IDEAS home Printed from https://ideas.repec.org/p/ags/ucdavw/232414.html
   My bibliography  Save this paper

Precision vs Bias in Choosing Welfare Measures

Author

Listed:
  • Alston, Julian M.
  • Larson, Douglas M.

Abstract

No abstract is available for this item.

Suggested Citation

  • Alston, Julian M. & Larson, Douglas M., 1992. "Precision vs Bias in Choosing Welfare Measures," Working Papers 232414, University of California, Davis, Department of Agricultural and Resource Economics.
    • Handle: RePEc:ags:ucdavw:232414
    DOI: 10.22004/ag.econ.232414
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/232414/files/ucdavis-wp-92-14.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.232414?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Catherine L. Kling, 1992. "Some Results on the Variance of Welfare Estimates from Recreation Demand Models," Land Economics, University of Wisconsin Press, vol. 68(3), pages 318-328.
    2. Bockstael, Nancy E & McConnell, Kenneth E, 1983. "Welfare Measurement in the Household Production Framework," American Economic Review, American Economic Association, vol. 73(4), pages 806-814, September.
    3. V. Kerry Smith, 1990. "Estimating Recreation Demand Using the Properties of the Implied Consumer Surplus," Land Economics, University of Wisconsin Press, vol. 66(2), pages 111-120.
    4. Kling, Catherine L., 1992. "Some Results on the Variance of Consumer Welfare Estimates from Recreation Demand Models," Staff General Research Papers Archive 1578, Iowa State University, Department of Economics.
    5. Nancy E. Bockstael & Ivar E. Strand, Jr., 1987. "The Effect of Common Sources of Regression Error on Benefit Estimates," Land Economics, University of Wisconsin Press, vol. 63(1), pages 11-20.
    6. Martin, Will & Alston, Julian M., 1992. "An exact approach for evaluating the benefits from technological change," Policy Research Working Paper Series 1024, The World Bank.
    7. Bruce Gardner, 1983. "Efficient Redistribution through Commodity Markets," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 65(2), pages 225-234.
    8. Willig, Robert D, 1976. "Consumer's Surplus without Apology," American Economic Review, American Economic Association, vol. 66(4), pages 589-597, September.
    9. Catherine L. Kling, 1988. "The Reliability of Estimates of Environmental Benefits from Recreation Demand Models," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 70(4), pages 892-901.
    10. Darrell L. Hueth & Richard E. Just, 1991. "Applied General Equilibrium Welfare Analysis: Discussion," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 73(5), pages 1517-1519.
    11. Neill, Jon R., 1988. "Another theorem on using market demands to determine willingness to pay for non-traded goods," Journal of Environmental Economics and Management, Elsevier, vol. 15(2), pages 224-232, June.
    12. Walter N. Thurman, 1991. "Applied General Equilibrium Welfare Analysis," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 73(5), pages 1508-1516.
    13. Don L. Coursey & John L. Hovis & William D. Schulze, 1987. "The Disparity Between Willingness to Accept and Willingness to Pay Measures of Value," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 102(3), pages 679-690.
    14. Hanemann, W Michael, 1991. "Willingness to Pay and Willingness to Accept: How Much Can They Differ?," American Economic Review, American Economic Association, vol. 81(3), pages 635-647, June.
    15. Harberger, Arnold C, 1971. "Three Basic Postulates for Applied Welfare Economics: An Interpretive Essay," Journal of Economic Literature, American Economic Association, vol. 9(3), pages 785-797, September.
    16. Hayes, K & Porter-Hudak, S, 1987. "Deadweight Loss: Theoretical Size Relationships and the Precision of Measurement," Journal of Business & Economic Statistics, American Statistical Association, vol. 5(1), pages 47-52, January.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Mark D. Agee & Thomas D. Crocker, 2002. "On Techniques to Value the Impact of Environmental Hazards on Children's Health," NCEE Working Paper Series 200208, National Center for Environmental Economics, U.S. Environmental Protection Agency, revised Sep 2002.
    2. Bowker, James Michael & Starbuck, C. Meghan & English, Donald B.K. & Bergstrom, John C. & Rosenberger, Randall S. & McCollum, Daniel W., 2009. "Estimating the Net Economic Value of National Forest Recreation: An Application of the National Visitor Use Monitoring Database," Faculty Series 59603, University of Georgia, Department of Agricultural and Applied Economics.
