Specification tests for mixed demand systems with an emphasis on combining contingent valuation and revealed data.

The writers examine the conditions under which welfare measurements can be undertaken in a world of market and nonmarket goods—most environmental goods—and their implications for applied work. They derive necessary and sufficient conditions for the existence of an underlying rational preference str...

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Bibliographic Details

Published in:	Journal of Environmental Economics & Management Vol. 38; no. 2; pp. 215 - 234
Main Authors:	Cunha-e-Sá, Maria, Ducla-Soares, Maria M.
Format:	Article
Published:	Academic Press Inc. September 1999
Subjects:	Contingent valuation Consumer preferences Mathematical models Information theory in economics Economic demand
Online Access:	View this record in EBSCOhost