TEMPORAL INSENSITIVITY OF PVWTP AND IMPLIED DISCOUNT RATES IN CVM

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Kim, Sooil; Haab, Timothy C.;
(2003)
  • Subject: Research Methods/ Statistical Methods,

The sensitivity of WTP is tested in terms of the present value and the implied discount rates are derived by varying the length of benefit and the temporal payment schedules. Results show that holding the length of the project constant, the present value of willingness ... View more
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