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Linking Revealed And Stated Preferences To Test External Validity

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Author Info
Herriges, Joseph A.
Kling, Catherine L.
Azevedo, Christopher

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Abstract

This paper examines the potential for combining revealed and stated preference data on Iowa wetland usage, employing a flexible functional form representation of site-specific utility. We examine a variety of hypothesis tests regarding potential sources for inconsistency between stated and revealed preferences, including the form of the state preference questions themselves.

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Publisher Info
Paper provided by American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association) in its series 1999 Annual meeting, August 8-11, Nashville, TN with number 21555.

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Date of creation: 1999
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Handle: RePEc:ags:aaea99:21555

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Related research
Keywords: Land Economics/Use; Resource /Energy Economics and Policy;

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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.:
  1. V. Kerry Smith, 1993. "Nonmarket Valuation of Environmental Resources: An Interpretive Appraisal," Land Economics, University of Wisconsin Press, vol. 69(1), pages 1-26. [Downloadable!] (restricted)
  2. Huang, Ju-Chin & Haab, Timothy C. & Whitehead, John C., 1997. "Willingness to Pay for Quality Improvements: Should Revealed and Stated Preference Data Be Combined?," Journal of Environmental Economics and Management, Elsevier, vol. 34(3), pages 240-255, November. [Downloadable!] (restricted)
  3. Trudy Ann Cameron, 1992. "Combining Contingent Valuation and Travel Cost Data for the Valuation of Nonmarket Goods," Land Economics, University of Wisconsin Press, vol. 68(3), pages 302-317. [Downloadable!] (restricted)
  4. Hensher, David & Louviere, Jordan & Swait, Joffre, 1998. "Combining sources of preference data," Journal of Econometrics, Elsevier, vol. 89(1-2), pages 197-221, November. [Downloadable!] (restricted)
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(explanations, 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.)

  1. Rosado, Marcia A. & Cunha-e-Sa, Maria A. & Ducla-Soares, Maria M. & Nunes, Luis C., 2000. "Combining Averting Behavior and Contingent Valuation Data: An Application to Drinking Water Treatment," FEUNL Working Paper Series wp392, Universidade Nova de Lisboa, Faculdade de Economia. [Downloadable!]
  2. Park, Timothy A. & Bowker, J.M. & Leeworthy, Vernon R., 2000. "Valuing Snorkeling Visits To The Florida Keys With Stated And Revealed Preference Models," Faculty Series 16713, University of Georgia, Department of Agricultural and Applied Economics. [Downloadable!]
  3. Dietrich Earnhart, 2004. "Time is Money: Improved Valuation of Time and Transportation Costs," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 29(2), pages 159-190, October. [Downloadable!] (restricted)
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