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Conducting economic valuation surveys during extreme events

Author

Listed:
  • Susana Mourato

    (London School of Economics)

  • Ganga Shreedhar

    (London School of Economics)

Abstract

There is no guidance on how to deal with the effects of catastrophic events, like the COVID-19 pandemic, on stated preference survey responses, despite the possible impact such events can have on stated values and survey responses. This paper provides a concise analysis of the likely effects of extreme events on stated preference surveys, focusing on the validity and temporal stability of estimated values, and offers a set of recommendations. These recommendations can also be of use for designing other types of household and individual surveys, beyond economic valuation surveys.

Suggested Citation

  • Susana Mourato & Ganga Shreedhar, 2021. "Conducting economic valuation surveys during extreme events," OECD Environment Working Papers 187, OECD Publishing.
    • Handle: RePEc:oec:envaaa:187-en
    DOI: 10.1787/85477cd9-en
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    More about this item

    Keywords

    Catastrophic events; Choice experiment; Choice modelling; Contingent valuation; COVID-19; Extreme events; Guidelines; Nonmarket valuation; Questionnaire; Stated preference; Survey;
    All these keywords.

    JEL classification:

    • C83 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Survey Methods; Sampling Methods
    • H41 - Public Economics - - Publicly Provided Goods - - - Public Goods
    • Q51 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Valuation of Environmental Effects

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