A Method to Estimate the Magnitude of “Hypothetical Bias” in Stated Preference Surveys of Passive-use Value
نویسندگان
چکیده
This paper proposes a method by which estimates of hypothetical willingness to pay for public goods with passive-use value can be compared with actual willingness to pay inferred from aggregate voting and tax liability data. Acknowledgements We are grateful to Robert Deacon and Peter Moser for helpful comments on earlier versions of the manuscript, and Ulrich Woitek for valuable discussion. FS acknowledges support through a fellowship of the Royal Society (European Science Exchange Programme).
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