Can immersive virtual reality increase respondents’ certainty in discrete choice experiments? A comparison with traditional presentation formats

نویسندگان

چکیده

Stated preference methods such as discrete choice experiments (DCEs) are used to elicit respondents' preferences and willingness pay (WTP) for environmental goods or services whose value cannot be observed in actual markets. However, DCEs may deliver biased estimates because of unfamiliarity with the hypothetical scenarios valued. There is evidence that visualization techniques can enhance cognitive ability improve evaluation interpretation complex information. We leverage recent technological advances create an immersive virtual reality environment delivered respondents via a head-mounted display order conduct split split-sample experiment on urban greenery (i.e., trees, bio-retention planters) using three different presentation formats (text only; video; reality). find (i) respondent certainty increased by employing more reality, (ii) format has significant impact WTP types green change respondents’ rank options considered study.

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ژورنال

عنوان ژورنال: Journal of Environmental Economics and Management

سال: 2021

ISSN: ['0095-0696', '1096-0449']

DOI: https://doi.org/10.1016/j.jeem.2021.102509