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Experimental Evidence on Alternative Environmental Valuation Methods

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  • Glenn Harrison

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Abstract

Experimental methods are central to assessments of environmental valuation approaches that are operationally meaningful. Existing lab experiments focus attention sharply on the neglect of hypothetical bias. They also offer constructive solutions to correct this bias, and beg for validation in field experiments. Copyright Springer 2006

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File URL: http://hdl.handle.net/10.1007/s10640-005-3792-9
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Bibliographic Info

Article provided by European Association of Environmental and Resource Economists in its journal Environmental and Resource Economics.

Volume (Year): 34 (2006)
Issue (Month): 1 (05)
Pages: 125-162

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Handle: RePEc:kap:enreec:v:34:y:2006:i:1:p:125-162

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Web page: http://www.springerlink.com/link.asp?id=100263

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Keywords: experiments; valuation; hypothetical bias;

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  1. Carson, R.T. & Mitchell, R.C. & Hanemann, W.M. & Kopp, R.J. & Presser, S. & Ruud, P.A., 1992. "A Contingent Valuation Study of Lost Passive Use Values Resulting From the Exxon Valdez Oil Spill," MPRA Paper 6984, University Library of Munich, Germany.
  2. Shogren, Jason F., 2006. "Experimental Methods and Valuation," Handbook of Environmental Economics, in: K. G. Mäler & J. R. Vincent (ed.), Handbook of Environmental Economics, edition 1, volume 2, chapter 19, pages 969-1027 Elsevier.
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