CVM-X: Calibrating contingent values with experimental auction markets

被引：141

作者：

Fox, JA ^{[1
]}

Shogren, JF

Hayes, DJ

Kliebenstein, JB

机构：

[1] Kansas State Univ, Dept Agr Econ, Manhattan, KS 66506 USA

[2] Univ Wyoming, Dept Econ & Finance, Laramie, WY 82071 USA

[3] Iowa State Univ, Dept Econ, Ames, IA 50011 USA

来源：

AMERICAN JOURNAL OF AGRICULTURAL ECONOMICS | 1998年 / 80卷 / 03期

基金：

美国国家科学基金会;

关键词：

auctions; calibration; CVM-X; irradiated meat; valuation;

D O I：

10.2307/1244548

中图分类号：

F3 [农业经济];

学科分类号：

0202 ; 020205 ; 1203 ;

摘要：

We design and implement a method, CVM-X, to calibrate hypothetical survey values using experimental auction markets. We test the procedure using consumer willingness-to-pay for irradiated/nonirradiated meat. Our results show that calibration factors for those who favor the irradiation process (0.67-0.69) are less severe than for those with an initial dislike of the process (0.55-0.59), suggesting that calibration may be commodity specific.

引用

页码：455 / 465

页数：11

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