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The effect of distance on willingness to pay values: a case study of wetlands and salmon in California

✍ Scribed by Jennifer Pate; John Loomis

Book ID
117613642
Publisher
Elsevier Science
Year
1997
Tongue
English
Weight
669 KB
Volume
20
Category
Article
ISSN
0921-8009

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We provide a new test of the feasibility of using contingent valuation to value informal care. We start with a theoretical model of informal caregiving and derive that willingness to pay depends positively on wealth and negatively on own health, whereas the effect of other's health is sign-ambiguous