IDEAS home Printed from https://ideas.repec.org/a/eee/ecolec/v1y1989i3p251-259.html
   My bibliography  Save this article

Okoboji experiment: Comparing non-market valuation techniques in an unusually well-defined market for water quality

Author

Listed:
  • d'Arge, Ralph C.
  • Shogren, Jason F.

Abstract

No abstract is available for this item.

Suggested Citation

  • d'Arge, Ralph C. & Shogren, Jason F., 1989. "Okoboji experiment: Comparing non-market valuation techniques in an unusually well-defined market for water quality," Ecological Economics, Elsevier, vol. 1(3), pages 251-259, October.
    • Handle: RePEc:eee:ecolec:v:1:y:1989:i:3:p:251-259
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/0921-8009(89)90008-6
    Download Restriction: Full text for ScienceDirect subscribers only
    ---><---

    As the access to this document is restricted, you may want to look for a different version below or search for a different version of it.

    Other versions of this item:

    References listed on IDEAS

    as
    1. Jack L. Knetsch & J. A. Sinden, 1984. "Willingness to Pay and Compensation Demanded: Experimental Evidence of an Unexpected Disparity in Measures of Value," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 99(3), pages 507-521.
    2. Brookshire, David S, et al, 1982. "Valuing Public Goods: A Comparison of Survey and Hedonic Approaches," American Economic Review, American Economic Association, vol. 72(1), pages 165-177, March.
    3. V. Kerry Smith & William H. Desvousges & Ann Fisher, 1986. "A Comparison of Direct and Indirect Methods for Estimating Environmental Benefits," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 68(2), pages 280-290.
    4. Garey Durden & Jason F. Shogren, 1988. "Valuing Non-Market Recreation Goods: An Evaluative Survey of the Literature on the Travel Cost and Contingent Valuation Methods," The Review of Regional Studies, Southern Regional Science Association, vol. 18(3), pages 1-15, Fall.
    5. Christine Seller & John R. Stoll & Jean-Paul Chavas, 1985. "Validation of Empirical Measures of Welfare Change: A Comparison of Nonmarket Techniques," Land Economics, University of Wisconsin Press, vol. 62(2), pages 156-175.
    6. William D. Schulze & Ralph C. d'Arge & David S. Brookshire, 1981. "Valuing Environmental Commodities: Some Recent Experiments," Land Economics, University of Wisconsin Press, vol. 57(2), pages 151-172.
    7. Rosen, Sherwin, 1974. "Hedonic Prices and Implicit Markets: Product Differentiation in Pure Competition," Journal of Political Economy, University of Chicago Press, vol. 82(1), pages 34-55, Jan.-Feb..
    8. Jack L. Knetsch & J. A. Sinden, 1987. "The Persistence of Evaluation Disparities," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 102(3), pages 691-695.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Ge, Jiaqi & Kling, Catherine L. & Herriges, Joseph A., 2013. "How Much is Clean Water Worth? Valuing Water Quality Improvement Using A Meta Analysis," Staff General Research Papers Archive 36597, Iowa State University, Department of Economics.
    2. Mahesh, Ramachandran, 2015. "Validating Spatial Hedonic Modeling with a Behavioral Approach: Measuring the Impact of Water Quality Degradation on Coastal Housing Markets," 2015 AAEA & WAEA Joint Annual Meeting, July 26-28, San Francisco, California 205664, Agricultural and Applied Economics Association.
    3. Graça, Manjate, 2018. "Scope effects in contingent valuation: an application to the valuation of irrigation water quality improvements in Infulene Valley, Mozambique," Research Theses 334752, Collaborative Masters Program in Agricultural and Applied Economics.
    4. Kuwayama, Yusuke & Olmstead, Sheila & Zheng, Jiameng, 2022. "A more comprehensive estimate of the value of water quality," Journal of Public Economics, Elsevier, vol. 207(C).
    5. Giuliani, Gianluca & Rieder, Peter, 2003. "Landwirtschaftlicher Bodenmarkt - Dominanz der nicht-landwirtschaftlichen uber die landwirtschaftlichen Faktoren?," Agrarwirtschaft und Agrarsoziologie\ Economie et Sociologie Rurales, Swiss Society for Agricultural Economics and Rural Sociology, vol. 2003(1), pages 1-22.

