Category: Contingent valuation

  • From Edward Elgar: Handbook of Choice Modelling (2014) Edited by Stephane Hess, University of Leeds, UK and Andrew Daly, University of Leeds, UK and RAND Europe In Chapter 1 Hess and Daly mention the Carson and Czajkowski chapter titled "The discrete choice experiment approach to environmental contingent valuation": Carson and Czajkowski next look at the…

  • Exactly one week after the CVM article estimating BP damages appears in Science this book critical of the CVM is being published: Contingent Valuation of Environmental Goods: A Comprehensive Critique Edited by Daniel McFadden and Kenneth Train Contingent valuation is a survey-based procedure that attempts to estimate how much households are willing to pay for specific programs…

  • Arrow's major influence on my research, other than all of the background welfare stuff that I am too ignorant to understand how to fully make the connection, was as chair of the NOAA Panel on Contingent Valuation. Paul Portney (1994) describes it like this (emphasis added): Environmentalists insisted that the NOAA rules embrace lost existence…

  • IAGRI Workshop Announcement Introduction to Valuation Methods and Willingness to Pay Dates: October 12-13, 2016 Location: iAGRI building, Sokoine University of Agriculture campus Presenter: Dr. Tim Haab, Professor and Chair, Department of Agricultural, Environmental and Development Economics, Ohio State University, Columbus, Ohio USA Abstract: Understanding of the values that people place on goods and services…

  • Michael Greenstone in the NY Times: Respondents were asked if they would support a fee on their monthly electricity bill to combat climate change, and they were offered fees at various levels: $1, $10, $20, $30, $40 and $50. (Each household was asked about only one of these levels.) The responses were that 57 percent…

  • Most read articles from Applied Economics Policy and Perspectives in February, 2016:  Jonas Kathage, Menale Kassie, Bekele Shiferaw, and Matin Qaim "Big Constraints or Small Returns? Explaining Nonadoption of Hybrid Maize in Tanzania" Appl. Econ. Perspect. Pol. (2016) 38 (1): 113–131 first published online April 7, 2015 doi:10.1093/aepp/ppv009 Harry de Gorter and David R. Just…

  • Zuh? Paul Glimcher and Michael A. Livermore in the NY Times: THE United States government recently announced an $18.7 billion settlement of claims against the oil giant BP in connection with the Deepwater Horizon oil rig explosion in April 2010, which dumped millions of barrels of oil into the Gulf of Mexico. Though some of the…

  • Is now available at the new journal Data in Brief (DIB): Data Article Albemarle–Pamlico Sounds revealed and stated preference data John C. Whitehead doi:10.1016/j.dib.2015.01.006 Under a Creative Commons license // <![CDATA[ // &lt;![CDATA[ // &amp;lt;![CDATA[ // &amp;amp;lt;![CDATA[ // &amp;amp;amp;lt;![CDATA[ // &amp;amp;amp;amp;lt;![CDATA[ prs.rt(&amp;amp;amp;amp;amp;amp;quot;abs_1st_beg&amp;amp;amp;amp;amp;amp;quot;); // ]]&amp;amp;amp;amp;gt; // ]]&amp;amp;amp;gt; // ]]&amp;amp;gt; // ]]&amp;gt; // ]]&gt; // ]]> Abstract…

  • I conducted a hypothetical Vickrey Auction for a coffee mug using Poll Everywhere in class yesterday. Here are some of the better bids:   My beat up 96 Volvo with 465k miles3 fabroje eggs and the dutchess of Cornwall3 unicorns and a milking goatOne sherpa, Ok fine. Two sherpas, Five goats.One hundred million dollars!!A half…