Valuing Environmental and Natural Resources
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Valuing Environmental and Natural Resources

The Econometrics of Non-market Valuation

Timothy C. Haab and Kenneth E. McConnell

Non-market valuation has become a broadly accepted and widely practiced means of measuring the economic values of the environment and natural resources. In this book, the authors provide a guide to the statistical and econometric practices that economists employ in estimating non-market values.
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Chapter 3: Distribution-Free Models for Contingent Valuation

Timothy C. Haab and Kenneth E. McConnell


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