Willingness to pay: individual or household?
This paper considers how respondents model the open-ended willingness to pay question, what is your maximum willingness to pay? In the specific context of valuing Irish public service broadcasting, respondents were asked a follow-up question in order to explore whether the initial response was an individual or household bid. The results suggest the presence of significant ambiguity in how responses to standard willingness to pay questions should be interpreted and aggregated. Copyright Springer Science+Business Media, LLC 2006
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
References listed on IDEAS
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.:
- Liam Delaney & Francis O’Toole, 2004. "Irish Public Service Broadcasting - A Contingent Valuation Analysis," The Economic and Social Review, Economic and Social Studies, vol. 35(3), pages 321-350.
- Jon Strand, 2005.
"Individual and Household Values of Mortality Reductions with Intrahousehold Bargaining,"
Journal of Risk and Uncertainty,
Springer, vol. 31(2), pages 217-236, September.
- Strand, Jon, 2009. "Individual and household value of mortality reductions with intrahousehold bargaining," HERO On line Working Paper Series 2004:2, Oslo University, Health Economics Research Programme.
- Smith, V. Kerry & Van Houtven, George, 1998.
"Non-Market Valuation and the Household,"
98-04, Duke University, Department of Economics.
- Jon Strand, 2007.
"Public-good valuation and intra-family allocation,"
Environmental & Resource Economics,
European Association of Environmental and Resource Economists, vol. 38(4), pages 527-543, December.
- Strand, Jon, 2009. "Public-good valuation and intrafamily allocation," HERO On line Working Paper Series 2003:20, Oslo University, Health Economics Research Programme.
- Jon Strand, 2004. "Public-Good Valuation and Intrafamily Allocation," CESifo Working Paper Series 1351, CESifo Group Munich.
- Strand, Jon, 2003. "Public-good valuation and intrafamily allocation," Memorandum 28/2002, Oslo University, Department of Economics.
- Ludwig, Jens & Cook, Philip J, 2001.
" The Benefits of Reducing Gun Violence: Evidence from Contingent-Valuation Survey Data,"
Journal of Risk and Uncertainty,
Springer, vol. 22(3), pages 207-26, May.
- Jens Ludwig & Philip J. Cook, 1999. "The Benefits of Reducing Gun Violence: Evidence from Contingent-Valuation Survey Data," NBER Working Papers 7166, National Bureau of Economic Research, Inc.
- Douglas Noonan, 2003. "Contingent Valuation and Cultural Resources: A Meta-Analytic Review of the Literature," Journal of Cultural Economics, Springer, vol. 27(3), pages 159-176, November.
- John Quiggin, 1998. "Individual and Household Willingness to Pay for Public Goods," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 80(1), pages 58-63.
When requesting a correction, please mention this item's handle: RePEc:kap:jculte:v:30:y:2006:i:4:p:305-309. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Guenther Eichhorn)or (Christopher F. Baum)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.