A Note on Obtaining Welfare Bounds in Referendum Contingent Valuation Studies

In this note, the authors detail the mechanics of the nonparametric mean and variance calculations of finding willingness to pay (WTP) estimates. There are (at least) three nonparametric estimators of mean WTP that can be obtained from referendum CV survey data. The logic behind all three nonparametric estimators is the same.

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Bibliographic Details
Main Author: Inter-American Development Bank
Other Authors: William J. Vaughan
Format: Technical Notes biblioteca
Language:English
Published: Inter-American Development Bank
Subjects:Economy, Environmental Law and Economics;Environment,
Online Access:http://dx.doi.org/10.18235/0008802
https://publications.iadb.org/en/note-obtaining-welfare-bounds-referendum-contingent-valuation-studies
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