Contingent Valuation and Collective Choice.

Contingent valuation (CV) is a widely used but controversial survey-based technique for estimating the nonmarket benefits of environmental goods and services. This study is the first to compare the outcome of a self-contained CV survey with the outcome of a collective decision, by contrasting hypoth...

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Publicado en:Kyklos Vol. 59; no. 1; pp. 115 - 136
Autores principales: Shläpfer, Felix, Hanley, Nick
Formato: Artículo
Publicado: Wiley-Blackwell 2006
Materias:
Acceso en línea:Ver este registro en EBSCOhost
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        atl: Contingent Valuation and Collective Choice.
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          Shläpfer, Felix
          Hanley, Nick
      su:
        Contingent valuation
        Social choice
        Voting
        Switzerland
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        subj:
          Switzerland
          Contingent valuation
          Social choice
          Voting
      ab: Contingent valuation (CV) is a widely used but controversial survey-based technique for estimating the nonmarket benefits of environmental goods and services. This study is the first to compare the outcome of a self-contained CV survey with the outcome of a collective decision, by contrasting hypothetical willingness to pay with willingness to pay inferred from aggregate voting returns and tax liability distributions. The empirical dataset is from a CV survey and a referendum on a proposition to increase financing for landscape and heritage protection in the canton of Zurich, Switzerland. Voting-based willingness to pay was only a small function of stated willingness to pay, indicating an inflation in values due to the hypothetical context. Reprinted by permission of the publisher.
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    language: English
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