TINKERING WITH VALUATION ESTIMATES: IS THERE A FUTURE FOR WILLINGNESS TO ACCEPT MEASURES?



Table 3. Comparison of Mean WTP and Mean WTA Measures, Valuation of Degraded
Visibility.

Mean WTP1a      Mean WTA1b      Mean WTP2c      Mean WTA2c

$11.06               $140.56               $24.29               $283.97

Ratioe: 12.7                                     Ratioe: 11.7
a Estimated mean WTP for 131 km of visibility, mean income, and fvisit of WTP data.

b Estimated mean WTA for 129 km of visibility, mean income, and fvisit of WTA data.
cEstimated mean WTP for 147 km of visibility, mean income, and fvisit of WTP/WTA
combined data)

dMedian WTA estimates could not be calculated, as described in text.

eRatio of (Mean WTA)/(Mean WTP)

16



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