given the specific geographic and spatial location of rural areas in developing countries, to bring agrochemical to the rural farming households, it is argued, may have to come at a cost over and above the normal price it is sold in market. to this end, this work focuses on the willingness of rural farming households to pay more than the mean average regional retail price for agrochemicals in k...

this study determines the consumers’ willingness to pay for organic milk in tehran by using contingent valuation method and single bounded dichotomous choice questionnaire. logit regression model was used to evaluate the effect of explanatory variables on willingness to pay and the model parameters were estimated by using maximum likelihood approach. for this purpose, 450 questionnaires were co...

background: air pollution in tehran, capital of iran is responsible for several diverse negative effects. it has been estab­lished that air pollution can affect human health. these health effects include increased hospital admissions due to the ex­acerba­tion of cardiac and respiratory diseases, as well as symptoms such as headache, cough, eye irritation, nausea, sputum and even death in the mo...

groundwater can be used directly or indirectly and any decline in its quality or quantity maynegatively impact the environment. through groundwater valuation, people are made aware of the fact thatgroundwater is not free of charge and therefore the significance of groundwater preservation is established. in this study, groundwater quality preservation value has been estimated for the city of ya...

In this paper, we provide an analytic valuation method for European-type contingent claims with multiple underlying assets under a stochastic market environment. We employ a twostate Markov regime-switching volatility in order to reflect the stochastically-changing market environment. The method is developed by exploiting the probability densities of the occupation times for which the underlyin...

Using trout producer survey data and the contingent valuation method, we estimate willingness to pay for a potential insurance policy. The survey was conducted in 2005 across the United States; 268 producers completed the survey instrument, resulting in a response rate of 81 percent. Design of the contingent valuation method takes into account two coverage levels and four premium rates. Using s...