@article{9079558b8d4a4dea8e51cac234f18de6,
title = "Contingent valuation and lost passive use: Damages from the Exxon Valdez oil spill",
abstract = "We report on the results of a large-scale contingent valuation (CV) study conducted after the Exxon Valdez oil spill to assess the harm caused by it. Among the issues considered are the design features of the CV survey, its administration to a national sample of U.S. households, estimation of household willingness to pay to prevent another Exxon Valdez type oil spill, and issues related to reliability and validity of the estimates obtained. Events influenced by the study's release are also briefly discussed.",
keywords = "Natural resource damage assessment",
author = "Carson, {Richard T.} and Mitchell, {Robert C.} and Michael Hanemann and Kopp, {Raymond J.} and Stanley Presser and Ruud, {Paul A.}",
note = "Funding Information: The authors wish to acknowledge the many contributions provided by Michael Conaway and Kerry Martin during the course of this study. Richard Bishop, Gardner Brown, Howard Schuman, Norbert Schwarz, Paul Slovic, and Robert Solow provided comments during the course of the study. We also thank Jon Krosnick, V. Kerry Smith, Jon Strand and journal referees who provided comments on earlier drafts. The State of Alaska provided funding for this study. Kopp acknowledges the partial support of the Alfred P. Sloan Foundation to the Welfare Economics Program at Resources for the Future. All opinions expressed in this paper are those of the authors and should not be attributed to the State of Alaska, the Alfred P. Sloan Foundation, or the authors{\textquoteright} home institutions. The authors bear sole responsibility for any errors or omissions.",
year = "2003",
month = jul,
day = "3",
doi = "10.1023/A:1024486702104",
language = "English (US)",
volume = "25",
pages = "257--286",
journal = "Environmental and Resource Economics",
issn = "0924-6460",
publisher = "Springer Netherlands",
number = "3",
}