aem250 hw5 - Q2. 1. Briefly discuss your results. Consider...

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Q2. 1. Briefly discuss your results. Consider how your results might have been different if you had chosen a different value elicitation approach. Using the direct opened ended approach, I surveyed 6 people and asked each how much they would be willing to pay in order to remove the dams and restore the salmon population on the Elwha River. I formatted my questions as: If this measure would cost you some amount of money every year for the foreseeable future, what is the highest amount you would pay annually and still support this measure? [WRITE IN THE HIGHEST DOLLAR AMOUNT AT WHICH YOU WOULD STILL SUPPORT THIS MEASURE] Three of the six people I surveyed told me that they would not be willing to contribute any money towards this project, while the remaining three said that they would be willing to contribute $.50, $1, and $2 annually. While these results are positive, they are still extremely low relative to the results found in the case study. I believe the zero value and the very low values people were willing to contribute may be due to several factors. One factor may be the limited information provided. The amount of information provided and the way it is worded does not elicit a sense of urgency, and thus, the situation may not come across to the people I surveyed as being of extreme importance. Another factor may be the limited knowledge of the people I surveyed, which led to their lack of care for the situation. All 6 of the people I surveyed told me
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aem250 hw5 - Q2. 1. Briefly discuss your results. Consider...

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