Contingent Valuation: A Practical Alternative when Prices Aren't Available
نویسندگان
چکیده
منابع مشابه
Contingent valuation: a new perspective
After several decades of academic research on the contingent valuation (CV) method a consistent behavioral explanation of ‘hypothetical bias’ is still lacking. Based on evidence from economics, economic psychology and the political sciences, I propose an explanation that is based on two simple working hypotheses about respondent behaviour in contingent valuation surveys. The first hypothesis is...
متن کاملValuation of tropical rainforests: philosophical and practical issues in the use of contingent valuation
This paper explores the possibility of using a large scale multi-country contingent valuation study for making decisions concerning global resources in the specific context of valuing a large set of tropical rainforests. Before considering the practical issues involved in implementing such a study, the paper addresses philosophical issues related to the use of contingent valuation including the...
متن کاملContingent Valuation and Incentives
We empirically investigate the effect of the payment mechanism on contingent values by asking a willingness-to-pay question with one of three different payment mechanisms: individual contribution, contribution with provision point, and referendum. We nd statistical evidence of more af rmative responses in the referendum treatment relative to the individual contribution treatment, some weak s...
متن کاملValuation of IT Courses - A Contingent Valuation Method Approach
To help the civil servants in both central and local governments in Taiwan operating administrative works smoothly under a new digitalized system launched in 1994, a series of courses related to information technology were offered free to them annually by the central governments. However, due to the budget deficit in recent years, the government is considering decreasing or completely canceling...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Journal of Economic Perspectives
سال: 2012
ISSN: 0895-3309
DOI: 10.1257/jep.26.4.27