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Dealing with ignored attributes in choice experiments on valuation of Sweden’s environmental quality objectives

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Author Info
Carlsson, Fredrik () (Department of Economics, School of Business, Economics and Law, Göteborg University)
Kataria, Mitesh () (Department of Policy Analysis, National Environmental Research Institute)
Lampi, Elina () (Department of Economics, School of Business, Economics and Law, Göteborg University)

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Abstract

In this paper we use follow-up questions to investigate whether attributes have been ignored in a choice experiment on environmental goods. This information is subsequently used in the estimation of the model by restricting the individual parameters for the ignored attributes to zero. We then separately estimate the marginal willingness to pay (WTP) for the whole sample and for those who took all attributes into account. We find no significant differences in mean marginal WTP between these two models. However, when taking the shares of respondents who considered both the environmental and the cost attributes (52 -69 percent of the respondents) into account, then the marginal WTPs for each attribute change if the respondents who ignored the attributes have a zero WTP. Hence, not taking into account whether respondents have considered the attribute could give biased welfare estimates and wrong policy implications. We also investigate whether any socioeconomic characteristics can explain who ignores attributes, and find that very few of the variables are significant, indicating that we can only partly explain the behavior.

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File URL: http://hdl.handle.net/2077/9568
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Publisher Info
Paper provided by Göteborg University, Department of Economics in its series Working Papers in Economics with number 289.

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Length: 35 pages
Date of creation: 20 Feb 2008
Date of revision: 01 Mar 2009
Handle: RePEc:hhs:gunwpe:0289

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Postal: Department of Economics, School of Business, Economics and Law, Göteborg University Box 640, SE 405 30 GÖTEBORG, Sweden
Phone: 031-773 10 00
Web page: http://www.handels.gu.se/econ/
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Related research
Keywords: Choice experiment; WTP; ignoring attributes; follow-up question; environmental quality objectives;

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Find related papers by JEL classification:
D61 - Microeconomics - - Welfare Economics - - - Allocative Efficiency; Cost-Benefit Analysis
Q50 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - General
Q51 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Valuation of Environmental Effects

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