Tag: WTP
Do Survey Results Systematically Differ From Hedonic Regression Results? Evidence From a Residential Property Meta-Analysis
In this paper, we evaluate the effect of environmental contamination situations on residential property values. Using the meta-analysis technique, conclusions are drawn about the effect of location, type of study conducted,...
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General Guidelines to Survey Research: Part 2 – Creating the Survey Instrument
We continue from our previous post, where we discussed how guidelines for CV surveys can generally...
Read MoreContingent Valuation and Real Estate Damage Estimation
Real estate appraisal practice stresses three traditional approaches (cost, sales comparison, and income) to value contaminated properties. This paper discusses a fourth approach: the contingent valuation method (CVM). This...
Read MoreUsing Contingent Valuation to Measure Property Value Impacts
Purpose – The purpose of this paper is to measure the impact of a proposed biomass facility on prospective property values using the contingent valuation method. Design/methodology/approach – The paper uses a web-based survey...
Read MoreConservative Dichotomous Choice Responses in the Active Policy Setting: the Case of University Parking
This study presents evidence of strategic behavior in faculty/staff members’ reports of willingness-to-pay at a public university. The results suggest that (1) students have a higher mean willingness-to-pay than faculty/staff...
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