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Sensitivity To Scope: Evidence From A Cvm Study Of Wetlands

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  • Mullarkey, Daniel J.
  • Bishop, Richard C.

Abstract

Wetlands valuation is a situation in which CVM studies might be expected to fail scope tests. This paper reports results from a split-sample CVM study of Wisconsin wetlands. The survey employed a multiple-bounded, polychotomous-choice format, and compared WTP distributions using the method of convolutions. The survey demonstrated sensitivity to scope.

Suggested Citation

  • Mullarkey, Daniel J. & Bishop, Richard C., 1999. "Sensitivity To Scope: Evidence From A Cvm Study Of Wetlands," 1999 Annual meeting, August 8-11, Nashville, TN 21513, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
  • Handle: RePEc:ags:aaea99:21513
    DOI: 10.22004/ag.econ.21513
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    References listed on IDEAS

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    1. Schkade David A. & Payne John W., 1994. "How People Respond to Contingent Valuation Questions: A Verbal Protocol Analysis of Willingness to Pay for an Environmental Regulation," Journal of Environmental Economics and Management, Elsevier, vol. 26(1), pages 88-109, January.
    2. Carson, Richard T., 1995. "Contingent Valuation Surveys and Tests of Insensitivity to Scope," 1995 Conference (39th), February 14-16, 1995, Perth, Australia 148791, Australian Agricultural and Resource Economics Society.
    3. Kahneman, Daniel & Knetsch, Jack L., 1992. "Valuing public goods: The purchase of moral satisfaction," Journal of Environmental Economics and Management, Elsevier, vol. 22(1), pages 57-70, January.
    4. W. Michael Hanemann, 1994. "Valuing the Environment through Contingent Valuation," Journal of Economic Perspectives, American Economic Association, vol. 8(4), pages 19-43, Fall.
    5. Gregory L. Poe & Eric K. Severance-Lossin & Michael P. Welsh, 1994. "Measuring the Difference (X — Y) of Simulated Distributions: A Convolutions Approach," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 76(4), pages 904-915.
    6. Smith, V. Kerry, 1992. "Arbitrary values, good causes, and premature verdicts," Journal of Environmental Economics and Management, Elsevier, vol. 22(1), pages 71-89, January.
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    Cited by:

    1. Franco, Daniele & Luiselli, Luca, 2014. "Shared ecological knowledge and wetland values: a case study," MPRA Paper 66496, University Library of Munich, Germany.
    2. Dranco, Daniel & Luiselli, Luca, 2014. "How much do the common goods of rural and semi-natural landscape cost? A case study," MPRA Paper 66309, University Library of Munich, Germany, revised 2015.
    3. Daniel Franco & Luca Luiselli, 2013. "A procedure to analyse the strategic outliers and the multiple motivations in a contingent valuation," International Journal of Social Economics, Emerald Group Publishing Limited, vol. 40(3), pages 246-266, February.
    4. Franco, Daniel & Luiselli, Luca, 2013. "A procedure to analyse the strategic outliers and the multiple motivations in a contingent valuation: a case study for a concrete policy purpose," MPRA Paper 66498, University Library of Munich, Germany.
    5. Elena Ojea & Maria L. Loureiro, 2009. "Valuation Of Wildlife: Revising Some Additional Considerations For Scope Tests," Contemporary Economic Policy, Western Economic Association International, vol. 27(2), pages 236-250, April.

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