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  • 标题:Quality of Life as an Explanation of the Divergence between Ranchers’' WTA and WTP for Public Forage
  • 本地全文:下载
  • 作者:Sun, Lili ; van Kooten, G. Cornelis ; Voss, Graham M.
  • 期刊名称:Journal of Agribusiness
  • 印刷版ISSN:0738-8950
  • 出版年度:2006
  • 期号:suppl
  • 出版社:Journal of Agribusiness
  • 摘要:This research provides empirical support for divergence between WTA and WTP, based on results from a 2002 survey of Nevada ranchers. WTP for public forage and WTA compensation to part with grazing rights are estimated simultaneously, with the estimators demonstrating a statistically significant divergence while enabling identification of ranch characteristics that influence the discrepancy in valuations. We conclude that ranching lifestyle (quality of life) accounts for some of the difference between WTP and WTA.
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