Campbell, C.; Vedel, S.; Jacobsen, J.; Thorsen, B. - In: Scandinavian Forest Economics: Proceedings of the …, 44
This paper addresses the question of how to adequately model empirical variation in willingness to pay (WTP) for a public good and demonstrates the importance of appropriate modelling of heterogeneity for policy and decision making on public good provision. Even if on average voters are to gain...