Economic Synopses

New working paper: “They doth protest too much, methinks: Reply to ‘Reply to Whitehead’”

They doth protest too much, methinks: Reply to “Reply to Whitehead”

John C. Whitehead

No 24-04, Working Papers from Department of Economics, Appalachian State University

Abstract: Desvousges, Mathews and Train (2020) point out a mistake in my comment on their 2015 paper. When this mistake is corrected the conclusions drawn in my comment are unchanged. In addition, the authors claim that I make another 11 “mistakes”. In this paper I argue that these “mistakes” are mostly fairly standard practice in the contingent valuation method. Desvousges, Mathews and Train misread and distort this literature. In addition, I place the comments and reply in the context of a larger debate over using the Contingent Valuation Method for Natural Resource Damage Assessment.


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