Contingent valuation of environmental goods : : a comprehensive critique / / edited by Daniel McFadden, Kenneth Train.

• Author: Edward Elgar Publishing.; Daniel McFadden
• TeilnehmendeR: McFadden, Daniel ,; Train, Kenneth ,; Edward Elgar Publishing.
• Year of Publication: 2017
• Language: English
• Physical Description: 1 online resource (336 pages) :; illustrations
• Notes: Includes index.; Contributors include: J. Burrows, H.M. Chan, L. Daniel, W. Desvousges, P. Dixon, H.Foster, J. Genser, B. Israel, M. Kemp, E. Leamer, J. Lustig, D. McFadden, D. MacNair, J. Martin, K. Mathews, K. Myers, R. Newman, G. Parsons, J. Plewes, J. Schneider, K. Smith Fayne, T. Tomasi, K. Train.

Contingent valuation is a survey-based procedure that attempts to estimate how much households are willing to pay for specific programs that improve the environment or prevent environmental degradation. For decades, the method has been the center of debate regarding its reliability: does it really m...

Table of Contents

• Introduction / Daniel McFadden and Kenneth Train
• 1. Response to cost prompts in stated preference valuation of environmental goods / Jim Burrows, Powell Dixon, and Hiu Man Chan
• 2. Fat tails and truncated bids in contingent valuation : an application to an endangered shorebird species / George Parsons and Kelley Myers
• 3. Inadequate response to frequency of payments in contingent valuation of environmental goods / Kelley Myers, George Parsons, and Kenneth Train
• 4. An adding/-up test on contingent valuations of river and lake quality / William Desvousges, Kristy Mathews, and Kenneth Train
• 5. Do contingent valuation estimates of willingness to pay for non-use environmental goods pass the scope test with adequacy? : a review of the evidence from empirical studies in the literature / Jim Burrows, Rebecca Newman, Jerry Genser, and Jeffrey Plewes
• 6. Stated preference methods and their applicability to environmental use and non-use valuations / Daniel McFadden
• 7. Some findings from further exploration of the "composite good" approach to contingent valuation / Michael Kemp, Edward Leamer, Jim Burrows, and Powell Dixon
• 8. Estimates from stated preference surveys when some respondents do not compare costs and benefits / Edward Leamer and Josh Lustig
• 9. Assessing the validity of stated preference data using follow-up questions / Kelley Myers, Doug MacNair, Ted Tomasi, and Jude Schneider
• 10. Hypothetical bias : a new meta-analysis / Harry Foster and Jim Burrows
• 11. Legal obstacles for contingent valuation methods in environmental litigation / Brian Israel, Jean Martin, Kelly Smith Fayne, and Lauren Daniel.