This study assesses the willingness of people in Ho Chi Minh City, Vietnam to pay for improvement in their water supply system. It also investigates what aspects of water supply, such as quality and…

National parks attract tourists to developing countries. However, there are only rare cases where the full economic rent from tourism in protected areas has been captured by these countries. This…

A contingent valuation survey of Thai adults revealed that private demand for a hypothetical AIDS vaccine that is safe, has no side effects, and lasts 10 years, rises with income, the lifetime risk of…

Since 1999 a multilateral effort termed the Nile Basin Initiative has been underway among the Nile riparians to explore opportunities for maximizing the benefits of the river's waters through…

This paper seeks to provide the theoretical underpinnings for the optimal pricing of protected areas used in recreational activities, from the perspective of a local park agency interested in…

In two experiments on the choice of consumer goods, the estimated marginal willingness to pay for food is found to be lower in the survey version with cheap talk. Our test can be seen as a test of…

This paper investigates two complementary pieces of data on households’ demand for improved water services, coping costs and willingness to pay (WTP), from a survey of 1500 randomly sampled households…

Individuals’ preferences for risk and inequality are measured through choices between imagined societies and lotteries. The median relative risk aversion, which is often seen to reflect social…

Many argue that it is socially inefficient to use distributional weights in cost-benefit analysis, and that doing so implies large inefficiency losses, when distributional matters can be dealt with…

This paper employs a choice experiment to obtain consumer preferences and willingness to pay for food product quality attributes currently not available in Sweden. Data were obtained from a large mail…