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Keywords: Contingent valuation method
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Journal Articles
Journal:
Journal of Economics and Development
Journal of Economics and Development (2022) 24 (3): 262–275.
Published: 02 August 2021
.../by/4.0/legalcode Air pollution Contingent valuation method Willingness-to-pay Concern exists that in a hypothetical setting of CVM surveys, hypothetical WTP may overestimate real WTP (Murphy et al., 2005). To minimize the hypothetical bias, certainty scales have been proposed...
