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)
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.

Additional Information

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
contingent valuation method data, Ohio, wetlands, wetlands restoration

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