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Structure, Conduct, And Performance In Contingent Markets

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  • Bergstrom, John C.
  • Stoll, John R.

Abstract

Understanding relationships between market structure, conduct, and performance is argued to be important for proper design of contingent markets. Such an understanding may be gained through experimental economics methodology, as demonstrated by a study of Impacts of information quantity, complexity, and display on "information overload" in a simple contingent market.

Suggested Citation

  • Bergstrom, John C. & Stoll, John R., 1986. "Structure, Conduct, And Performance In Contingent Markets," 1986 Annual Meeting, July 27-30, Reno, Nevada 278158, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea86:278158
    DOI: 10.22004/ag.econ.278158
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    References listed on IDEAS

    as
    1. Bergstrom, John C. & Dillman, B. L. & Stoll, John R., 1985. "Public Environmental Amenity Benefits of Private Land: The Case of Prime Agricultural Land," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 17(1), pages 139-149, July.
    2. Smith, Vernon L, 1982. "Microeconomic Systems as an Experimental Science," American Economic Review, American Economic Association, vol. 72(5), pages 923-955, December.
    3. David Brookshire & Thomas Crocker, 1981. "The advantages of contingent valuation methods for benefit-cost analysis," Public Choice, Springer, vol. 36(2), pages 235-252, January.
    4. William D. Schulze & Ralph C. d'Arge & David S. Brookshire, 1981. "Valuing Environmental Commodities: Some Recent Experiments," Land Economics, University of Wisconsin Press, vol. 57(2), pages 151-172.
    5. 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.
    6. Bergstrom, John C. & Stoll, John R., 1985. "Cognitive Decision Processes, Information, and Contingent Valuation," 1985 Annual Meeting, August 4-7, Ames, Iowa 278589, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    7. Brookshire, David S, et al, 1982. "Valuing Public Goods: A Comparison of Survey and Hedonic Approaches," American Economic Review, American Economic Association, vol. 72(1), pages 165-177, March.
    8. 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.
    9. Samples, Karl C. & Dixon, John A. & Gowen, Marcia M., 1985. "Information Disclosure And Endangered Species Valuation," 1985 Annual Meeting, August 4-7, Ames, Iowa 278634, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    10. Peter Bohm, 1971. "An Approach to the Problem of Estimating Demand for Public Goods," Palgrave Macmillan Books, in: Peter Bohm & Allen V. Kneese (ed.), The Economics of Environment, pages 94-105, Palgrave Macmillan.
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    Keywords

    Financial Economics; Marketing;

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