| Registro completo |
| Provedor de dados: |
AgEcon
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| País: |
United States
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| Título: |
Identifying Individual Discount Rates and Valuing Public Open Space with Stated Preference Models
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| Autores: |
Kovacs, Kent F.
Larson, Douglas M.
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| Data: |
2007-06-27
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| Ano: |
2007
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| Palavras-chave: |
Resource /Energy Economics and Policy
H43
Q51
Q15
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| Resumo: |
An individual's rate of time preference is an important consideration for individuals deciding whether to support a public good since the benefits of a public good often come in the future. Our study finds individual discount rates from a contingent valuation method (CVM) question where the time frame of the payment schedule is varied across surveys. We find discount rates similar to the rates found in the recent revealed preference and experimental literature of around 30%. Our CVM question addresses the preservation of additional open space adjacent to a large regional park at the urban fringe of Portland, Oregon.
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| Tipo: |
Conference Paper or Presentation
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| Idioma: |
Inglês
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| Identificador: |
26167
http://purl.umn.edu/9743
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| Editor: |
AgEcon Search
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| Relação: |
American Agricultural Economics Association>2007 Annual Meeting, July 29-August 1, 2007, Portland, Oregon
AERE Selected Paper 181143
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| Formato: |
36
application/pdf
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