Economy

There is a great new policy forum article in Science defending the use of the social cost of carbon (SCC) in climate…

Yoram Bauman:  This is the fifth such review I’ve been involved in and it is almost certainly the last review I’ll be…

DMT (2020) draw attention to my treatment of the weighted WTP estimates. The regression model for the second scenario has a negative…

When dichotomous choice CVM data is of low quality, the measure of central tendancy is sensitive to assumptions. As I showed in…

When dichotomous choice CVM data has a negative WTP problem, one of the standard corrections is to estimate a log-linear model and…

In Whitehead (2020) I describe the problems in the DMT (2015) data. It is full of non-monotonicities, flat portions of bid curves…

I recently read an article in the journal Economics and Philosophy, written by Lisa Herzog, which has nothing whatsoever to do with…

As described in the introduction of my (draft) “Reply to ‘Reply to Whitehead’”, I suspect that I have used the incorrect confidence…

Desvousges, Mathews and Train (Land Economics, 2015) use the contingent valuation method (CVM) to conduct an adding-up test (i.e., does WTPA +…

I first wrote about this in September 2016. I then submitted the comment to Land Economics. The editor sent me the results…