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Estimating willingness-to-pay with random valuation models : an application to Lake Sevan, Armenia (English)

Abstract

This paper presents a case study of willingness-to-pay (WTP) estimation using random valuation models. A contingent valuation survey was conducted in Yerevan, Armenia to estimate people's WTP for the protection of Lake Sevan. Three elicitation formats-open-ended...  See More +

Details

  • Wang, Hua; Laplante, Benoit; Xun Wu; Meisner, Craig;
  • 2004/08/01
  • Policy Research Working Paper;
  • WPS3367
  • 1
  • 1
  • Armenia
  • Europe and Central Asia
  • 2010/07/01
  • Estimating willingness-to-pay with random valuation models : an application to Lake Sevan, Armenia
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