Better than their reputation - A case for mail surveys in contingent valuation
AbstractThough contingent valuation is the dominant technique for the valuation of public projects, especially in the environmental sector, the high costs of contingent valuation surveys prevent the use of this method for the assessment of relatively small projects. The reason for this cost problem is that typically only contingent valuation studies which are based on face-to-face interviews are accepted as leading to valid results. Especially in countries with high wages face-to-face surveys are extremely costly considering that for a valid contingent valuation study a minimum of 1,000 completed face-to-face interviews is required. In this paper we try a rehabilitation of mail surveys as low-budget substitutes for costly face-to-face surveys. Based on an empirical contingent valuation study in Northern Thailand we show that the validity of mail surveys can be improved significantly if so-called citizen expert groups are employed for a thorough survey design.
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Bibliographic InfoPaper provided by Department of Economics, University of Hohenheim, Germany in its series Diskussionspapiere aus dem Institut für Volkswirtschaftslehre der Universität Hohenheim with number 297/2008.
Length: 20 pages
Date of creation: Jul 2008
Date of revision:
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Postal: D-70593 Stuttgart
Web page: http://www.uni-hohenheim.de/institution/institut-fuer-economics-11
More information through EDIRC
contingent valuation; Environmental Valuation; Equity;
Find related papers by JEL classification:
- D6 - Microeconomics - - Welfare Economics
- H4 - Public Economics - - Publicly Provided Goods
- L3 - Industrial Organization - - Nonprofit Organizations and Public Enterprise
- Q25 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Water
- Q51 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Valuation of Environmental Effects
This paper has been announced in the following NEP Reports:
- NEP-AGR-2008-07-30 (Agricultural Economics)
- NEP-ALL-2008-07-30 (All new papers)
- NEP-DCM-2008-07-30 (Discrete Choice Models)
- NEP-ENV-2008-07-30 (Environmental Economics)
- NEP-PPM-2008-07-30 (Project, Program & Portfolio Management)
- NEP-SEA-2008-07-30 (South East Asia)
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