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, empirical technique used, and economic conditions on various outcomes. Using observations extracted from 40 peer-reviewed articles, meta-regression analysis […]

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 be broken up into three phases of research:

Determining a Survey Sample Universe
Creating the Survey Instrument
Collecting, Analyzing, and Reporting the Data

This time we will discuss the second phase, creating the survey instrument.

Creating the Survey Instrument
When […]

Contingent 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 method is useful in the estimation of losses for contaminated properties when market data are not available or market failure […]

Using 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 approach to measure respondents’ reactions to two scenarios: one that describes the study area currently and another that […]

Conservative 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 and that (2) faculty/staff reject clear gains because they expect a revision to the parking permit fee structure in […]