Necessary conditions for demand revelation in double referenda

被引:15
作者
Carson, Katherine Silz [1 ]
Chilton, Susan M. [2 ]
Hutchinson, W. George [3 ]
机构
[1] USAF Acad, Dept Econ & Geosci, Colorado Springs, CO 80840 USA
[2] Univ Newcastle, Business Sch Econ, Newcastle Upon Tyne NE1 7RU, Tyne & Wear, England
[3] Queens Univ Belfast, Gibson Inst Land Food & Environm, Belfast BT9 5AG, Antrim, North Ireland
基金
美国国家科学基金会;
关键词
Contingent valuation; Demand revelation; Consequential double referendum; CHOICE CONTINGENT VALUATION; DICHOTOMOUS CHOICE; EFFICIENCY; BIAS;
D O I
10.1016/j.jeem.2008.07.005
中图分类号
F [经济];
学科分类号
02 ;
摘要
This paper demonstrates a set of necessary conditions that should generate unbiased, internally consistent estimates of willingness to pay (WTP) from a double referendum mechanism. These conditions are also sufficient for demand revelation in an experimental laboratory environment. However, the control over the mechanism achieved in the lab may not be transferrable to the field and WTP estimates derived from field surveys may remain biased. (c) 2008 Elsevier Inc. All rights reserved.
引用
收藏
页码:219 / 225
页数:7
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