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This article extends the discussion introduced in this journal by Haab et al. (2013), who critique a 2012 article on contingent valuation (CV) by Hausman. We agree with Haab et al. “that the intellectual debate over [CV] is ongoing and that plenty of work remains to be done for the truly curious researcher” (593). However, our paper illuminates the limitations of current approaches to guide future research.
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Desvousges et al. (2016) studied this question.
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