Title: Tinkering With Valuation Estimates: Is There A Future For Willingness To Accept Measures?
Abstract: This paper examines various methods proposed in the literature to calibrate welfare measures, especially willingness to accept and willingness to pay, derived from contingent valuation surveys. Through simulation and a case study, we hope to provide guidance for empirical welfare measurement in response to the theoretical dispute regarding WTA/WTP disparities.
Publication Year: 2002
Publication Date: 2002-01-01
Language: en
Type: article
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Cited By Count: 2
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