When a Good Is a Bad (or a Bad Is a Good)—Analysis of Data from an Ambiguous Nonmarket Valuation Setting

This paper analyses data from a contingent valuation experiment carried out in a context with large degree of preference heterogeneity and valuation ambiguity. Despite this challenge, by implementing estimation of an unrestricted valuation function on pooled data from two elicitation formats, utiliz...

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Bibliographic Details
Main Authors: Petter Gudding, Gorm Kipperberg, Craig Bond, Kelly Cullen, Eric Steltzer
Format: Article
Language:English
Published: MDPI AG 2018-01-01
Series:Sustainability
Subjects:
Online Access:http://www.mdpi.com/2071-1050/10/1/208