Empirical Evidence Showing The Relationships Between Three Approaches for Pollution Control
AbstractWillingness 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. Copyright Kluwer Academic Publishers 2003
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Bibliographic InfoArticle provided by European Association of Environmental and Resource Economists in its journal Environmental and Resource Economics.
Volume (Year): 24 (2003)
Issue (Month): 1 (January)
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Web page: http://www.springerlink.com/link.asp?id=100263
avertive behaviour; contingent valuation; cost of illness; willingness to pay;
Other versions of this item:
- Wilson, Clevo, 2002. "Empirical Evidence Showing The Relationships Between Three Approaches For Pollution Control," Economics, Ecology and Environment Working Papers 48952, University of Queensland, School of Economics.
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