Skip to Main Content
U.S. Forest Service
Caring for the land and serving people

United States Department of Agriculture

Home > Search > Publication Information

  1. Share via EmailShare on FacebookShare on LinkedInShare on Twitter
    Dislike this pubLike this pub
    Author(s): J. Michael Bowker; John R. Stoll
    Date: 1985
    Source: Amer. J. Agr. Econ., Vol. 67: 372-381
    Publication Series: Miscellaneous Publication
    PDF: View PDF  (777 KB)

    Description

    A dichotomous choice form of contingent valuation is applied to quantify individuals' economic surplus associated with preservation of the whooping crane resource. Specific issues and limitations of the empirical approach are discussed. The results of this case study reveal that models with similar statistical fits can lead to very disparate measures of economic value, regardless of whether the mean or median is chosen to estimate average willingness to pay. sush results suggest caution is necessary when applying dichtomous choice models in contingent valuation

    Publication Notes

    • You may send email to pubrequest@fs.fed.us to request a hard copy of this publication.
    • (Please specify exactly which publication you are requesting and your mailing address.)
    • We recommend that you also print this page and attach it to the printout of the article, to retain the full citation information.
    • This article was written and prepared by U.S. Government employees on official time, and is therefore in the public domain.

    Citation

    Bowker, J. Michael; Stoll, John R. 1985. Use of dichotomous choice nonmarket methods to value the whooping crane resource. Amer. J. Agr. Econ., Vol. 67: 372-381

    Keywords

    dichotomous choice, logit, probit, tuncation, willingness-to-pay

    Related Search


    XML: View XML
Show More
Show Fewer
Jump to Top of Page
https://www.fs.usda.gov/treesearch/pubs/27563