Working paper
Is more information always better? : the effect of information on the validity of contingent valuations
- Abstract:
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Within the framework of consumer’s surplus, a theory of Contingent Valuation (CV) is introduced which accommodates a cost-parameter for the good or policy to be valued. This theory is then used to discuss the validity of value estimates established by means of CV-instruments with different (cost-) information. Against the prevailing view that such instruments must contain a description of how the good to be valued is meant to be generated and how this generation is to be financed, it is argue...
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- Publication status:
- Published
- Peer review status:
- Reviewed (other)
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Bibliographic Details
- Publisher:
- Oxford Institute for Energy Studies Publisher's website
- Series:
- OIES paper
- Publication date:
- 1997-01-01
- Paper number:
- EV24
- ISBN:
- 1901795020
Item Description
- Language:
- English
- UUID:
-
uuid:cc4f32c8-8b9c-4089-b3de-dfa55e9a4cce
- Local pid:
- ora:10486
- Deposit date:
- 2015-03-11
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Terms of use
- Copyright holder:
- Oxford Institute for Energy Studies
- Copyright date:
- 1997
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