Searching for the Correct Benefit Estimate: Empirical Evidence for an Alternative Perspective
对比了条件价值法、特征价格法和财产损失避免法三种技术对防洪项目效益的估计，发现结果差异显著，并基于公投行为提出解释这些差异的替代视角。
This paper contrasts the results of the contingent valuation, hedonic price, and property damages avoided valuation techniques. Each technique was used to estimate the value of flood risk reduction from the construction of a flood control project. Voting behavior in a referendum called specifically for the provision of the project was used to further interpret the results from the three valuation studies. Substantial differences were found between the estimates. In explaining these differences an alternative perspective on the current debate over the validity and accuracy of nonmarket value estimates is offered.