How do respondents with uncertain willingness to pay answer contingent valuation questions?

Four elicitation methods are compared in a split-sample, contingent-valuation study valuing avoidance of episodes of ill health linked to air pollution: two discrete methods and two more-continuous methods. Respondents to a traditional payment card (PC) question gave willingness-to-pay values that w...

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Publicado en:Land Economics Vol. 77; no. 3; pp. 315 - 327
Autores principales: Ready, Richard C., Navrud, Stå;le, Dubourg, W. Richard
Formato: Artículo
Publicado: University of Wisconsin Press August 2001
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Acceso en línea:Ver este registro en EBSCOhost
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        atl: How do respondents with uncertain willingness to pay answer contingent valuation questions?
      aug:
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          Ready, Richard C.
          Navrud, Stå;le
          Dubourg, W. Richard
      su:
        Contingent valuation
        Physiological effects of air pollution
        Air pollution
        Economics
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        subj:
          Contingent valuation
          Physiological effects of air pollution
          Air pollution
          Economics
      ab: Four elicitation methods are compared in a split-sample, contingent-valuation study valuing avoidance of episodes of ill health linked to air pollution: two discrete methods and two more-continuous methods. Respondents to a traditional payment card (PC) question gave willingness-to-pay values that were lower than those implied by dichotomous-choice (DC) responses. However, followup questions showed that DC respondents were less certain of their stated behavior than were PC respondents. When respondents were told to be “almost certain” of their responses, responses to the DC and the PC formats converged. (JEL Q21) Reprinted by permission of the publisher.
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