Contingent Valuation and Social Choice

Contingent Valuation and Social Choice
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条件估值和社会选择

DOI:
10.2307/1243732
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发表时间:
1994
影响因子:
4.2
通讯作者:
D. McFadden
D. McFadden
中科院分区:
经济学2区
文献类型:
--
作者:
D. McFadden

文献摘要

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对估测自然资源存在价值的条件价值方法进行了心理物理稳健性、统计可靠性和经济敏感性的检验。发展了支付意愿标准模型的扩展,以及适用于分析这些模型的计量经济学技术。这一分析被应用于一系列关于美国西部荒野地区保护价值的实验。这一结果令人质疑CV方法估计存在值的可靠性。
The contingent valuation method for estimating the existence value of natural resources is examined for psychophysical robustness, statistical reliability, and economic sensibility. Extensions of standard models for willingness‐to‐pay, and suitable econometric techniques for analyzing these models, are developed. The analysis is applied to a series of experiments on the value of preserving wilderness areas in the western United States. The results call into question the reliability of the CV method for estimating existence values.