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Ruissellement érosif et bien-être des citoyens : une nouvelle approche de l’estimation du consentement à payer

Author

Listed:
  • Laroutis, Dimitri
  • Lepelletier, Patrice

Abstract

Through the implementation of the contingent valuation method (CVM), the authors seek to reveal individuals’ willingness to pay for a reduction of the risk of erosive runoff in the Commerce Valley (Upper Normandy). A survey was conducted among 221 individuals. One of the goals of this study is to propose a new method to improve the estimation of willingness to pay in the framework of the CVM. This alternative estimator appears to reveal a WTP lower than the actual WTP, but more accurate in individual WTP forecasts than the use of a tobit model. The results also suggest that while the tobit’s forecasts overstate the WTP, their alternative estimator undervalues it.

Suggested Citation

  • Laroutis, Dimitri & Lepelletier, Patrice, 2021. "Ruissellement érosif et bien-être des citoyens : une nouvelle approche de l’estimation du consentement à payer," Économie rurale, French Society of Rural Economics (SFER Société Française d'Economie Rurale), vol. 375(January-M).
    • Handle: RePEc:ags:ersfer:335336
    DOI: 10.22004/ag.econ.335336
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