Ask a Hypothetical Question, Get a Valuable Answer?

Christopher Dean Azevedo (), Joseph A. Herriges and Catherine Louise Kling ()

Center for Agricultural and Rural Development (CARD) Publications from Center for Agricultural and Rural Development (CARD) at Iowa State University

Abstract: The authors model the recreation demand for Iowa wetlands, combining survey data on both actual usage patterns (i.e., revealed preferences) and anticipated changes to those patterns under hypothetical increases in trip costs (i.e., stated preferences). They formulate and test specific hypotheses concerning potential sources of bias in each data type and consistently reject consistency between the two data sources, both in terms of implied wetland values and underlying preference parameters. The authors pay careful attention to the interpretations of the test results, noting particularly how the interpretation of the same results can vary with the "school of thought" of the reader.

Date: 2000-12
View list of references

Downloads: (external link)
http://www.card.iastate.edu/publications/DBS/PDFFiles/00wp260.pdf Full Text (application/pdf)
http://www.card.iastate.edu/publications/synopsis.aspx?id=313 Online Synopsis (text/html)

Related works:
Working Paper: Ask a Hypothetical Question, Get a Valuable Answer? (2001)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: http://EconPapers.repec.org/RePEc:ias:cpaper:00-wp260

Access Statistics for this paper

More papers in Center for Agricultural and Rural Development (CARD) Publications from Center for Agricultural and Rural Development (CARD) at Iowa State University
Contact information at EDIRC.
Series data maintained by ().