Testing Bid Design Effects in Multiple-Bounded, Contingent-Valuation Questions
Multiple-bounded, contingent-valuation questions have been proposed as an alternative to single-bounded and double-bounded questions. While the effects of bid design on multiple- bounded responses have not been explored, findings of experimental effects in single- and double-bounded questions make this a logical area of inquiry. We explore two potential experimental effects in multiple-bounded questions. Respondents may simply express welfare estimates in the center of the bid list. Also, the range of bids may systematically influence welfare estimates. We find while respondents do not center their responses, the range of bids influences welfare estimates and responses to individual bids.
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.
When requesting a correction, please mention this item's handle: RePEc:uwp:landec:v:78:y:2002:i:1:p:121-131. 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: ()
If references are entirely missing, you can add them using this form.