Willingness to pay and the choice of question format: experimental results
This study revisits the issue of hypothetical and actual willingness to pay. In two recent letters the validity of the contingent valuation method has been questioned. The studies include comparisons of hypothetical and actual economic commitments that were elicited through two different question formats. However, in order to attribute a difference in responses to a hypothetical bias, it must first be shown that the question formats generate equal responses under the same conditions. This letter not only contains the same comparison as the two recent letters, subsequent comparisons to investigate the question formats are also conducted. The rejection of equality between the two question formats raises questions concerning previous results.
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.
Volume (Year): 7 (2000)
Issue (Month): 10 ()
|Contact details of provider:|| Web page: http://www.tandfonline.com/RAEL20|
|Order Information:||Web: http://www.tandfonline.com/pricing/journal/RAEL20|
When requesting a correction, please mention this item's handle: RePEc:taf:apeclt:v:7:y:2000:i:10:p:665-667. 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: (Chris Longhurst)
If references are entirely missing, you can add them using this form.