Yea-Saying in Contingent Valuation Surveys
Blamey, Russell; Bennett, Jeff W; Morrison, Mark
Description
A number of recent papers have provided estimates of willingness to pay derived in contingent valuation surveys exceeding those revealed in experimental or real-life markets. One possible explanation for the overestimation of values is the presence of yea-saying. With the objective of reducing the occurrence of yea-saying, a new elicitation format, referred to as the dissonance-minimizing (DM) format, is proposed. An empirical comparison of the DM format with the conventional dichotomous-choice...[Show more]
dc.contributor.author | Blamey, Russell | |
---|---|---|
dc.contributor.author | Bennett, Jeff W | |
dc.contributor.author | Morrison, Mark | |
dc.date.accessioned | 2015-12-13T23:41:21Z | |
dc.date.available | 2015-12-13T23:41:21Z | |
dc.identifier.issn | 0023-7639 | |
dc.identifier.uri | http://hdl.handle.net/1885/94860 | |
dc.description.abstract | A number of recent papers have provided estimates of willingness to pay derived in contingent valuation surveys exceeding those revealed in experimental or real-life markets. One possible explanation for the overestimation of values is the presence of yea-saying. With the objective of reducing the occurrence of yea-saying, a new elicitation format, referred to as the dissonance-minimizing (DM) format, is proposed. An empirical comparison of the DM format with the conventional dichotomous-choice (DC) format and the ambivalence-reducing polychotomous choice (PC) format suggested by Ready, Whitehead, and Blomquist (1995) is made. Results are encouraging for the DM. | |
dc.publisher | University of Wisconsin | |
dc.source | Land Economics | |
dc.subject | Keywords: contingent valuation; environmental economics; methodology | |
dc.title | Yea-Saying in Contingent Valuation Surveys | |
dc.type | Journal article | |
local.description.notes | Imported from ARIES | |
local.description.refereed | Yes | |
local.identifier.citationvolume | 75 | |
dc.date.issued | 1999 | |
local.identifier.absfor | 140201 - Agricultural Economics | |
local.identifier.ariespublication | MigratedxPub24565 | |
local.type.status | Published Version | |
local.contributor.affiliation | Blamey, Russell, College of Arts and Social Sciences, ANU | |
local.contributor.affiliation | Bennett, Jeff W, University of New South Wales | |
local.contributor.affiliation | Morrison, Mark, Charles Sturt University | |
local.bibliographicCitation.startpage | 126 | |
local.bibliographicCitation.lastpage | 141 | |
dc.date.updated | 2015-12-12T09:32:10Z | |
local.identifier.scopusID | 2-s2.0-0032794644 | |
Collections | ANU Research Publications |
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