Consumers' willingness to pay (WTP) is highly relevant to managers and academics, and
the various direct and indirect methods used to measure it vary in their accuracy, defined as …

The notion of hypothetical bias (HB) constitutes, arguably, the most fundamental issue in
relation to the use of hypothetical survey methods. Whether or to what extent choices of …

This article proposes contemporary best-practice recommendations for stated preference
(SP) studies used to inform decision making, grounded in the accumulated body of peer …

The presence of hypothetical bias (HB) associated with stated preference methods has
garnered frequent attention in the broad literature trying to describe and understand human …

Human well-being relies critically on ecosystem services provided by nature. Examples
include water and air quality regulation, nutrient cycling and decomposition, plant pollination …

A person may be willing to make an economic tradeoff to assure that a wilderness area or
scenic resource is protected even if neither that person nor (perhaps) anyone else will …

Recent work in soundscape disciplines provides a new multidisciplinary approach and
clearly represents a paradigm shift in environmental noise and annoyance research. It …

The first edition of this important work was the winner of the 2002 Publication of Enduring
Quality award by the Association of Environmental and Resource Economists. The …

1. The foundations of economic valuation 1.1 The uses of economic valuation 1.2 The nature
of economic valuation and economic efficiency 1.3 Economic valuation and other values 1.4 …

This book has a limited aim: to make available empirical approaches to non-market
valuation in a single location. We cover the two major areas of non-market valuation: stated …