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Information and Willingness to Pay in a Contingent Valuation Study: The Value of S. Erasmo in the Lagoon of Venice

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Author Info
Anna Alberini (University of Maryland and Fondazione Eni Enrico Mattei)
Paolo Rosato (Dipartimento di Ingegneria Civile, Università degli Studi di Trieste)
Alberto Longo (Università di Venezia Ca’ Foscari and Fondazione Eni Enrico Mattei)
Valentina Zanatta (Dipartimento Casa Città, Politecnico di Torino)

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Abstract

This paper reports on a contingent valuation study eliciting willingness to pay for a public program for the preservation of lagoon, beach and infrastructure in the island of S. Erasmo in the Lagoon of Venice. A referendum dichotomous choice approach with a follow-up question is used to obtain information about willingness to pay from a sample of residents of the Veneto Region in Italy. We use split samples to investigate the effect of providing different levels of information to respondents before asking the payment questions. Our experimental treatment is a reminder of possible reasons for voting in favor or against the proposed program before the referendum question. We find that reminding respondents of the reasons for voting for or against the public works increases WTP among less highly educated respondents, and decreases WTP among more highly educated respondents.

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Paper provided by Fondazione Eni Enrico Mattei in its series Working Papers with number 2004.19.

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Date of creation: Feb 2004
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Handle: RePEc:fem:femwpa:2004.19

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Related research
Keywords: Contingent valuation; Effects of information;

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Find related papers by JEL classification:
Q0 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General
Q3 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation
Q26 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Recreational Aspects of Natural Resources

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Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Alberini Anna, 1995. "Efficiency vs Bias of Willingness-to-Pay Estimates: Bivariate and Interval-Data Models," Journal of Environmental Economics and Management, Elsevier, vol. 29(2), pages 169-180, September. [Downloadable!] (restricted)
  2. Jonathan Silberman & Daniel A. Gerlowski & Nancy A. Williams, 1992. "Estimating Existence Value for Users and Nonusers of New Jersey Beaches," Land Economics, University of Wisconsin Press, vol. 68(2), pages 225-236. [Downloadable!] (restricted)
  3. Trudy Ann Cameron & John Quiggin, 1992. "Estimation Using Contingent Valuation Data From a "Dichotomous Choice with Follow-Up" Questionnaire," UCLA Economics Working Papers 653, UCLA Department of Economics. [Downloadable!]
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  4. KyeongAe Choe & Dale Whittington & Donald T. Lauria, 1996. "The Economic Benefits of Surface Water Quality Improvements in Developing Countries: A Case Study of Davao, Philippines," Land Economics, University of Wisconsin Press, vol. 72(4), pages 519-537. [Downloadable!] (restricted)
  5. Kontogianni, Areti & Skourtos, Mihalis S. & Langford, Ian H. & Bateman, Ian J. & Georgiou, Stavros, 2001. "Integrating stakeholder analysis in non-market valuation of environmental assets," Ecological Economics, Elsevier, vol. 37(1), pages 123-138, April. [Downloadable!] (restricted)
  6. Loomis, John & Kent, Paula & Strange, Liz & Fausch, Kurt & Covich, Alan, 2000. "Measuring the total economic value of restoring ecosystem services in an impaired river basin: results from a contingent valuation survey," Ecological Economics, Elsevier, vol. 33(1), pages 103-117, April. [Downloadable!] (restricted)
  7. Gary Yohe & Michael Schlesinger, 2002. "The economic geography of the impacts of climate change," Journal of Economic Geography, Oxford University Press, vol. 2(3), pages 311-341, July.
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Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Sonia Akter & Jeff Bennett, 2009. "Household perceptions of climate change and preferences for mitigation action: the case of the Carbon Pollution Reduction Scheme in Australia," Environmental Economics Research Hub Research Reports 0919, Environmental Economics Research Hub, Crawford School, Australian National University. [Downloadable!]
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