Abstract
In this paper I consider some of the methodological issues involvedin designing valid contingent valuation (CV) scenarios. I identifythe several parts of these scenarios and the design issues particularto those parts. Although my principal example is the scenario I andothers used in the Exxon Valdez oil spill study of the naturalresource damages to Prince William Sound, Alaska, I generalize toother types of CV scenarios.
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Mitchell, R.C. On Designing Constructed Markets in Valuation Surveys. Environ Resource Econ 22, 297–321 (2002). https://doi.org/10.1023/A:1015571100238
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DOI: https://doi.org/10.1023/A:1015571100238