Contingent Valuation And Football: The Quantification Of The Willingness To Pay
AbstractThis article analyses if there is any effect of the elicitation question format on the estimation, through the contingent valuation method, of the value of public goods generated by a Spanish football team. The significant differences found in the results obtained through the application of Tobit and logit models, using data stemming from a survey with a dichotomous choice with open-ended follow-up questionnaire, carried out by means of personal interviews to a sample of 800 individuals, confirm that hypothesis, so values obtained in previous studies should be considered cautiously.
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Bibliographic InfoArticle provided by University of Santiago de Compostela. Faculty of Economics and Business. in its journal Revista Galega de Economía.
Volume (Year): 17 (2008)
Issue (Month): 1 ()
Contingent valuation method / Elicitation question format bias / Public goods / Tobit & logit models;
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