SENSITIVITY TO SCOPE: EVIDENCE FROM A CVM STUDY OF WETLANDS

Daniel J. Mullarkey and Richard C. Bishop

No 21513, 1999 Annual meeting, August 8-11, Nashville, TN from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: Wetlands valuation is a situation in which CVM studies might be expected to fail scope tests. This paper reports results from a split-sample CVM study of Wisconsin wetlands. The survey employed a multiple-bounded, polychotomous-choice format, and compared WTP distributions using the method of convolutions. The survey demonstrated sensitivity to scope.

Keywords: Resource/Energy; Economics; and; Policy (search for similar items in EconPapers)
Pages: 14
Date: 1999
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Citations: View citations in EconPapers (5)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea99:21513

DOI: 10.22004/ag.econ.21513

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