Contingent Valuation and Incentives
AbstractWe empirically investigate the effect of the payment mechanism on contingent values by asking a willingness-to-pay question with one of three different payment mechanisms: individual contribution, contribution with provision point, and referendum. We find statistical evidence of more affirmative responses in the referendum treatment relative to the individual contribution treatment, some weak statistical evidence of more affirmative responses in the referendum treatment relative to the provision point treatment, and no statistical evidence of more affirmative responses in the provision point treatment relative to the individual contribution treatment. The relative credibility of the three payment mechanisms is also examined.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Bibliographic InfoArticle provided by University of Wisconsin Press in its journal Land Economics.
Volume (Year): 78 (2002)
Issue (Month): 4 ()
Contact details of provider:
Web page: http://le.uwpress.org/
Find related papers by JEL classification:
- H41 - Public Economics - - Publicly Provided Goods - - - Public Goods
- Q26 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Recreational Aspects of Natural Resources
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Schlapfer, Felix & Brauer, Ingo, 2007. "Theoretical incentive properties of contingent valuation questions: Do they matter in the field?," Ecological Economics, Elsevier, vol. 62(3-4), pages 451-460, May.
- Felix Schlaepfer & Marcel Schmitt & Anna Roschewitz, 2007.
"Competitive politics, simplified heuristics, and preferences for public goods,"
SOI - Working Papers
0712, Socioeconomic Institute - University of Zurich.
- Schläpfer, Felix & Schmitt, Marcel & Roschewitz, Anna, 2008. "Competitive politics, simplified heuristics, and preferences for public goods," Ecological Economics, Elsevier, vol. 65(3), pages 574-589, April.
- Lyssenko, Nikita & Martinez-Espineira, Roberto, 2009. "`Been there done that': Disentangling option value effects from user heterogeneity when valuing natural resources with a use component," MPRA Paper 21976, University Library of Munich, Germany, revised 08 Apr 2010.
- Beilei Cai & Trudy Cameron & Geoffrey Gerdes, 2010. "Distributional Preferences and the Incidence of Costs and Benefits in Climate Change Policy," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 46(4), pages 429-458, August.
- Henrik Lindhjem & Tran Tuan, 2012. "Valuation of species and nature conservation in Asia and Oceania: a meta-analysis," Environmental Economics and Policy Studies, Society for Environmental Economics and Policy Studies - SEEPS, vol. 14(1), pages 1-22, January.
- Bond, Craig A. & Cullen, Kelly Giraud & Larson, Douglas M., 2009. "Joint estimation of discount rates and willingness to pay for public goods," Ecological Economics, Elsevier, vol. 68(11), pages 2751-2759, September.
- Stithou, Mavra, 2009. "Respondent Certainty and Payment Vehicle Effect in Contingent Valuation: an Empirical Study for the Conservation of Two Endangered Species in Zakynthos Island, Greece," Stirling Economics Discussion Papers 2009-21, University of Stirling, Division of Economics.
- Flores, Nicholas E. & Strong, Aaron, 2007. "Cost credibility and the stated preference analysis of public goods," Resource and Energy Economics, Elsevier, vol. 29(3), pages 195-205, September.
- Kotchen, Matthew J. & Powers, Shawn M., 2006.
"Explaining the appearance and success of voter referenda for open-space conservation,"
Journal of Environmental Economics and Management,
Elsevier, vol. 52(1), pages 373-390, July.
- Matthew J. Kotchen & Shawn M. Powers, 2004. "Explaining The Appearance and Success of Voter Referenda For Open-Space Conservation," Department of Economics Working Papers 2004-06, Department of Economics, Williams College.
- John A. List & Robert P. Berrens & Alok K. Bohara & Joe Kerkvliet, 2004. "Examining the Role of Social Isolation on Stated Preferences," American Economic Review, American Economic Association, vol. 94(3), pages 741-752, June.
- Schlapfer, Felix, 2006. "Survey protocol and income effects in the contingent valuation of public goods: A meta-analysis," Ecological Economics, Elsevier, vol. 57(3), pages 415-429, May.
- Bernd Süssmuth & Malte Heyne & Wolfgang Maennig, 2010.
"Induced Civic Pride and Integration,"
Oxford Bulletin of Economics and Statistics,
Department of Economics, University of Oxford, vol. 72(2), pages 202-220, 04.
- Baranzini, Andrea & Faust, Anne-Kathrin & Huberman, David, 2010. "Tropical forest conservation: Attitudes and preferences," Forest Policy and Economics, Elsevier, vol. 12(5), pages 370-376, June.
- Felix Schlaepfer, 2007.
"Contingent valuation: a new perspective,"
SOI - Working Papers
0715, Socioeconomic Institute - University of Zurich.
- Peter A. Groothuis & John C. Whitehead, 2008.
"The Provision Point Mechanism and Scenario Rejection in Contingent Valuation,"
08-01, Department of Economics, Appalachian State University.
- Groothuis, Peter A. & Whitehead, John C., 2009. "The Provision Point Mechanism and Scenario Rejection in Contingent Valuation," Agricultural and Resource Economics Review, Northeastern Agricultural and Resource Economics Association, vol. 38(2), October.
- Hidano, Noboru & Kato, Takaaki & Aritomi, Masakazu, 2005. "Benefits of participating in contingent valuation mail surveys and their effects on respondent behavior: a panel analysis," Ecological Economics, Elsevier, vol. 52(1), pages 63-80, January.
- Henry-Osorio, Miguel & Mittelhammer, Ronald C., 2012. "An Information-Theoretic Approach to Modeling Binary Choices: Estimating Willingness to Pay for Recreation Site Attributes," 2012 Annual Meeting, August 12-14, 2012, Seattle, Washington 123432, Agricultural and Applied Economics Association.
- Whitehead, John C., 2005. "Combining willingness to pay and behavior data with limited information," Resource and Energy Economics, Elsevier, vol. 27(2), pages 143-155, June.
- Wiser, Ryan H., 2007. "Using contingent valuation to explore willingness to pay for renewable energy: A comparison of collective and voluntary payment vehicles," Ecological Economics, Elsevier, vol. 62(3-4), pages 419-432, May.
- Damigos, D. & Tourkolias, C. & Diakoulaki, D., 2009. "Households' willingness to pay for safeguarding security of natural gas supply in electricity generation," Energy Policy, Elsevier, vol. 37(5), pages 2008-2017, May.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ().
If references are entirely missing, you can add them using this form.