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An environmental and natural resource economics blog by Adam Bailey (below). For details and profile see About.
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© Adam Bailey and Economic Droplets, 2012-2022.
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Tag Archives: hypothetical bias
The Role of Contingent Valuation
Contingent valuation is sometimes presented as applicable to any environmental good, unlike other valuation methods which can be used only in particular circumstances. Recent thinking suggests a narrower role. A symposium in the Journal of Economic Perspectives (1) offers three … Continue reading
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