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Protest Bidders In Contingent Valuation

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Author Info

  • Halstead, John M.
  • Luloff, A.E.
  • Stevens, Thomas H.
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    Abstract

    Protest bids are often excluded during analysis of contingent valuation method data. It is suggested that this procedure might introduce significant bias. Protest bids are often registered by respondents who may actually place a higher- or lower-than-average value on the commodity in question but refuse to pay on the basis of ethical or other reasons. Exclusion of protest bids may therefore bias willingness to pay (WTP) results, but the direction of bias is indeterminate a priori.

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    File URL: http://purl.umn.edu/29000
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    Bibliographic Info

    Article provided by Northeastern Agricultural and Resource Economics Association in its journal Northeastern Journal of Agricultural and Resource Economics.

    Volume (Year): 21 (1992)
    Issue (Month): 2 (October)
    Pages:

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    Handle: RePEc:ags:nejare:29000

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    Web page: http://www.narea.org/
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    Related research

    Keywords: Resource /Energy Economics and Policy;

    References

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    1. Reiling, Stephen D. & Boyle, Kevin J. & Cheng, Hsiang-Tai & Phillips, Marcia L., 1989. "Contingent Valuation Of A Public Program To Control Black Flies," Northeastern Journal of Agricultural and Resource Economics, Northeastern Agricultural and Resource Economics Association, vol. 18(2), October.
    2. Liu, Jin-Tan & Smith, V Kerry, 1990. " Risk Communication and Attitude Change: Taiwan's National Debate over Nuclear Power," Journal of Risk and Uncertainty, Springer, vol. 3(4), pages 331-49, December.
    3. Boyle, Kevin J., 1990. "Dichotomous-Choice, Contingent-Valuation Questions: Functional Form Is Important," Northeastern Journal of Agricultural and Resource Economics, Northeastern Agricultural and Resource Economics Association, vol. 19(2), October.
    4. Thomas H. Stevens & Jaime Echeverria & Ronald J. Glass & Tim Hager & Thomas A. More, 1991. "Measuring the Existence Value of Wildlife: What Do CVM Estimates Really Show?," Land Economics, University of Wisconsin Press, vol. 67(4), pages 390-400.
    5. Stephen D. Reiling & Kevin J. Boyle & Marcia L. Phillips & Mark W. Anderson, 1990. "Temporal Reliability of Contingent Values," Land Economics, University of Wisconsin Press, vol. 66(2), pages 128-134.
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