    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. Randall, Alan, 1982. "Economic Surplus Concepts and Their Use in Benefit Cost Analysis," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 50(02), pages 1-29, August.
    2. McNair, Ben J. & Bennett, Jeff & Hensher, David A. & Rose, John M., 2011. "Households' willingness to pay for overhead-to-underground conversion of electricity distribution networks," Energy Policy, Elsevier, vol. 39(5), pages 2560-2567, May.
    3. Trudy Ann Cameron & Michelle D. James, 1986. "Utilizing "Closed-Ended" Contingent Valuation Survey DAta for Preliminary Demand Assessments," UCLA Economics Working Papers 415, UCLA Department of Economics.
    4. Young, Ralph, 1991. "The Economic Significance of Environmental Resources: A Review of the Evidence," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 59(03), pages 1-26, December.
    5. T.A. Cameron & D.D. Huppert, 1988. ""Referendum" Contingent Valuation Estimates: Sensitivity to the Assignment of Offered Values," UCLA Economics Working Papers 519, UCLA Department of Economics.
    6. Bender, Ruth Larson, 1984. "Habitat characteristics and pheasant hunting participation: a household production function application," ISU General Staff Papers 1984010108000017521, Iowa State University, Department of Economics.
    7. Richard T. Carson & Nicholas E. Flores & Kerry M. Martin & Jennifer L. Wright, 1996. "Contingent Valuation and Revealed Preference Methodologies: Comparing the Estimates for Quasi-Public Goods," Land Economics, University of Wisconsin Press, vol. 72(1), pages 80-99.
    8. Haoxuan Zou & Guannan Teng, 2021. "Measuring Hukou Amenity by Using Urban Land Price in China," Journal of Applied Finance & Banking, SCIENPRESS Ltd, vol. 11(3), pages 1-5.
    9. Ulrich Schmidt & Stefan Traub, 2009. "An Experimental Investigation of the Disparity Between WTA and WTP for Lotteries," Theory and Decision, Springer, vol. 66(3), pages 229-262, March.
    10. Paul Dolan & Robert Metcalfe, 2008. "Comparing Willingness-to-Pay and Subjective Well-Being in the Context of Non-Market Goods," CEP Discussion Papers dp0890, Centre for Economic Performance, LSE.
    11. Morrison, Gwendolyn C., 2000. "WTP and WTA in repeated trial experiments: Learning or leading?," Journal of Economic Psychology, Elsevier, vol. 21(1), pages 57-72, February.
    12. Bruno S. Frey & Reiner Eichenberger, 1989. "Should Social Scientists Care about Choice Anomalies?," Rationality and Society, , vol. 1(1), pages 101-122, July.
    13. Rose, Steven K., 1999. "Non-Market Valuation Techniques: The State of the Art," Working Papers 127688, Cornell University, Department of Applied Economics and Management.
    14. Bergstrom, John C. & Dillman, B. L. & Stoll, John R., 1985. "Public Environmental Amenity Benefits of Private Land: The Case of Prime Agricultural Land," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 17(1), pages 139-149, July.
    15. Boyle, Kevin J., 1990. "Dichotomous-Choice, Contingent-Valuation Questions: Functional Form Is Important," Northeastern Journal of Agricultural and Resource Economics, Northeastern Agricultural and Resource Economics Association, vol. 19(2), pages 1-7, October.
    16. Deller, Steven C. & Ottem, Thomas D., 2001. "Crime And The Quality Of Life In Wisconsin Counties," Staff Papers 12652, University of Wisconsin-Madison, Department of Agricultural and Applied Economics.
    17. Liv Osland, 2010. "Spatial Variation in Job Accessibility and Gender: An Intraregional Analysis using Hedonic House-Price Estimation," Environment and Planning A, , vol. 42(9), pages 2220-2237, September.
    18. Kuwayama, Yusuke & Olmstead, Sheila & Zheng, Jiameng, 2022. "A more comprehensive estimate of the value of water quality," Journal of Public Economics, Elsevier, vol. 207(C).
    19. Kevin J. Boyle & Richard C. Bishop & Michael P. Welsh, 1985. "Starting Point Bias in Contingent Valuation Bidding Games," Land Economics, University of Wisconsin Press, vol. 62(2), pages 188-194.
    20. Murakami, Jin & He, Yiming, 2018. "Highway investment in deindustrialization: A territorial analysis of office property transactions in Hong Kong, 2002–2013," Journal of Transport Geography, Elsevier, vol. 66(C), pages 200-212.

    More about this item

    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:eee:ecolec:v:1:y:1989:i:3:p:251-259. 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: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/ecolecon .

    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.