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Controlling for Biases in Primary Valuation Studies: A Meta-analysis of International Coral Reef Values

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  • Abdullah, Sabah
  • Rosenberger, Randall S.

Abstract

This paper updates the existing meta-analysis in coral reef recreation taking into account the previous work of Brander et al. (2007) but considering some stated preference biases and/or effects. The present meta-analysis uses twice the number of observations as the previous one and sheds more light in understanding the influence of these common biases and/or effects found in valuations. The results show the common biases/effects in varied methodology types significantly influence the willingness to pay (WTP) estimates and in turn this has implications in welfare and benefit transfer at local, regional and global levels.

Suggested Citation

  • Abdullah, Sabah & Rosenberger, Randall S., 2012. "Controlling for Biases in Primary Valuation Studies: A Meta-analysis of International Coral Reef Values," Climate Change and Sustainable Development 139088, Fondazione Eni Enrico Mattei (FEEM).
    • Handle: RePEc:ags:feemcl:139088
    DOI: 10.22004/ag.econ.139088
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    Environmental Economics and Policy;

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