Comparing Contingent Valuation, Conjoint Analysis and Decision Panels: An Application to the Valuation of reduced Damage from Air Pollution in Norway

B. Halvorsen, Jon Strand, K. Saelensminde and F. Wenstop

Memorandum from Oslo University, Department of Economics

Abstract: We discuss three state-preference approaches to eliciting willingness to pay (WTP) for environmental goods, namely open-ended contingent valuation (OE-CVM), conjoint analysis (CA) and multi-attribute utility theory applied to decision panels of experts (EDP).

Keywords: ENVIRONMENTAL POLICY; AIR POLLUTION (search for similar items in EconPapers)
JEL-codes: Q20 Q25 Q28 (search for similar items in EconPapers)
Pages: 27 pages
Date: 1996
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:hhs:osloec:1996_037

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