Disentangling the pure time effect from site and preference heterogeneity effects in benefit transfer: an empirical investigation of transferability

Gebeyehu Manie Fetene, Søren Bøye Olsen, Ole Bonnichsen

Publikation: Bidrag til tidsskriftTidsskriftartikelForskningpeer review

14 Citationer (Scopus)

Abstract

Two identical open-ended contingent valuation surveys assessing willingness-to-pay for better protection against flooding were administered in 2005 and 2010 at the same site. The 2010 survey was administered to the same respondents as those interviewed in 2005 as well as to new participants. This experimental design allows us to separate the pure temporal dimension from the spatial and social dimensions of transferability, thereby permitting an investigation of the temporal reliability associated with a transfer of value estimates over a 5-year time horizon. Having isolated the pure effect of time, the design further allows assessing the social dimension of transferability.
OriginalsprogEngelsk
TidsskriftEnvironmental and Resource Economics
Vol/bind59
Udgave nummer4
Sider (fra-til)583-611
Antal sider29
ISSN0924-6460
DOI
StatusUdgivet - 2014

Bibliografisk note

Published online 11 December 2013

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