Respondent uncertainty in contingent valuation: the case of whale conservation in Newfoundland and Labrador
In this article we investigate the issue of respondent uncertainty in contingent valuation studies while estimating the willingness to pay for a whale conservation program off the coasts of Newfoundland and Labrador. We use data from a phone survey administered to a sample (<italic>N</italic> = 614) of adult Canadians, proposing a policy consisting of subsidizing and enforcing the use of acoustic devices that would reduce the likelihood that whales become entangled in fishing nets. A follow-up question asked respondents how certain they were about their answer to the main dichotomous-choice question, which allows us to investigate how the treatment of uncertainty affects value measures. A mean willingness to pay of about $81/year per respondent is estimated when accounting for the degree of certainty with which respondents expressed their willingness to pay. We also analyse payment vehicle effects using a split-sample approach whereby some respondents were asked a dichotomous-choice question about a tax contribution while others were asked about a voluntary donation instead.
Year of publication: |
2012
|
---|---|
Authors: | Lyssenko, Nikita ; Martínez-Espiñeira, Roberto |
Published in: |
Applied Economics. - Taylor & Francis Journals, ISSN 0003-6846. - Vol. 44.2012, 15, p. 1911-1930
|
Publisher: |
Taylor & Francis Journals |
Saved in:
Online Resource
Saved in favorites
Similar items by person
-
Lyssenko, Nikita, (2012)
-
Correcting for the endogeneity of pro-environment behavioral choices in contingent valuation
Martínez-Espiñeira, Roberto, (2011)
-
Correcting for the endogeneity of pro-environment behavioral choices in contingent valuation
Martínez-Espiñeira, Roberto, (2011)
- More ...