Incorporating respondent uncertainty when estimating willingness to pay for protecting critical habitat for threatened and endangered fish

@inproceedings{Ekstrand1998IncorporatingRU,
  title={Incorporating respondent uncertainty when estimating willingness to pay for protecting critical habitat for threatened and endangered fish},
  author={Earl R. Ekstrand and John B. Loomis},
  year={1998}
}
A comparison of the standard dichotomous choice contingent valuation model to alternative modifications that explicitly incorporate respondent uncertainty is performed to estimate economic benefits of protecting critical habitat for nine threatened and endangered fish species living in the Colorado, Green, and Rio Grande River basins. The standard dichotomous choice contingent valuation model estimated a value of $268 per household, which was compared to values ranging from $50 to $330… CONTINUE READING

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