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Information Impacts On Stated Vs. Revealed Preference Valuation Of Environmental Quality

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  • Hite, Diane

Abstract

A database is used that combines survey and housing variables to compare stated willingness to pay (WTP) to revealed WTP to avoid living in proximity to a land -ll. The results suggest that stated WTP is closer to that predicted by the hedonic for knowledgeable homebuyers than for ignorant homebuyers.

Suggested Citation

  • Hite, Diane, 2000. "Information Impacts On Stated Vs. Revealed Preference Valuation Of Environmental Quality," 2000 Annual meeting, July 30-August 2, Tampa, FL 21791, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea00:21791
    DOI: 10.22004/ag.econ.21791
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    References listed on IDEAS

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    Keywords

    Environmental Economics and Policy;

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