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Re-examining empirical evidence on contingent valuation – Importance of incentive compatibility
Zawojska, Ewa; Czajkowski, Mikołaj - Wydział Nauk Ekonomicznych, Uniwersytet Warszawski - 2015
regarding CV’s validity: do the value estimates obtained from a CV study reflect respondents’ true preferences and their maximum … willingness to pay? Numerous empirical investigations have tested CV’s validity, but overall conclusions are mixed. We critically …
Persistent link: https://www.econbiz.de/10011201859
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The Individual Travel Cost Method with Consumer-Specific Values of Travel Time Savings
Czajkowski, Mikołaj; Giergiczny, Marek; Kronenberg, Jakub - Wydział Nauk Ekonomicznych, Uniwersytet Warszawski - 2015
The treatment of the opportunity cost of travel time in travel cost models has been an area of research interest for many decades. This analysis develops a methodology to combine the travel distance and travel time data with respondent-specific estimates of the value of travel time savings. The...
Persistent link: https://www.econbiz.de/10011201860