Estimating Willingness-to-Pay with Random Valuation Models: An Application to Lake Sevan, Armenia

Estimating Willingness-to-Pay with Random Valuation Models: An Application to Lake Sevan, Armenia

This paper presents a case study of willingness-to-pay (WTP) estimation using random valuation models. A contingent valuation survey was conducted in Yerevan, Armenia to estimate people's WTP for the protection of Lake Sevan. Three elicitation...

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Bibliographic Details
Main Authors: Wang, Hua, Laplante, Benoit, Wu, Xun, Meisner, Craig
Format: Policy Research Working Paper
Language:English
en_US
Published: World Bank, Washington, D.C. 2013
Subjects:
ACTIONS
AGRICULTURE
AIR QUALITY
CHANGE
CONTINGENT VALUATION
CORRELATIONS
DATA COLLECTION
DICHOTOMOUS CHOICE
DISCUSSIONS
ECONOMIC VALUE
ENVIRONMENTAL PROTECTION
ENVIRONMENTAL QUALITY
INCOME
INTERVIEWS
MAIL SURVEYS
MODELING
OPINIONS
PERCEPTIONS
PRICE INCREASES
PUBLIC GOOD
QUESTIONNAIRE
QUESTIONNAIRES
RANDOM SAMPLES
RESEARCH DESIGN
RESEARCH FINDINGS
RESEARCH WORKING PAPERS
RESEARCHERS
SAMPLE DESIGN
SCENARIO
SCENARIOS
SMALL BUSINESS
SURVEY DATA
SURVEY IMPLEMENTATION
UNEMPLOYMENT
UNEMPLOYMENT RATE
UTILITY FUNCTION
WATERSHED
WETLANDS
WTP AGRICULTURE
CONTINGENT VALUATION METHOD
DEPOSITORY
DISCHARGE
ECONOMETRIC MODEL
EXPENDITURE
FINANCIAL ASSISTANCE
FINANCIAL SUPPORT
FORESTS
HOUSEHOLDS
HYDROELECTRIC POWER
NONUSE VALUE
PAYMENT CARDS
STOCHASTIC THEORY
WILLINGNESS TO PAY
Online Access:http://documents.worldbank.org/curated/en/2004/08/5066130/estimating-willingness-to-pay-random-valuation-models-application-lake-sevan-armenia
http://hdl.handle.net/10986/14158

Internet

http://documents.worldbank.org/curated/en/2004/08/5066130/estimating-willingness-to-pay-random-valuation-models-application-lake-sevan-armenia
http://hdl.handle.net/10986/14158

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