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Research Note: Iterative Bid Design in Contingent Valuation and the Estimation of the Revenue Maximising Price for a Cultural Good

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  • K.G. Willis

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  • K.G. Willis, 2002. "Research Note: Iterative Bid Design in Contingent Valuation and the Estimation of the Revenue Maximising Price for a Cultural Good," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 26(4), pages 307-324, November.
    • Handle: RePEc:kap:jculte:v:26:y:2002:i:4:p:307-324
    DOI: 10.1023/A:1019903814513
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    1. J. Paul Combs & Rickey C. Kirkpatrick & Jason F. Shogren & Joseph A. Herriges, 1993. "Matching Grants and Public Goods: a Closed-Ended Contingent Valuation Experiment," Public Finance Review, , vol. 21(2), pages 178-195, April.
    2. Whittington, Dale & Briscoe, John & Mu, Xinming & Barron, William, 1990. "Estimating the Willingness to Pay for Water Services in Developing Countries: A Case Study of the Use of Contingent Valuation Surveys in Southern Haiti," Economic Development and Cultural Change, University of Chicago Press, vol. 38(2), pages 293-311, January.
    3. Walter Santagata & Giovanni Signorello, 2000. "Contingent Valuation of a Cultural Public Good and Policy Design: The Case of ``Napoli Musei Aperti''," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 24(3), pages 181-204, August.
    4. Brookshire, David S. & Ives, Berry C. & Schulze, William D., 1976. "The valuation of aesthetic preferences," Journal of Environmental Economics and Management, Elsevier, vol. 3(4), pages 325-346, December.
    5. Bateman, Ian J. & Langford, Ian H. & Jones, Andrew P. & Kerr, Geoffrey N., 2001. "Bound and path effects in double and triple bounded dichotomous choice contingent valuation," Resource and Energy Economics, Elsevier, vol. 23(3), pages 191-213, July.
    6. Thayer, Mark A., 1981. "Contingent valuation techniques for assessing environmental impacts: Further evidence," Journal of Environmental Economics and Management, Elsevier, vol. 8(1), pages 27-44, March.
    7. Langford, Ian H. & Bateman, Ian J., 1996. "Elicitation and truncation effects in contingent valuation studies," Ecological Economics, Elsevier, vol. 19(3), pages 265-267, December.
    8. Joseph Cooper & John Loomis, 1992. "Sensitivity of Willingness-to-Pay Estimates to Bid Design in Dichotomous Choice Contingent Valuation Models," Land Economics, University of Wisconsin Press, vol. 68(2), pages 211-224.
    9. Susana Mourato & Ece Ozdemiroglu & Tannis Hett & Giles Atkinson, 2004. "Pricing Cultural Heritage," World Economics, World Economics, 1 Ivory Square, Plantation Wharf, London, United Kingdom, SW11 3UE, vol. 5(3), pages 95-113, July.
    10. Kevin J. Boyle & Richard C. Bishop & Michael P. Welsh, 1985. "Starting Point Bias in Contingent Valuation Bidding Games," Land Economics, University of Wisconsin Press, vol. 62(2), pages 188-194.
    11. Rowe, Robert D. & D'Arge, Ralph C. & Brookshire, David S., 1980. "An experiment on the economic value of visibility," Journal of Environmental Economics and Management, Elsevier, vol. 7(1), pages 1-19, March.
    12. Don L. Coursey & John L. Hovis & William D. Schulze, 1987. "The Disparity Between Willingness to Accept and Willingness to Pay Measures of Value," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 102(3), pages 679-690.
    13. Randall, Alan & Ives, Berry & Eastman, Clyde, 1974. "Bidding games for valuation of aesthetic environmental improvements," Journal of Environmental Economics and Management, Elsevier, vol. 1(2), pages 132-149, August.
    14. K. G. Willis & N. A. Powe, 1998. "Contingent Valuation and Real Economic Commitments: A Private Good Experiment," Journal of Environmental Planning and Management, Taylor & Francis Journals, vol. 41(5), pages 611-619.
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    Cited by:

    1. Bruno S. Frey, "undated". "What Values Should Count in the Arts? The Tension between Economic Effects and Cultural Value," IEW - Working Papers 253, Institute for Empirical Research in Economics - University of Zurich.
    2. Mazzanti, Massimiliano, 2003. "Valuing cultural heritage in a multi-attribute framework microeconomic perspectives and policy implications," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 32(5), pages 549-569, November.
    3. Jones, Nikoleta & Sophoulis, Costas M. & Malesios, Chrisovaladis, 2008. "Economic valuation of coastal water quality and protest responses: A case study in Mitilini, Greece," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 37(6), pages 2478-2491, December.
    4. Isabel Mendes, 2015. "Tackling the Multidimensional Characteristics of Archaeological Heritage with Preference Based Approaches," International Journal of Finance, Insurance and Risk Management, International Journal of Finance, Insurance and Risk Management, vol. 5(4), pages 995-995.
    5. Agossadou, A.J. & Fiamohe, R. & Tossou, H. & Kinkpe, T., 2018. "Agribusiness opportunities for youth in Nigeria: Farmers perceptions and willingness to pay for mechanized harvesting equipment," 2018 Conference, July 28-August 2, 2018, Vancouver, British Columbia 277553, International Association of Agricultural Economists.
    6. Dr. Jadwiga Ziolkowska, 2009. "Environmental benefit, side effects and objective-oriented financing of agri-environmental measures: case study of Poland," International Journal of Business and Economic Sciences Applied Research (IJBESAR), International Hellenic University (IHU), Kavala Campus, Greece (formerly Eastern Macedonia and Thrace Institute of Technology - EMaTTech), vol. 2(1), pages 71-88, June.
    7. Bajaj, Akshi & Singh, S.P. & Nayak, Diptimayee, 2023. "Are farmers willing to pay for groundwater irrigation? Insights from informal groundwater markets in Western Uttar Pradesh, India," Agricultural Water Management, Elsevier, vol. 288(C).
    8. Boter, Jaap & Rouwendal, Jan & Wedel, Michel, 2004. "Employing Travel Costs to Compare the Use Value of Competing Cultural Organizations," Serie Research Memoranda 0011, VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics.
    9. Isabel Mendes, 2016. "Assessing the Values of Archaeological Heritage," Working Papers Department of Economics 2016/02, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa.
    10. Ugochukwu, Albert I. & Phillips, Peter W. B., 2019. "Canadian beef and dairy farmers’ attitudes towards animal vaccines," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 63(4), October.

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