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Calibration of Stated Willingness to Pay for Public Goods with Voting and Tax Liability Data: Provision of Landscape Amenities in Switzerland

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  • Nick Hanley
  • Felix Schlapfer

Abstract

Controversy remains over the degree of hypothetical bias in contingent valutation method (CVM) estimates of values for public goods, especially for public goods with significant passive-use values. This paper uses an 'indifferent voter' approach to calibrate stated WTP for a proposed public good increase with actual WTP implied by voting and tax liability data. Our data are from a CVM survey and an actual voting decision on propositions to increase public funds for landscape amenities protection in the canton of Zurich, Switzerland.

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  • Nick Hanley & Felix Schlapfer, "undated". "Calibration of Stated Willingness to Pay for Public Goods with Voting and Tax Liability Data: Provision of Landscape Amenities in Switzerland," Working Papers 2002_2, Business School - Economics, University of Glasgow.
  • Handle: RePEc:gla:glaewp:2002_2
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    1. Nick Hanley & Felix Schlapfer, "undated". "A Method to Estimate the Magnitude of "Hypothetical Bias" in Stated Preference Surveys of Passive-use Value," Working Papers 2002_1, Business School - Economics, University of Glasgow.

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    More about this item

    Keywords

    contingent valuation; indifferent voter; median voter theorem; referendum; valuation;
    All these keywords.

    JEL classification:

    • Q21 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Demand and Supply; Prices

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