Contingent valuation and real referendum behaviour
نویسندگان
چکیده
This paper compares contingent values for a hypothetical landscape protection programme with respondents’ voting behaviour in an actual referendum. We use the example of a proposed increase of expenditures for landscape protection in the canton of Zurich, Switzerland. In particular we examine (i) CVM bid magnitudes of the different voter groups, (ii) relationships between qualitative response categories, (iii) consistency of responses assuming tax increases are known, and (iv) associations with socio-economic characteristics. Results suggest a strong upward bias of hypothetical values, possibly indicating that many respondents failed to realistically consider their budget constraints in the hypothetical choice situation.
منابع مشابه
Dynamic Learning and Context-Dependence in Sequential, Attribute-Based Contingent Valuation
A hybrid stated-preference model is developed that combines the referendum contingent valuation response format with an experimentally designed set of attributes. A sequence of valuation questions is asked to a random sample in a mail-out mail-back format. Econometric analysis shows that willingness to pay for policy attributes is formed dynamically.
متن کاملExplaining the discrepancy between intentions and actions: the case of hypothetical bias in contingent valuation.
An experiment was designed to account for intention-behavior discrepancies by applying the theory of planned behavior to contingent valuation. College students (N = 160) voted in hypothetical and real payment referenda to contribute $8 to a scholarship fund. Overestimates of willingness to pay in the hypothetical referendum could not be attributed to moderately favorable latent dispositions. In...
متن کاملAnchors , Endorsements , and Preferences : A Field Experiment
This study investigates how access to political endorsements affects stated preferences for an environmental public good in Switzerland. We developed a contingent valuation survey questionnaire with two valuation questions, the first formulated as a (hypothetical) policy referendum, the second an open-ended WTP question. For the referendum question we solicited endorsements from a range of poli...
متن کاملIndividuals’ Valuation Distributions: Theory & Measurement1
Traditional economic valuation approaches assume that each individual has a single "true" value for a good or service in her mind that can be retrieved at will. Instead, we contend that an individual’s maximum willingness to pay (WTP) is best viewed as a random variable with an associated distribution. To measure individuals’ valuation distributions, we propose a new contingent valuation (CV) e...
متن کاملUsing contingent valuation to value a noxious weeds control program: the effects of including an unsure response category
The National Oceanic and Atmospheric Administration Contingent Valuation panel recommended that a response category be included along with the vote in favor and vote against options associated with a referendum contingent valuation question that allows individuals to express lack of a well defined opinion. However, the recommendation did not include guidance on how to analyze such responses. In...
متن کامل