Empirical Evidence Showing The Relationships Between Three Approaches for Pollution Control
Wilson, Clevo (2003) Empirical Evidence Showing The Relationships Between Three Approaches for Pollution Control. Environmental and Resource Economics, 24(1), p. 97.
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.
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|Item Type:||Journal Article|
|Keywords:||avertive behaviour, contingent valuation, cost of illness, willingness to pay|
|Subjects:||Australian and New Zealand Standard Research Classification > ECONOMICS (140000) > APPLIED ECONOMICS (140200) > Environment and Resource Economics (140205)|
|Divisions:||Current > QUT Faculties and Divisions > QUT Business School|
Current > Schools > School of Economics & Finance
|Deposited On:||07 Jun 2010 11:09|
|Last Modified:||29 Feb 2012 23:31|
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