Environmental Economics
The cromulent economics blog
recent posts
Category: Contingent valuation
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It was the same paper. I was excited to boast that I might be the only person who has ever presented the same paper in the same year in the 49th and 50th states. As it turns out, I wasn't the only one who has ever done that. Another person presented the same paper at…
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The second edition of the Encyclopedia of Energy, Natural Resource, and Environmental Economics is in the works. Me and Tim have revised our entry on the Contingent Valuation Method. Other than annoying required format changes from the first to the second editions (e.g., adding references), we didn't do much. But there is one substantive change…
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Feel free to promote far and wide. Intended for a non-expert audience (my goal is to get a spot in the sequel to this blockbuster). If you don't like QR codes, you can register here.
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Feel free to promote far and wide. Intended for a non-expert audience (my goal is to get a spot in the sequel to this blockbuster). If you don't like QR codes, you can register here.
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I first wrote about this in September 2016. I then submitted the comment to Land Economics. The editor sent me the results of an internal review and I revised it accordingly. Then he sent it out for external review and it received a favorable review in February 2017. But, the referee took issue with the…
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Bamford et al. (2019), in the context of estimating the value of a statistical life (VSL), say (emphasis added): Concerns regarding responsiveness to scope in CV studies are not novel; indeed, instances of scope insensitivity are widespread within the literature (Ojea and Loureiro, 2011). However, investigations into the causes of such problems remain an active…
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Willingness Toupee David M. McEvoy, O. Ashton Morgan and John C, Whitehead No 19-01, Working Papers from Department of Economics, Appalachian State University Abstract: In this paper we tackle the hairy problem of male pattern baldness. We survey balding men and elicit their willingness to pay to move from their current sad situation to a…
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Here is a link from 2017 with some background: BP has funded a book critical of the CVM. In that post I boasted that my review would be forthcoming in 2018. That boast was a commitment mechanism. I don't know if it would have worked unless Marit Kragt had not invited me to review the book…
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From the inbox: Thank you! Your proof corrections for AJAR – AUSTRALIAN JOURNAL OF AGRICULTURAL AND RESOURCE ECONOMICS : 12280 : Contingent Valuation of Environmental Goods: A Comprehensive Critique, by Daniel McFadden and Kenneth Train (Eds.). Published by Edward Elgar Publishing, 2017, 319 pages, ISBN: 978-1-78643-468-5, AU$210 have been received.
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Valuing Hemlock Woolly Adelgid Control in Public Forests: Scope Effects with Attribute Non-AttendanceChris Giguere, Chris Moore and John C. Whitehead No 18-07, Working Papers from Department of Economics, Appalachian State University Abstract: Sensitivity to the scope of public good provision is an important indication of validity for the contingent valuation method. An online survey was…
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