Rationality Concepts in Environmental Valuation
Oliver Frör
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255 Pages
English
PDF
About This Book
Survey based valuation techniques like the Contingent Valuation Method (CVM) rely particularly on the premise of respondents’ rationality when answering willingness to pay (WTP) questions. Results of CVM surveys have repeatedly put this fundamental assumption into question. This study adopts a mor... (see more details)
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