Empirical Evidence Showing The Relationships Between Three Approaches For Pollution Control

Clevo Wilson ()

No 48952, Economics, Ecology and Environment Working Papers from University of Queensland, School of Economics

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.

Keywords: Crop Production/Industries; Farm Management; Food Consumption/Nutrition/Food Safety (search for similar items in EconPapers)
Pages: 6
Date: 2002-08
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Journal Article: Empirical Evidence Showing The Relationships Between Three Approaches for Pollution Control (2003)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:uqseee:48952

DOI: 10.22004/ag.econ.48952

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