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



viewed two pictures in this section: picture A represented the status quo visibility and electric bill
while picture B represented reduced visibility and a lower electric bill. The CVM questions were
asked as follows:

1. WTA: Would you be willing to accept this new level of visibility (indicated by picture B) in
the White Mountain National Forest if your monthly electric bill were reduced by $x?

2. WTP: Would you be willing to pay $x per month more for electricity to avoid this new level
of visibility (indicated by picture B) in the White Mountain National Forest?

In all cases, picture A, which represented the base scenario, or status quo, described the
average visibility level at the site during the summer months. Picture B represented one of four
visual range reductions. The electric bill reduction was 20 percent of the respondent’s total
monthly bill in the personal survey and one of 1/4th, 1∕3rd, or ½ of the monthly bill for the first
mail survey respondents,3 while respondents to the second mail survey were confronted with bids
ranging from $10 to $50 per month (these values were chosen based on the initial year surveys).

A series of follow up questions were asked to obtain information about each respondent’s
socio-economic characteristics, motives involved in answering the valuation question, and plans,
if any, to visit the wilderness area in the future.

Double wave mailings with postcard follow ups were used in each mail survey. Response
rates were approximately 36 percent for the WTA survey and 39 percent for the WTP survey.

The WTA and WTP CVM questions followed an introductory statement about
electricity deregulation and air quality in the White Mountains. Each respondent viewed two
pictures: picture A represented the status quo visibility and electric bill while picture B
represented reduced visibility. In all cases, picture A, which represented the base scenario, or

3 Twenty percent is the average savings expected from deregulation.



More intriguing information

1. The name is absent
2. The name is absent
3. The name is absent
4. The name is absent
5. The name is absent
6. Categorial Grammar and Discourse
7. The name is absent
8. The name is absent
9. Financial Development and Sectoral Output Growth in 19th Century Germany
10. AN IMPROVED 2D OPTICAL FLOW SENSOR FOR MOTION SEGMENTATION
11. A Rare Presentation of Crohn's Disease
12. Empirically Analyzing the Impacts of U.S. Export Credit Programs on U.S. Agricultural Export Competitiveness
13. Who is missing from higher education?
14. Computational Batik Motif Generation Innovation of Traditi onal Heritage by Fracta l Computation
15. Unilateral Actions the Case of International Environmental Problems
16. Co-ordinating European sectoral policies against the background of European Spatial Development
17. LAND-USE EVALUATION OF KOCAELI UNIVERSITY MAIN CAMPUS AREA
18. The name is absent
19. Structural Conservation Practices in U.S. Corn Production: Evidence on Environmental Stewardship by Program Participants and Non-Participants
20. FUTURE TRADE RESEARCH AREAS THAT MATTER TO DEVELOPING COUNTRY POLICYMAKERS