Dynamic Learning and Context-Dependence in Sequential, Attribute-Based Contingent Valuation
نویسندگان
چکیده
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.
منابع مشابه
Dynamic Learning and Context-Dependence in Sequential, Attribute-Based, Stated-Preference Valuation Questions
A hybrid stated-preference model is presented 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 mailout mail-back format. Econometric analysis shows greater discrimination between alternatives in the final choice in the sequence, and the vector of preference para...
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