Environmental Economics
The cromulent economics blog
recent posts
Category: Contingent valuation
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R. J. Rhodes, J. C. Whitehead, T. I. J. Smith and M. R. Denson https://doi.org/10.1017/bca.2018.1 Published online: 11 May 2018 Abstract: Recreational saltwater anglers from the mid-Atlantic through the Gulf of Mexico commonly target red drum. Due to concerns about overharvesting within South Carolina coupled with regional management actions, South Carolina explored the technical feasibility of…
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From the inbox: Your article Estimating the Value of Medal Success in the Olympic Games has now been published in Journal of Sports Economics Volume 19 Issue 3, April 2018 and can be viewed at doi.org/10.1177/1527002515626221 Here is the abstract: We estimate Canadians’ willingness to pay (WTP) for medals won by Team Canada in the 2010 Winter Olympic Games using…
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Environmental valuation surveys don't provide useful information. — John C. Whitehead (@johnwhitehead81) March 6, 2018 https://platform.twitter.com/widgets.js
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Whitehead, John, O. Morgan, and William Huth. "Convergent validity of stated preference methods to estimate willingness-to-pay for seafood traceability: The case of Gulf of Mexico oysters." Economics Bulletin 38, no. 1 (2018): 326-335. Abstract: In this study we compare willingness to pay for a seafood traceability system from contingent behavior demand and contingent valuation referendum vote models…
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From TheHill's Overnight Energy email (March 1): Exxon pushed back in a report released Thursday against claims from a study last year on its public statements on climate change. The August study from two Harvard University — one of whom, Naomi Oreskes, is an outspoken Exxon critic — used content analysis on decades of Exxon advertisements and statements…
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Suppose you have a 3 x 3 experimental design in a stated preference survey with cost $100, $250, and $500 and benefit is 25%, 50% and 75% improvement (in quality or quantity) variables. You ask more than one choice question. SurveyMonkey spits out the data with a number code which you assume is ordinal. For…
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In case you missed it over the holiday break: The Trump administration is poised to roll back offshore drilling safety regulations that were put in place after the 2010 Deepwater Horizon oil rig disaster in the Gulf of Mexico that killed 11 people and caused the worst oil spill in American history. A proposal by…
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A cool new paper is the first (?) to use a discrete choice experiment in the AER: Mas, Alexandre, and Amanda Pallais. 2017. "Valuing Alternative Work Arrangements." American Economic Review, 107(12): 3722-59. Abstract: We employ a discrete choice experiment in the employment process for a national call center to estimate the willingness to pay distribution for…
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Hey fisheries/econ people, is contingent valuation really on the way out? What's replacing it? — Michael C. Russell (@ProfRussellCIE) October 20, 2017 //platform.twitter.com/widgets.js I'd be interested how @johnwhitehead81 and @tim_env_econ would answer this question. — Ngaio Hotte (@nhotte) October 21, 2017 //platform.twitter.com/widgets.js I went on a rant (the kids call it a "tweet storm") and…
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From the inbox: The new issue of Econ Journal Watch is online at http://econjwatch.org. In this issue: Who Knows What Willingness to Pay Lurks in the Hearts of Men? John Whitehead argues that certain authors claim to know, based on their survey data, more than they do about people’s willingness to pay for a wetlands project. The article continues an exchange from…
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