Showing 1 - 10 of 40
This paper demonstrates a set of necessary conditions that should generate unbiased, internally consistent estimates of willingness to pay (WTP) from a double referendum mechanism. These conditions are also sufficient for demand revelation in an experimental laboratory environment. However, the...
Persistent link: https://www.econbiz.de/10013076297
Surveys used to elicit values for environmental public goods often employ variants of the referendum mechanism due to the cognitive simplicity and familiarity of respondents with the mechanism. One variant, the double referendum mechanism, requires respondents to state twice how they would vote...
Persistent link: https://www.econbiz.de/10013076299
Hypothetical contingent valuation surveys used to elicit values for environmental and other public goods often employ variants of the referendum mechanism due to the cognitive simplicity and familiarity of respondents with this voting format. One variant, the double referendum mechanism,...
Persistent link: https://www.econbiz.de/10013076300
This paper demonstrates the potential for induced preference experiments to test previously unverified explanations of observed behavior in contingent valuation surveys. The NOAA Panel on Contingent Valuation called for experimental evidence on potential biases in the double referendum format....
Persistent link: https://www.econbiz.de/10013076301
Despite 10 years of research on behavior in hypothetical referenda, conflict remains in the literature on whether or not the mechanism generates biased responses compared to real referenda, and the nature and source of any such bias. Almost all previous inquiry in respect of this issue has...
Persistent link: https://www.econbiz.de/10013076330
Data from a large-scale contingent valuation study are used to investigate the effects of forest attributes on willingness to pay for forest recreation in Ireland. In particular, the presence of a nature reserve in the forest is found to significantly increase the visitors' willingness to pay. A...
Persistent link: https://www.econbiz.de/10011608475
Data from a large-scale contingent valuation study are used to investigate the effects of forest attributes on willingness to pay for forest recreation in Ireland. In particular, the presence of a nature reserve in the forest is found to significantly increase the visitors' willingness to pay. A...
Persistent link: https://www.econbiz.de/10005570301
It is crucial to more thoroughly understand discounting behaviour because it has important implications for designing interventions with financial incentives for behavioural change. This means examining discounting functional forms as well as discount rates and establishing their impacts across...
Persistent link: https://www.econbiz.de/10012968473
Data from a large scale contingent valuation study are used to investigate the effects of forest attributes on willingness to pay for forest recreation in Ireland. In particular, the presence of a nature reserve in the forest is found to significantly increase the visitors? willingness to pay. A...
Persistent link: https://www.econbiz.de/10014196432
We investigate the reliability of transferring benefit estimates of forest recreation obtained from discrete choice CV data and conditional on forest-specific attributes. The transfer reliability is checked against the forest-specific estimates of mean and median willingness to pay. We report...
Persistent link: https://www.econbiz.de/10014159411