Dynamic Processes in Contingent Valuation: A Case Study Involving the Mahogany Glider
This paper reports the results of an experiment involving a sample of 204 members of the public who were assessed on three occasions about their willingness to pay for the conservation of the mahogany glider. They were asked this question prior to information being provided to them about the glider and other focal wildlife species; after such information was provided, and finally after participants had had an opportunity to see live specimens of this glider. The mean willingness to pay of the relevant samples are compared and found to show significant variations. Theories are considered that help explain the dynamics of these variations. Serious concerns are raised about the capacity of information provision to reveal ‘true’ contingent valuations of public goods.
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- Richard Carson & Nicholas Flores & Norman Meade, 2001.
"Contingent Valuation: Controversies and Evidence,"
Environmental & Resource Economics,
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- Ostensson, O., 2001. "Valuing Environmental Preferences: Theory and Practice of the Contingent Valuation Method in the US, EU and Developing Countries: Ian J. Bateman and Kenneth G. Willis (Eds.); Oxford University Press, ," Resources Policy, Elsevier, vol. 27(1), pages 57-59, March.
- Tisdell, Clement A. & Wilson, Clevo, 2000. "Economic, Educational and Conservation Benefits of Sea Turtle Based Ecotourism: A Study focused on Mon Repos," Economics, Ecology and Environment Working Papers 55110, University of Queensland, School of Economics.
- Bateman, Ian J. & Willis, Kenneth G. (ed.), 2001. "Valuing Environmental Preferences: Theory and Practice of the Contingent Valuation Method in the US, EU , and developing Countries," OUP Catalogue, Oxford University Press, number 9780199248919. Full references (including those not matched with items on IDEAS)
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