A Method to Estimate the Magnitude of "Hypothetical Bias" in Stated Preference Surveys of Passive-use Value

Nick Hanley and Felix Schläpfer ()

Working Papers from Business School - Economics, University of Glasgow

Abstract: This paper proposes a method by which estimates of hypothetical willingness to pay for public goods with passive-use value can be compared with actual willingness to pay inferred from aggregate voting and tax liability data.

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Persistent link: https://EconPapers.repec.org/RePEc:gla:glaewp:2002_1

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