The Stated Preference Approach to Environmental Valuation Volume I: Foundations, Initial Development, Statistical Approaches Edited by Richard T. Carson University of California, San Diego, USA ASHGATE
Contents Acknowledgements Series Preface Introduction ix xiii xv PART I CONCEPTUAL AND THEORETICAL FOUNDATIONS 1 J.R. Hicks (1943), 'The Four Consumer's Surpluses', Review of Economic Studies, 11, pp. 31-41. 3 2 Howard R. Bowen (1943), 'The Interpretation of Voting in the Allocation of Economic Resources', Quarterly Journal of Economics, 58, pp. 27-48. 15 3 S.V. Ciriacy-Wantrup (1947), 'Capital Returns from Soil-Conservation Practices', Journal of Farm Economics, 29, pp. 1181-96. 37 4 T.C. Schelling (1968), 'The Life You Save May Be Your Own', in S. Chase (ed.), Problems in Public Expenditure Analysis, Washington, DC: Brookings Institution, pp. 143 44. 53 5 Paul A. Samuelson (1954), 'The Pure Theory of Public Expenditure', Review of Economics and Statistics, 36, pp. 387 89. 57 6 L. Gregory Hines (1951), 'Wilderness Areas: An Extra-Market Problem in Resource Allocation', Land Economics, 27, pp. 306 13. 61 7 John V. Krutilla (1967), 'Conservation Reconsidered', American Economic Review, 57, pp. 777-86. 69 8 Burt A. Weisbrod (1964), 'Collective-Consumption Services of Individual- Consumption Goods', Quarterly Journal of Economics, 78, pp. 471 77. 79 9 Kenneth J. Arrow and Anthony C. Fisher (1974), 'Environmental Preservation, Uncertainty, and Irreversibility', Quarterly Journal of Economics, 88, pp. 312-19. 87 PART II EARLY APPLICATIONS 10 Robert K. Davis (1964), 'The Value of Big Game Hunting in a Private Forest', in Transactions of the Twenty-ninth North American Wildlife and Natural Resources Conference, 29, Washington, DC: Wildlife Management Institute, pp. 393-403. 97 11 Charles J. Cicchetti and V. Kerry Smith (1973), 'Congestion, Quality Deterioration, and Optimal Use: Wilderness Recreation in the Spanish Peaks Primitive Area', Social Science Research, 2, pp. 15-30. 109 12 Arthur H. Darling (1973), 'Measuring Benefits Generated by Urban Water Parks', Land Economics, 49, pp. 22-34. 125 13 Kenneth E. McConnell (1977), 'Congestion and a Willingness to Pay: A Study of Beach Use', Land Economics, 53, pp. 185-95. 139
14 Alan Randall, Berry Ives and Clyde Eastman (1974), 'Bidding Games for Valuation of Aesthetic Environmental Improvements', Journal of Environmental Economics and Management, 1, pp. 132-49. 151 15 David S. Brookshire, Berry C. Ives and William D. Schulze (1976), 'The Valuation of Aesthetic Preferences', Journal of Environmental Economics and Management,?),^. 325-46. 169 16 Frederick W. Gramlich (1977), 'The Demand for Clean Water: The Case of the Charles River', National Tax Journal, 30, pp. 183-94. 191 17 Douglas A. Greenley, Richard G. Walsh and Robert A. Young (1981), 'Option Value: Empirical Evidence from a Case Study of Recreation and Water Quality', Quarterly Journal of Economics, 96, pp. 657 73. 203 18 Richard C. Bishop and Thomas A. Heberlein (1979), 'Measuring Values of Extramarket Goods: Are Indirect Measures Biased?', American Journal of Agricultural Economics, 61, pp. 926-30. 221 19 Edna Loehman and Vo Hu De (1982), 'Application of Stochastic Choice Modeling to Policy Analysis of Public Goods: A Case Study of Air Quality Improvements', Review of Economics and Statistics, 64, pp. 474-80. 227 PART III EARLY TESTS OF VALIDITY 20 Jack L. Knetsch and Robert K. Davis (1966), 'Comparisons of Methods for Resource Evaluation', in Allen V. Kneese and Stephen C. Smith (eds), Water Research, Baltimore, MD: Johns Hopkins University Press, pp. 125^2. 237 21 Peter Bohm (1972), 'Estimating Demand for Public Goods: An Experiment', European Economic Review, 3, pp. 111-30. 255 22 David S. Brookshire, Mark A. Thayer, William D. Schulze and Ralph C. d'arge (1982), 'Valuing Public Goods: A Comparison of Survey and Hedonic Approaches', American Economic Review, 72, pp. 165-77. 