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Expanding Contingent Value Sample Estimates to Aggregate Benefit Estimates: Current Practices and Proposed Solutions

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  • John B. Loomis

Abstract

A mail survey was administered to a panel of Colorado consumers to obtain estimates of willingness to pay (WTP) for preserving Union Park. Detailed socioeconomic data for all surveyed individuals was available a priori. We develop and employ the multiple-...

Suggested Citation

  • John B. Loomis, 1987. "Expanding Contingent Value Sample Estimates to Aggregate Benefit Estimates: Current Practices and Proposed Solutions," Land Economics, University of Wisconsin Press, vol. 63(4), pages 396-402.
  • Handle: RePEc:uwp:landec:v:63:y:1987:i:4:p:396-402
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    Citations

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    Cited by:

    1. MacMillan, Douglas & Hanley, Nick & Buckland, Steve, 1995. "Valuing Biodiversity Losses Due To Acid Deposition: A Contingent Valuation Study Of Uncertain Environmental Gains," Discussion Papers in Ecological Economics 140539, University of Stirling, Department of Economics.
    2. Johnston, Robert J. & Swallow, Stephen K. & Bauer, Dana Marie, 2002. "Stated Preferences And Length Of Residency In Rural Communities: Are Development And Conservation Values Heterogeneous?," 2002 Annual meeting, July 28-31, Long Beach, CA 19683, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    3. Kosz, Michael, 1996. "Valuing riverside wetlands: the case of the "Donau-Auen" national park," Ecological Economics, Elsevier, vol. 16(2), pages 109-127, February.
    4. Lyssenko, Nikita & Martinez-Espineira, Roberto, 2009. "`Been there done that': Disentangling option value effects from user heterogeneity when valuing natural resources with a use component," MPRA Paper 21976, University Library of Munich, Germany, revised 08 Apr 2010.
    5. Jette Jacobsen & Nick Hanley, 2009. "Are There Income Effects on Global Willingness to Pay for Biodiversity Conservation?," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 43(2), pages 137-160, June.
    6. Peter A. Groothuis & George Van Houtven & John C. Whitehead, 1998. "Using Contingent Valuation to Measure the Compensation Required to Gain Community Acceptance of a Lulu: the Case of a Hazardous Waste Disposal Facility," Public Finance Review, , vol. 26(3), pages 231-249, May.
    7. Robert G. Ethier & Gregory L. Poe & William D. Schulze & Jeremy Clark, 2000. "Comparison of Hypothetical Phone and Mail Contingent Valuation Responses for Green-Pricing Electricity Programs," Land Economics, University of Wisconsin Press, vol. 76(1), pages 54-67.
    8. Kristin Jakobsson & Andrew Dragun, 2001. "The Worth of a Possum: Valuing Species with the Contingent Valuation Method," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 19(3), pages 211-227, July.
    9. repec:gam:jsusta:v:10:y:2018:i:1:p:122-:d:125749 is not listed on IDEAS
    10. Hanley, Nicholas & Hynes, Stephen & O'Donoghue, Cathal, 2008. "A combinatorial optimisation approach to non-market environmental benefit aggregation," Stirling Economics Discussion Papers 2008-08, University of Stirling, Division of Economics.
    11. Martínez-Espiñeira, Roberto & Lyssenko, Nikita, 2011. "Correcting for the endogeneity of pro-environment behavioral choices in contingent valuation," Ecological Economics, Elsevier, vol. 70(8), pages 1435-1439, June.
    12. Stefanos Xenarios & Kostas Bithas, 2009. "Welfare Improvisation from the Receiving Waters of Urban Wastewater Systems in the Context of the Water Framework Directive," Water Resources Management: An International Journal, Published for the European Water Resources Association (EWRA), Springer;European Water Resources Association (EWRA), vol. 23(5), pages 981-1000, March.
    13. Barbara Baarsma, 2003. "The Valuation of the IJmeer Nature Reserve using Conjoint Analysis," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 25(3), pages 343-356, July.
    14. Kline, Jeffrey & Wichelns, Dennis, 1998. "Measuring heterogeneous preferences for preserving farmland and open space," Ecological Economics, Elsevier, vol. 26(2), pages 211-224, August.
    15. Abdulrahman, Abdulallah S & Johnston, Robert J, 2016. "Systematic Non-Response in Stated Preference Choice Experiments: Implications for the Valuation of Climate Risk Reductions," 2016 Annual Meeting, July 31-August 2, 2016, Boston, Massachusetts 235465, Agricultural and Applied Economics Association.
    16. Stephen Hynes & Nick Hanley & Cathal O’Donoghue, 2010. "A Combinatorial Optimization Approach to Nonmarket Environmental Benefit Aggregation via Simulated Populations," Land Economics, University of Wisconsin Press, vol. 86(2), pages 345-362.

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