A note on the warm glow of giving and scope sensitivity in contingent valuation studies
نویسنده
چکیده
This note develops a behavioral framework to classify individual contingent valuation (CV) respondents in terms of the warm glow and altruistic motives in their WTP responses. We suggest that at least ®ve possible behavioral categories for CV responses may exist, depending on the type of underlying preferences and whether respondents are satiated or non-satiated with respect to the good. An empirical example suggests that the warm glow motive may be present in the majority of bids, although its presence does not necessarily preclude scope sensitivity to the quantity/quality of an environmental good. Ó 2000 Elsevier Science B.V. All rights reserved. PsycINFO classi®cation: 4070 JEL classi®cation: H49
منابع مشابه
Warm glow, free-riding and vehicle neutrality in a health-related contingent valuation study.
Criticism of contingent valuation (CV) stresses warm glow and free-riding as possible causes for biased willingness to pay figures. We present an empirical framework to study the existence of warm glow and free-riding in hypothetical WTP answers based on a CV survey for the measurement of health-related Red Cross services. Both in conventional double-bounded and spike models we do not find indi...
متن کاملHow to ‘Sell’ an Environmental Good: Using Labels to Investigate Scope Effects
Insufficient sensitivity to scope remains one of the pivots of criticism addressed at validity of stated preference methods. Many studies demonstrate failure of a scope test of some sort, while many others show that WTP responses are sensitive to the scope of environmental change. Despite some existing explanations and reasons for insensitivity to scope (embedding, warm glow, uncertainty over s...
متن کاملDeterminants of Insensitivity to Quantity in Valuation of Public Goods: Contribution, Warm Glow, Budget Constraints, Availability, and Prominence
Insensitivity to quantity in valuation appears in 3 ways: embedding (when willingness to pay for a good is smaller if assessed after a superordinate good), insensitivity to numerical quantity, and adding up (when willingness to pay for 2 goods is less than inferred from willingness to pay for each good alone). Results of 11 experiments on these effects are generally inconsistent with 3 accounts...
متن کاملValuation of Groundwater Resources in Agricultural uses: Bijar,Iran
The agricultural sector is of particular importance in the city of Bijar. Thus, the economic value perunit of water applid to the side effects of excessive groundwater resources in this area has a utmostimportance. Payment for estimation of water on a suitable production function was estimated revenueproducers. Therefore in this study to estimate the economic value of water resources in agricul...
متن کاملValue assessment of aesthetic function of Sarbijan mountain’s rangeland using Contingent Valuation Method (CVM) South of Kerman province, Iran
Aesthetic is an added value to other precious values of rangelands and helps its ecosystem conservation. Unfortunately, there is not plenty of researches run on this issue and its probable value. Instead emphasis has put on ecosystem management especially on the basis of marketable products. In this study, the people willingness to pay for the aesthetic of Sarbijan rangeland landscapes and its ...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
عنوان ژورنال:
دوره شماره
صفحات -
تاریخ انتشار 2000