Johannesson, Magnus; Liljas, Bengt; Johansson, Per-Olov - In: Applied Economics 30 (1998) 5, pp. 643-647
In this paper the results of an experiment comparing the dichotomous choice (DC) contingentvaluation (CV) approach with real purchase decisions for a consumer good are reported. In addition to comparing the standard DC CV approach with real decisions, we also test the hypothesis that a more...