Environmental Economics
The cromulent economics blog
recent posts
Category: Contingent valuation
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From the Miscellany Section of Economic Inquiry: We collect contingent valuation data from 524 student survey respondents over a 3-day, 72-hour period. Data analysis of a hypothetical campus referendum focuses on time-of-day effects on willingness to pay for a renewable energy project. We find that subjects responding to the survey during the night-time hours (i.e.,…
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In the mail yesterday–get yours today (it will help our publisher recoup our whopping advance):
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Daniel M. Haybron (an associate professor of philosophy at St. Louis University): What does it mean to be happy? The answer to this question once seemed obvious to me. To be happy is to be satisfied with your life. If you want to find out how happy someone is, you ask him a question like,…
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From a former PhD student of our department (who graduated last May): …60 undergrads at Penn State have now read your recent article (assuming they listen to my instructions) on CV analysis and critiquing Hausman. I had several classes on non-market values and used it to motivate CV analysis and its use in valuation. For…
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In response to the letter I sent to my two in-state Senators from the Great State of Ohio, regarding the use of contingent valuation by the National Park Service and Senator Vitter's letter use of Hausman's 'Dubious' critique to argue against,in which I wrote: I have recently read Senator Vitter's letter to the National Park…
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I've never chosen to write to a Senator, or Congressperson…until this morning. Here is my letter (highly paraphrasing John's letter–of course, my letter is wordier) to the Senate Environment and Public Works Committee. I have recently read Senator Vitter's letter to the National Park Service dismissive of the use of survey methods (the contingent valuation…
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From Hensher, Shore and Train (2014) [emphasis added]: Wang et al. [12] investigated the determinants of public willingness to accept tiered electricity pricing (TEP) and use the findings to identify the acceptable range of a rate premium. A questionnaire survey in four urban cities of China was undertaken to identify the drivers and barriers to the…
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