Efficiency gains afforded by improved bid design versus follow-up valuation questions in discrete-choice CV studies.
A study was conducted to compare the efficiency gains derived from improved bid design as against those of follow-up valuation questions in discrete-choice contingent-valuation studies. Data were gathered from an assessment of the respective gains on willingness-to-pay estimates from an empirical a...
| Publicado en: | Land Economics Vol. 76; no. 2; pp. 299 - 312 |
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| Autores principales: | , |
| Formato: | Artículo |
| Publicado: |
University of Wisconsin Press
May 2000
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| Acceso en línea: | Ver este registro en EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=ssf&AN=511163948&site=ehost-live header: @attributes: shortDbName: ssf uiTerm: 511163948 longDbName: Social Sciences Full Text (H.W. Wilson) uiTag: AN controlInfo: bkinfo: jinfo: jid: 00237639 LAE jtl: Land Economics issn: 00237639 maglogo: N pubinfo: dt: May 2000 vid: 76 iid: 2 pid: 249 pub: University of Wisconsin Press artinfo: ui: 511163948 10.2307/3147230 ppf: 299 ppct: 13 formats: fmt: – @attributes: type: T – @attributes: type: P size: 940KB tig: atl: Efficiency gains afforded by improved bid design versus follow-up valuation questions in discrete-choice CV studies. aug: au: Scarpa, Riccardo Bateman, Ian su: Contingent valuation Monte Carlo method Social surveys -- Methodology sug: subj: Contingent valuation Monte Carlo method Social surveys -- Methodology ab: A study was conducted to compare the efficiency gains derived from improved bid design as against those of follow-up valuation questions in discrete-choice contingent-valuation studies. Data were gathered from an assessment of the respective gains on willingness-to-pay estimates from an empirical application and a Monte Carlo experiment comparing three different bid designs. Findings reveal that the initial follow-up captures in excess of 50 percent of the efficiency gains delivered by a subsequent follow-up. Findings imply that comparable gains to those achieved by one and two follow-up questions are delivered by improved—albeit still suboptimal—bid design. pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: N holdings: @attributes: islocal: N |
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