Empirical Evidence Showing The Relationships Between Three Approaches for Pollution Control

Clevo Wilson ()

Environmental & Resource Economics, 2003, vol. 24, issue 1, 97-101

Abstract: Willingness to pay models have shown the theoretical relationships between the contingent valuation, cost of illness and the avertive behaviour approaches. In this paper, field survey data are used to compare the relationships between these three approaches and to demonstrate that contingent valuation bids exceed the sum of cost of illness and the avertive behaviour approach estimates. The estimates provide a validity check for CV bids and further support the claim that contingent valuation studies are theoretically consistent. Copyright Kluwer Academic Publishers 2003

Keywords: avertive behaviour; contingent valuation; cost of illness; willingness to pay (search for similar items in EconPapers)
Date: 2003
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Citations: View citations in EconPapers (8)

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Working Paper: Empirical Evidence Showing The Relationships Between Three Approaches For Pollution Control (2002)
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DOI: 10.1023/A:1022838112228

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