Ruissellement érosif et bien-être des citoyens: une nouvelle approche de l’estimation du consentement à payer

Dimitri Laroutis and Patrice Lepelletier

Économie rurale, 2021, vol. 375, issue January-March

Abstract: Through the implementation of the contingent valuation method (CVM), the authors seek to reveal individuals’ willingness to pay for a reduction of the risk of erosive runoff in the Commerce Valley (Upper Normandy). A survey was conducted among 221 individuals. One of the goals of this study is to propose a new method to improve the estimation of willingness to pay in the framework of the CVM. This alternative estimator appears to reveal a WTP lower than the actual WTP, but more accurate in individual WTP forecasts than the use of a tobit model. The results also suggest that while the tobit’s forecasts overstate the WTP, their alternative estimator undervalues it.

Keywords: Institutional; and; Behavioral; Economics (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:ags:ersfer:335336

DOI: 10.22004/ag.econ.335336

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