Can we apply travel cost method and contingent valuation method for the same data?

12 August 2015 1 2K Report

please provide me papers where both methods are applied.

The answer is yes, this can be done, there is no logical difficulty in shifting from revealed to stated preferences, provided that the survey to elicit the wtp is careful in what is asked particularly when a trip has multiple destinations. In our paper (Florio-Forte-Sirtori), arXiv July 2015, on the CBA of the LHC at CERN we used both methods, but not on exactly the same data.

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