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| Carson, Richard T.; Hanemann, W. Michael; Kopp, Raymond J.; Krosnick, Jon A.; Mitchell, Robert C.; Presser, Stanley; Ruud, Paul A.; Smith, V. Kerry. |
| In 1992 the National Oceanic and Atmospheric Administration (NOAA) convened a panel of prominent social scientists to assess the reliability of natural resource damage estimates derived from contingent valuation (CV). The product of the panel's deliberations was a report that laid out a set of recommended guidelines for CV survey design, administration, and data analysis. This paper focuses on one of these guidelines -- the Panel's call for the "temporal averaging" of willingness-to-pay (WTP) responses obtained from CV surveys as one method for increasing their reliability. The panel suggested: "Time dependent measurement noise should be reduced by averaging across independently drawn samples taken at different points in time. A clear and substantial time... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Contingent valuation; Natural resource damages; Passive use; Exxon Valdez; Reliability; Environmental Economics and Policy; D60; D61; K32; Q28. |
| Ano: 1995 |
URL: http://purl.umn.edu/10580 |
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| Carson, Richard T.; Hanemann, W. Michael; Kopp, Raymond J.; Krosnick, Jon A.; Mitchell, Robert C.; Presser, Stanley; Ruud, Paul A.; Smith, V. Kerry; Conaway, Michael; Martin, Kerry. |
| In 1992 the National Oceanic and Atmospheric Administration (NOAA) convened a panel of prominent social scientists to assess the reliability of natural resource damage estimates derived from contingent valuation (CV). The product of the Panel's deliberations was a report that laid out a set of recommended guidelines for CV survey design, administration, and data analysis. One of the Panel's recommendations was that CV surveys should employ a referendum approach. This method describes a choice mechanism that asks each respondent how they would vote if faced with a particular program and the prospect of paying for the program through some means, such as higher taxes. The Panel also recommended that CV referendum questions which commonly use only "for" or... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Contingent valuation; Natural resource damages; Passive use; Exxon Valdez; Reliability; Environmental Economics and Policy; D60; D61; K32; Q28. |
| Ano: 1995 |
URL: http://purl.umn.edu/10865 |
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