Bid design effects in multiple bounded discrete choice contingent valuation

被引:16
作者
Vossler, CA [1 ]
Poe, GL
Welsh, MP
Ethier, RG
机构
[1] Univ Tennessee, Dept Econ, Knoxville, TN 37996 USA
[2] Cornell Univ, Dept Appl Ecol & Management, Ithaca, NY 14853 USA
[3] Christensen Associates, Madison, WI 53705 USA
[4] ISO New England, Mkt Monitoring & Mitigat, Holyoke, MA 01040 USA
基金
美国国家科学基金会;
关键词
bid design effects; contingent valuation; nonparametric estimation; validity tests;
D O I
10.1007/s10640-004-9457-2
中图分类号
F [经济];
学科分类号
02 ;
摘要
A potential concern in "multiple bounded discrete choice'' contingent valuation surveys - where the respondent is asked to express voting certainty, rather than a simple yes or no, on a large number of payment amounts ( bids) - is whether responses are influenced by the particular position of bids in the bid-voting panel rather than solely on the respondent's willingness to pay (WTP). For instance, respondents may systematically state they would pay the first few bid amounts and not pay all subsequent bids regardless of the actual dollar values. Such systematic bid design effects would suggest that this method does not provide a valid measure of WTP. Using a split-sample survey, we compare responses to three different bid arrays that have an identical minimum bid, maximum bid, and number of bids. Using nonparametric estimation techniques, we find that estimated WTP distributions and corresponding welfare measures are not statistically different across survey samples.
引用
收藏
页码:401 / 418
页数:18
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