Empirical Evidence Showing The Relationships Between Three Approaches For Pollution Control

Willingness to pay models have shown the theoretical relationships between the contingent valuation, cost of illness and the avertive behaviour approaches. In this paper, field survey data are used to compare the relationships between these three approaches and to demonstrate that contingent valuation bids exceed the sum of cost of illness and the avertive behaviour approach estimates. The estimates provide a validity check for CV bids and further support the claim that contingent valuation studies are theoretically consistent.


Issue Date:
2002-08
Publication Type:
Working or Discussion Paper
DOI and Other Identifiers:
ISSN: 1327-8231 (Other)
PURL Identifier:
http://purl.umn.edu/48952
Total Pages:
6
Series Statement:
Economics, Ecology and The Environment Working Paper
71




 Record created 2017-04-01, last modified 2017-08-25

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