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Some findings from further exploration of the “composite good” approach to contingent valuation
In this chapter, we report on some components of a larger study addressing “budget awareness” considerations in contingent valuation (“CVM”)
studies. The study explored general population willingness to pay
(“WTP”) for ...
Response to cost prompts in stated preference valuation of environmental goods
The stated preference discrete choice experiment, also known as conjoint analysis, is now a standard method for estimating non-use values
of natural resources from respondents’ answers to survey questions.3 A
choice ...