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They doth protest too much, methinks: Reply to “Reply to Whitehead”

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  • John C. Whitehead

Abstract

Desvousges, Mathews and Train (2020) point out a mistake in my comment on their 2015 paper. When this mistake is corrected the conclusions drawn in my comment are unchanged. In addition, the authors claim that I make another 11 “mistakes”. In this paper I argue that these “mistakes” are mostly fairly standard practice in the contingent valuation method. Desvousges, Mathews and Train misread and distort this literature. In addition, I place the comments and reply in the context of a larger debate over using the Contingent Valuation Method for Natural Resource Damage Assessment. Key Words:

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  • John C. Whitehead, 2024. "They doth protest too much, methinks: Reply to “Reply to Whitehead”," Working Papers 24-04, Department of Economics, Appalachian State University.
    • Handle: RePEc:apl:wpaper:24-04
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    File URL: http://econ.appstate.edu/RePEc/pdf/wp2404.pdf
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    1. Trudy Ann Cameron, 1991. "Interval Estimates of Non-Market Resource Values from Referendum Contingent Valuation Surveys," Land Economics, University of Wisconsin Press, vol. 67(4), pages 413-421.
    2. John C. Whitehead & Tim Haab & Sherry L. Larkin & John B. Loomis & Sergio Alvarez & Andrew Ropicki, 2018. "Estimating Lost Recreational Use Values of Visitors to Northwest Florida due to the Deepwater Horizon Oil Spill Using Cancelled Trip Data," Marine Resource Economics, University of Chicago Press, vol. 33(2), pages 119-132.
    3. Catherine L. Kling & Daniel J. Phaneuf & Jinhua Zhao, 2012. "From Exxon to BP: Has Some Number Become Better Than No Number?," Journal of Economic Perspectives, American Economic Association, vol. 26(4), pages 3-26, Fall.
    4. Haab, Timothy C. & McConnell, Kenneth E., 1997. "Referendum Models and Negative Willingness to Pay: Alternative Solutions," Journal of Environmental Economics and Management, Elsevier, vol. 32(2), pages 251-270, February.
    5. W. Michael Hanemann, 1989. "Welfare Evaluations in Contingent Valuation Experiments with Discrete Response Data: Reply," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 71(4), pages 1057-1061.
    6. Whitehead, John C., 2016. "Plausible responsiveness to scope in contingent valuation," Ecological Economics, Elsevier, vol. 128(C), pages 17-22.
    7. W. Michael Hanemann, 1984. "Welfare Evaluations in Contingent Valuation Experiments with Discrete Responses," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 66(3), pages 332-341.
    8. Alan Randall, 1993. "What Practicing Agricultural Economists Really Need to Know about Methodology," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 75(Special_I), pages 48-59.
    9. Peter A. Diamond & Jerry A. Hausman, 1994. "Contingent Valuation: Is Some Number Better than No Number?," Journal of Economic Perspectives, American Economic Association, vol. 8(4), pages 45-64, Fall.
    10. Arne Risa Hole, 2007. "A comparison of approaches to estimating confidence intervals for willingness to pay measures," Health Economics, John Wiley & Sons, Ltd., vol. 16(8), pages 827-840, August.
    11. W. Michael Hanemann, 1994. "Valuing the Environment through Contingent Valuation," Journal of Economic Perspectives, American Economic Association, vol. 8(4), pages 19-43, Fall.
    12. Diamond, Peter, 1996. "Testing the Internal Consistency of Contingent Valuation Surveys," Journal of Environmental Economics and Management, Elsevier, vol. 30(3), pages 337-347, May.
    13. Richard T. Carson, 2012. "Contingent Valuation: A Practical Alternative When Prices Aren't Available," Journal of Economic Perspectives, American Economic Association, vol. 26(4), pages 27-42, Fall.
    14. Randall, Alan, 1998. "Beyond the crucial experiment: mapping the performance characteristics of contingent valuation," Resource and Energy Economics, Elsevier, vol. 20(2), pages 197-206, June.
    15. William Desvousges & Kristy Mathews & Kenneth Train, 2015. "An Adding-up Test on Contingent Valuations of River and Lake Quality," Land Economics, University of Wisconsin Press, vol. 91(3), pages 556-571.
    16. Timothy Park & John B. Loomis & Michael Creel, 1991. "Confidence Intervals for Evaluating Benefits Estimates from Dichotomous Choice Contingent Valuation Studies," Land Economics, University of Wisconsin Press, vol. 67(1), pages 64-73.
    17. Jerry Hausman, 2012. "Contingent Valuation: From Dubious to Hopeless," Journal of Economic Perspectives, American Economic Association, vol. 26(4), pages 43-56, Fall.
    18. Paul R. Portney, 1994. "The Contingent Valuation Debate: Why Economists Should Care," Journal of Economic Perspectives, American Economic Association, vol. 8(4), pages 3-17, Fall.
    19. Chapman, David J. & Bishop, Richard C. & Hanemann, W. Michael & Kanninen, Barbara J. & Krosnick, Jon A. & Morey, Edward R. & Tourangeau, Roger, 2016. "On the adequacy of scope test results: Comments on Desvousges, Mathews, and Train," Ecological Economics, Elsevier, vol. 130(C), pages 356-360.
    20. John C. Whitehead, 2017. "Who Knows What Willingness to Pay Lurks in the Hearts of Men? A Rejoinder to Egan, Corrigan, and Dwyer," Econ Journal Watch, Econ Journal Watch, vol. 14(3), pages 346–361-3, September.
    21. Desvousges, William & Mathews, Kristy & Train, Kenneth, 2012. "Adequate responsiveness to scope in contingent valuation," Ecological Economics, Elsevier, vol. 84(C), pages 121-128.
    22. Alok Bohara & Joe Kerkvliet & Robert Berrens, 2001. "Addressing Negative Willingness to Pay in Dichotomous Choice Contingent Valuation," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 20(3), pages 173-195, November.
    23. Deaton,Angus & Muellbauer,John, 1980. "Economics and Consumer Behavior," Cambridge Books, Cambridge University Press, number 9780521296762, November.
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