K.S. Carson
United States Air Force Academy
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Featured researches published by K.S. Carson.
Applied Economics | 2009
A.C. Burton; K.S. Carson; S. M. Chilton; W. George Hutchinson
Hypothetical contingent valuation surveys used to elicit values for environmental and other public goods often employ variants of the referendum mechanism due to the cognitive simplicity and familiarity of respondents with this voting format. One variant, the double referendum mechanism, requires respondents to state twice how they would vote for a given policy proposal given their cost of the good. Data from these surveys often exhibit anomalies inconsistent with standard economic models of consumer preferences. There are a number of published explanations for these anomalies, mostly focusing on problems with the second vote. This article investigates which aspects of the hypothetical task affect the degree of nondemand revelation and takes an individual-based approach to identifying people most likely to non-demand reveal. A clear profile emerges from our model of a person who faces a negative surplus i.e. a net loss in the second vote and invokes non self-interested, non financial motivations during the decision process.
Western Economic Association 83rd Annual Conference. | 2012
K.S. Carson; S. M. Chilton; W. George Hutchinson
This paper reports the results of an experiment in which subjects with fuzzy induced values vote in a public goods referendum. The experiments demonstrate that if subjects’ preferences for a good are vague in the sense described by fuzzy numbers, their behavior in a referendum for a public good diverges significantly from what standard utility theory predicts when preferences are crisp. By exploiting the direct link between multiple bound uncertainty choice elicitation and fuzzy numbers we are subsequently able to incorporate this feature into the analysis of field willingness to pay data and demonstrate how information about the fuzziness of a respondent’s preferences obtained from payment card survey data can be incorporated into an interval data estimator of willingness to pay.
Chapters | 2009
K.S. Carson
This paper summarizes the results of two experiments designed to evaluate the applicability of incentive compatible mechanisms such as the pivot mechanism to determine the public’s preferences for environmental public goods. The first experiment employs a variant of the pivot mechanism to determine the appropriate level of a public good that is available in three discrete quantities. Although traditional public goods mechanisms determine the allocation of the good in continuously variable quantities, for many environmental public goods, such as the cleanup of a hazardous waste site, there may be only several discrete options that are feasible. The results indicate that using the pivot mechanism can result in truthful revelation of preferences for the public good, and hence selection of the optimal amount of the program to be implemented. The second experiment compares the ability of real and hypothetical versions of the pivot mechanism and provision point mechanism to generate accurate estimates of the public’s willingness to pay for open space. The results provide mixed evidence of real and hypothetical versions of each mechanism to generate unbiased willingness to pay estimates.
Environmental and Resource Economics | 2007
A.C. Burton; K.S. Carson; S. M. Chilton; W. George Hutchinson
Journal of Environmental Economics and Management | 2003
A.C. Burton; K.S. Carson; S. M. Chilton; W. George Hutchinson
Journal of Environmental Economics and Management | 2009
K.S. Carson; S. M. Chilton; W. George Hutchinson
American Economic Association Annual Meeting [Session on Methodological Advances in Environmental Valuation. Anna Alberini University of Maryland Presiding] | 2001
A.C. Burton; K.S. Carson; S.M. Chilton; George Hutchinson
EAERE Conference | 2008
K.S. Carson; S. M. Chilton; George Hutchinson
EAERE Annual Conference | 2008
K.S. Carson; S. M. Chilton; George Hutchinson
Archive | 2006
K.S. Carson; S. M. Chilton; W. George Hutchinson