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Individual Responsiveness to Information in CV Surveys : Commitment Matters

Author

Listed:
  • Olivier Chanel
  • Susan Cleary
  • Stéphane Luchini

Abstract

This paper enquires into the responsiveness of individuals to information in Contingent Valuation (CV). The impact of information is assessed using a sequential procedure in which individuals are successively presented with different levels of information. Two different types of information have been provided: scientific information about the good and information about the willingness to pay (WTP) values of the other respondents. Responsiveness to information is studied using an innovative CV survey where two groups of over 120 volunteers simultaneously provided their WTP (field experiment) and a standard telephone survey of over 240 respondents. Our results show (1) a higher level of responsiveness to scientific information than to information about the WTP values of other respondents and (2) a higher level of responsiveness in the field experiment than in the telephone survey. We discuss our findings using the theory of commitment borrowed from social psychology and explore the extent to which commitment could be a necessary requirement in the practical application of the CV method.

Suggested Citation

  • Olivier Chanel & Susan Cleary & Stéphane Luchini, 2007. "Individual Responsiveness to Information in CV Surveys : Commitment Matters," Revue d'économie politique, Dalloz, vol. 117(5), pages 761-779.
  • Handle: RePEc:cai:repdal:redp_175_0761
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    Citations

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    Cited by:

    1. Li, Xiaoshu & Boyle, Kevin J. & Pullis, Genevieve, 2012. "Does On-site Experience Affect Responses to Stated Preference Questions?," 2012 Annual Meeting, August 12-14, 2012, Seattle, Washington 124991, Agricultural and Applied Economics Association.
    2. Ami, Dominique & Aprahamian, Frédéric & Chanel, Olivier & Joulé, Robert-Vincent & Luchini, Stéphane, 2014. "Willingness to pay of committed citizens: A field experiment," Ecological Economics, Elsevier, vol. 105(C), pages 31-39.
    3. Pierre-Alexandre Mahieu & Romain Craste & Bengt Kriström & Pere Riera, 2014. "Non-market valuation in France: An overview of the research activity," Working Papers hal-01087365, HAL.

    More about this item

    Keywords

    contingent valuation; information; commitment;

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