275 23 Mark A. Thayer (1981), 'Contingent Valuation Techniques for Assessing Environmental Impacts: Further Evidence', Journal of Environmental Economics and Management, 8, pp. 27-44. 289 24 William D. Schulze, Ralph C. d'arge and David S. Brookshire (1981), 'Valuing Environmental Commodities: Some Recent Experiments', Land Economics, 57, pp. 151-72. 307 25 Ronald J. Sutherland and Richard G. Walsh (1985), 'Effect of Distance on the Preservation Value of Water Quality', Land Economics, 61, pp. 281-91. 329 26 William H. Desvousges, V. Kerry Smith and Ann Fisher (1987), 'Option Price Estimates for Water Quality Improvements: A Contingent Valuation Study for the Monongahela River', Journal of Environmental Economics and Management, 14, pp. 248-67. 341 27 W. Kip Viscusi, Wesley A. Magat and Joel Huber (1991), 'Pricing Environmental Health Risks: Survey Assessments of Risk - Risk and Risk - Dollar Trade-Offs for Chronic Bronchitis', Journal of Environmental Economics and Management, 21, pp. 32-51. 361
vii PART IV STATISTICAL APPROACHES 28 W. Michael Hanemann (1984), 'Welfare Evaluations in Contingent Valuation Experiments with Discrete Responses', American Journal of Agricultural Economics, 66, pp. 332-41. 383 29 Trudy Ann Cameron and Michelle D. James (1987), 'Efficient Estimation Methods for 'Closed-Ended' Contingent Valuation Surveys', Review of Economics and Statistics, 69, pp. 269-76. 393 30 Trudy Ann Cameron (1988), 'A New Paradigm for Valuing Non-market Goods Using Referendum Data: Maximum Likelihood Estimation by Censored Logistic Regression', Journal of Environmental Economics and Management, 15, pp. 355-79. 401 31 K.E. McConnell (1990), 'Models for Referendum Data: The Structure of Discrete Choice Models for Contingent Valuation', Journal of Environmental Economics and Management, 18, pp. 19-34. 427 32 Daniel McFadden (1994), 'Contingent Valuation and Social Choice', American Journal ofagricultural Economics, 76, pp. 689-708. 443 33 Timothy Park, John B. Loomis and Michael Creel (1991), 'Confidence Intervals for Evaluating Benefits Estimates from Dichotomous Choice Contingent Valuation Studies', Land Economics, 67, pp. 64-73. 463 34 Bengt Kristrom (1990), 'A Non-Parametric Approach to the Estimation of Welfare Measures in Discrete Response Valuation Studies', Land Economics, 66, pp. 135-39. 473 35 Richard T. Carson and Dan Steinberg (1990), 'Experimental Design for Discrete Choice Voter Preference Surveys', 1989 Proceeding of the American Statistical Association: Survey Methodology Section, Washington, DC: American Statistical Association, pp. 821-22. 479 36 Timothy C. Haab and Kenneth E. McConnell (1997), 'Referendum Models and Negative Willingness to Pay: Alternative Solutions', Journal of Environmental Economics and Management, 32, pp. 251-70. 481 37 Bengt Kristrom (1997), 'Spike Models in Contingent Valuation', American Journal ofagricultural Economics, 79, pp. 1013 23. 501 38 Megan Werner (1999), 'Allowing for Zeros in Dichotomous-Choice Contingent- Valuation Models', Journal of Business and Economic Statistics, 17, pp. 479-86. 513 39 Barbara J. Kanninen (1995), 'Bias in Discrete Response Contingent Valuation', Journal of Environmental Economics and Management, 28, pp. 114-25. 521 40 Michael Hanemann, John Loomis and Barbara Kanninen (1991), 'Statistical Efficiency of Double-Bounded Dichotomous Choice Contingent Valuation', American Journal of Agricultural Economics, 73, pp. 1255-63. 533 41 Anna Alberini, Barbara Kanninen and Richard T. Carson (1997), 'Modeling Response Incentive Effects in Dichotomous Choice Contingent Valuation Data', Land Economics, 73, pp. 309-24. 543 42 Trudy Ann Cameron and Daniel D. Huppert (1991), 'Referendum Contingent Valuation Estimates: Sensitivity to the Assignment of Offered Values', Journal of the American Statistical Association, 86, pp. 910-18. 559
43 Anna Alberini (1995), 'Optimal Designs for Discrete Choice Contingent Valuation Surveys: Single-Bound, Double-Bound, and Bivariate Models', Journal of Environmental Economics and Management, 28, pp. 287 306. 569 Name Index 589