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- Title
OPTION VALUE: EMPIRICAL EVIDENCE FROM A CASE STUDY OF RECREATION AND WATER QUALITY: REPLY.
- Authors
Greenley, Douglas A.; Walsh, Richard G.; Young, Robert A.
- Abstract
Presents a response of Douglas A. Greenly, Richard G. Walsh, Robert A. Young to the comment about their article "Option Value: Empirical Evidence From a Case Study of Recreation and Water Quality," by Robert Cameron Mitchell and Richard T. Carson. Payment vehicle and starting point; Option value and option price; Guidelines for estimating the benefits of recreation and environmental quality.
- Subjects
PRICING; SALES tax; OPTION value; LABOR incentives; WAGES; WILLINGNESS to pay
- Publication
Quarterly Journal of Economics, 1985, Vol 100, Issue 1, p295
- ISSN
0033-5533
- Publication type
Article
- DOI
10.2307/1885749