Using a survey of western Canadian agricultural landowners, we examine the cost and viability of two distinct afforestation options for carbon-uptake purposes. Responses to two separate, but most-likely related willingness to accept compensation questions are elicited using the contingent valuation method. Respondents then select the level of certainty with which they believe their responses were given. This paper provides a framework for estimation of the bivariate model with certainty and a modification of the model to incorporate uncertainty based on Li and Mattson's approach to preference uncertainty. While highly preliminary results are given for the bivariate model with certainty, applications of both models will be presented at the 2003 AAEA Meetings.
Download Info
To download:
If you experience problems downloading a file, check if you have the
proper application to
view it first. Information about this may be contained
in the File-Format links below. In case of further problems read
the IDEAS help
page. Note that these files are not on the IDEAS
site. Please be patient as the files may be large.
Publisher Info
Paper provided by American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association) in its series 2003 Annual meeting, July 27-30, Montreal, Canada with number
21906.
Length: Date of creation: 2003 Date of revision: Handle: RePEc:ags:aaea03:21906
Contact details of provider: Postal: 555 East Wells Street, Suite 1100, Milwaukee, Wisconsin 53202 Phone: (414) 918-3190 Fax: (414) 276-3349 Email: Web page: http://www.aaea.org More information through EDIRC
For technical questions regarding this item, or to correct its listing, contact: (AgEcon Search).
References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.: