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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.

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Abstract

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.

Impact and interest:

5 citations in Scopus
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3 citations in Web of Science®

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ID Code: 32524
Item Type: Journal Article
Keywords: avertive behaviour, contingent valuation, cost of illness, willingness to pay
DOI: 10.1023/A:1022838112228
ISSN: 09246460
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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