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Starting Point Bias in Contingent Valuation Bidding Games

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  • Kevin J. Boyle
  • Richard C. Bishop
  • Michael P. Welsh

Abstract

In a recent study, Whitehead (2002) proposes incentive-incompatibility and starting-point-bias tests for iterative willingness-to-pay questions. We show that if restrictions associated with the nature of starting-point bias are not imposed on the ...

Suggested Citation

  • Kevin J. Boyle & Richard C. Bishop & Michael P. Welsh, 1985. "Starting Point Bias in Contingent Valuation Bidding Games," Land Economics, University of Wisconsin Press, vol. 62(2), pages 188-194.
    • Handle: RePEc:uwp:landec:v:62:y:1985:i:2:p:188-194
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    1. Thayer, Mark A., 1981. "Contingent valuation techniques for assessing environmental impacts: Further evidence," Journal of Environmental Economics and Management, Elsevier, vol. 8(1), pages 27-44, March.
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    3. Alan Randall & Orlen Grunewald & Sue Johnson & Richard Ausness & Angelos Pagoulatos, 1978. "Reclaiming Coal Surface Mines in Central Appalachia: A Case Study of the Benefits and Costs," Land Economics, University of Wisconsin Press, vol. 54(4), pages 472-489.
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    5. Rowe, Robert D. & D'Arge, Ralph C. & Brookshire, David S., 1980. "An experiment on the economic value of visibility," Journal of Environmental Economics and Management, Elsevier, vol. 7(1), pages 1-19, March.
    6. William D. Schulze & Ralph C. d'Arge & David S. Brookshire, 1981. "Valuing Environmental Commodities: Some Recent Experiments," Land Economics, University of Wisconsin Press, vol. 57(2), pages 151-172.
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