Green price indices
Article Abstract:
A study on how the environment and other public goods can be incorporated consistently into a green cost-of-living index is presented. Using the hedonic model, an illustration of the regional index in Los Angeles, where the air quality, the primary environmental focus, has rapidly improved over the past quarter century is presented. Results show that including public goods in the cost-of-living index can make a substantial difference.
Publication Name: Journal of Environmental Economics and Management
Subject: Environmental services industry
ISSN: 0095-0696
Year: 2005
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Hypothetical question modes and real willingness to pay
Article Abstract:
Hypothetical dichotomous choice questions and hypothetical open-ended questions have been found to be equally valuable in determining a respondent's willingness to pay for a public good. This finding supports the use of contingent valuation surveys as a viable method to estimate value. The experiment consisted of both yes-and-no and fill-in-the-blank questions.
Publication Name: Journal of Environmental Economics and Management
Subject: Environmental services industry
ISSN: 0095-0696
Year: 1997
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Do hypothetical and actual marginal willingness to pay differ in choice experiments?
Article Abstract:
Research is presented concerning an evaluation of the validity of experiments which involve choice on projects requiring environmental donations. The difference between actual and hypothetical choice is discussed.
Publication Name: Journal of Environmental Economics and Management
Subject: Environmental services industry
ISSN: 0095-0696
Year: 2001
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