Payment Certainty in Discrete Choice Contingent Valuation Responses: Results from a Field Validity Test
نویسندگان
چکیده
منابع مشابه
Construct Validity of Dichotomous and Polychotomous Choice Contingent Valuation Questions* Running Head: Validity of DC and PC Contingent Valuation
In this note we conduct construct validity tests for dichotomous choice (DC) and polychotomous choice (PC) contingent valuation questions. Contrary to previous results, we find that DC and PC estimates of willingness to pay are theoretically valid, convergent valid, and similar in terms of statistical precision. Similar to previous results, PC respondents are less sensitive to information than ...
متن کاملConstruct Validity of Dichotomous and Polychotomous Choice Contingent Valuation Questions
In this note we conduct construct validity tests for dichotomous choice (DC) and polychotomous choice (PC) contingent valuation questions. Contrary to previous results, we find that DC and PC estimates of willingness to pay are theoretically valid, convergent valid, and similar in terms of statistical precision. Similar to previous results, PC respondents are less sensitive to information than ...
متن کاملProvision Point Mechanisms and Field Validity Tests of Contingent Valuation
Past field validity tests of contingent valuation have relied on voluntary contribution mechanisms to elicit actual willingness to pay, and may overestimate hypothetical bias because of free riding in the actual contributions. This paper argues that provision point mechanisms are a preferred alternative for field validity tests of contingent valuation because they increase the proportion of dem...
متن کاملHandling Protest Responses in Contingent Valuation Surveys.
OBJECTIVES Protest responses, whereby respondents refuse to state the value they place on the health gain, are commonly encountered in contingent valuation (CV) studies, and they tend to be excluded from analyses. Such an approach will be biased if protesters differ from non-protesters on characteristics that predict their responses. The Heckman selection model has been commonly used to adjust ...
متن کاملProtest Beliefs and Responses in Contingent Valuation and Choice Experiments: A Comparison
In the literature it is suggested that the number of protest responses can depend on the valuation method. Choice Experiments (CE) are said to generate a lower number of protest responses than Contingent Valuation (CV). In a project about forest biodiversity both CE and CV were used and protest beliefs of all respondents irrespective of their willingness to pay determined. According to our anal...
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ژورنال
عنوان ژورنال: Southern Economic Journal
سال: 2003
ISSN: 0038-4038
DOI: 10.2307/1061656