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Title
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Economic evaluation of nitrate in groundwater : A contingent valuation survey in Northwest Florida.
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Creator
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Carmen J. Lyttle-N'Guessan
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Abstract/Description
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A double-bounded dichotomous choice contingent valuation survey was administered to 2,000 residents of Franklin and Gulf Counties, Florida, with the objective of documenting any bias as a result of the institutional basis in the hypothetical payment vehicle. The mean willingness to pay (WTP) estimates for state and private payment vehicles are $4.39 and $5.08 per month respectively, significantly different at the 0.15 level. This is evidence of the importance in choosing the institutional...
Show moreA double-bounded dichotomous choice contingent valuation survey was administered to 2,000 residents of Franklin and Gulf Counties, Florida, with the objective of documenting any bias as a result of the institutional basis in the hypothetical payment vehicle. The mean willingness to pay (WTP) estimates for state and private payment vehicles are $4.39 and $5.08 per month respectively, significantly different at the 0.15 level. This is evidence of the importance in choosing the institutional foundation for the payment vehicle. The major determinants of WTP appear to be education, perception of existing water quality and the attitudes of respondents towards the environment. However, WTP responses may vary temporally and spatially with differences in demographics and goods and services valued.
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Date Issued
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2003
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Identifier
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AM00000305_00001, famu:49739
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Format
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E-book