetlands restoration project. The CVM scenario includes a split sample treatment where payment schedules differ. My analysis of these data suggests that there is little evidence of theoretical validity in the data and “fat tails” is a significant problem.
A Comment On “Three Reasons To Use Annual Payments In Contingent Valuation”
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Created on 9/19/2018
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Additional Information
- Publication
- Whitehead, J. C. (2018). "A comment on “Three reasons to use annual payments in contingent valuation”." Journal of Environmental Economics and Management 88: 486-488. https://doi.org/10.1016/j.jeem.2016.09.004. Publisher version of record available at: https://www.sciencedirect.com/science/article/pii/S0095069616302911
- Language: English
- Date: 2018
- Keywords
- contingent valuation method data, Ohio, wetlands, wetlands restoration