    3. Cropper, Maureen L & Oates, Wallace E, 1992. "Environmental Economics: A Survey," Journal of Economic Literature, American Economic Association, vol. 30(2), pages 675-740, June.
    4. Bowker, James Michael & English, Donald B.K. & Bergstrom, John C. & Starbuck, C. Meghan, 2005. "Valuing National Forest Recreation Access: Using a Stratified On-Site Sample to Generate Values Across Activities for a Nationally Pooled Sample," 2005 Annual meeting, July 24-27, Providence, RI 19506, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    5. Stavins, Robert, 2004. "Environmental Economics," RFF Working Paper Series dp-04-54, Resources for the Future.
    6. Shogren, Jason F. & Cho, Sungwon & Koo, Cannon & List, John & Park, Changwon & Polo, Pablo & Wilhelmi, Robert, 2001. "Auction mechanisms and the measurement of WTP and WTA," Resource and Energy Economics, Elsevier, vol. 23(2), pages 97-109, April.
    7. Alston, Julian M. & Chalfant, James A. & Pardey, Philip G., 1993. "Structural Adjustment In Oecd Agriculture: Government Policies And Technical Change," Working Papers 14473, University of Minnesota, Center for International Food and Agricultural Policy.
    8. Amoah, Anthony & Ferrini, Silvia & Schaafsma, Marije, 2019. "Electricity outages in Ghana: Are contingent valuation estimates valid?," Energy Policy, Elsevier, vol. 135(C).
    9. Beatty, Timothy K.M. & Brozovic, Nicholas & Ward, Michael B., 2005. "Consumer Surplus Estimates and the Source of Regression Error," 2005 Annual meeting, July 24-27, Providence, RI 19477, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    10. Halstead, John M. & Huang, Ju-Chin & Stevens, Thomas H. & Harper, Wendy, 2002. "Tinkering With Valuation Estimates: Is There A Future For Willingness To Accept Measures?," 2002 Annual meeting, July 28-31, Long Beach, CA 19724, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    11. Christina McGranaghan & Steven G. Otto, 2022. "Choice uncertainty and the endowment effect," Journal of Risk and Uncertainty, Springer, vol. 65(1), pages 83-104, August.
    12. Drayer, Joris & Shapiro, Stephen L., 2011. "An examination into the factors that influence consumers’ perceptions of value," Sport Management Review, Elsevier, vol. 14(4), pages 389-398.
    13. Sayman, Serdar & Onculer, Ayse, 2005. "Effects of study design characteristics on the WTA-WTP disparity: A meta analytical framework," Journal of Economic Psychology, Elsevier, vol. 26(2), pages 289-312, April.
    14. Beja Jr, Edsel, 2012. "Two explanations to the willingness to accept and willingness to pay gap plus an alternative," MPRA Paper 36239, University Library of Munich, Germany.
    15. repec:fth:calaec:30-98 is not listed on IDEAS
    16. Kolstad, Charles D. & Guzman, Rolando M., 1999. "Information and the Divergence between Willingness to Accept and Willingness to Pay," Journal of Environmental Economics and Management, Elsevier, vol. 38(1), pages 66-80, July.
    17. Bockstael, Nancy E. & Freeman III, A. Myrick, 2006. "Welfare Theory and Valuation," Handbook of Environmental Economics, in: K. G. Mäler & J. R. Vincent (ed.), Handbook of Environmental Economics, edition 1, volume 2, chapter 12, pages 517-570, Elsevier.
    18. John K. Horowitz & Kenneth E. McConnell & James J. Murphy, 2013. "Behavioral foundations of environmental economics and valuation," Chapters, in: John A. List & Michael K. Price (ed.), Handbook on Experimental Economics and the Environment, chapter 4, pages 115-156, Edward Elgar Publishing.
    19. Edward J. Lopez & W. Robert Nelson, 2005. "The Endowment Effect in a Public Good Experiment," Experimental 0512001, University Library of Munich, Germany.
    20. Larson, Douglas & Lew, Daniel & Loomis, John, 1999. "Are Revealed Preference Measures of Quality Change Benefits Statistically Significant?," Western Region Archives 321712, Western Region - Western Extension Directors Association (WEDA).
    21. English, Donald B.K., 2000. "A Simple Procedure for Generating Confidence Intervals in Tourist Spending Profiles and Resulting Economic Impacts," Journal of Regional Analysis and Policy, Mid-Continent Regional Science Association, vol. 30(1), pages 1-16.

    More about this item

    Keywords

    Agricultural and Food Policy;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:ucdavw:232414. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/daucdus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.