The Provision Point Mechanism and Scenario Rejection in Contingent Valuation
نویسندگان
چکیده
منابع مشابه
Provision 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 کاملControlling Starting-point Bias in Double-bounded Contingent Valuation Surveys Controlling Starting-point Bias in Double-bounded Contingent Valuation Surveys
In this paper, we study starting point bias in double-bounded contingent valuation surveys. This phenomenon arises in applications that use multiple valuation questions. Indeed, response to follow-up valuation questions may be influenced by the bid proposed in the initial valuation question. Previous researches have been conducted in order to control for such an effect. However, they find that ...
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 کاملThe provision point mechanism with reward money
We introduce reward money into the provision point mechanism with refunds. Reward money is distributed among the contributors in proportion to their contributions only when the provision point is not reached. In environments without aggregate uncertainty, the provision point is always reached in equilibrium as competition for reward money and preference for the public good induce sufficient con...
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: Agricultural and Resource Economics Review
سال: 2009
ISSN: 1068-2805,2372-2614
DOI: 10.1017/s1068280500003257