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Do Hypothetical and...
Do Hypothetical and Actual Willingness to Pay Differ in Choice Experiments? - Application to the Valuation of the Environment
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- Carlsson, Fredrik, 1968 (författare)
- Gothenburg University,Göteborgs universitet,Institutionen för nationalekonomi med statistik, Enheten för miljöekonomi,Department of Economics, Environmental Economics Unit
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- Martinsson, Peter, 1969 (författare)
- Gothenburg University,Göteborgs universitet,Institutionen för nationalekonomi med statistik, Enheten för miljöekonomi,Department of Economics, Environmental Economics Unit
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(creator_code:org_t)
- Göteborg, 1999
- Engelska.
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Serie: Working Papers in Economics (online), 1403-2465 ; 13
- Relaterad länk:
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https://gup.ub.gu.se...
Abstract
Ämnesord
Stäng
- In this paper we test the validity of choice experiments with donations for environmental projects. In particular, we test whether or not willingness to pay for projects differs between a hypothetical and an actual choice experiment. Our results do not indicate that choice experiments suffer from overstatement in hypothetical willingness to pay; and this contrasts the results found in external tests of validity in Contingent Valuation. In addition, internal tests of validity indicate transitive and stable preferences in both experiments
Ämnesord
- SAMHÄLLSVETENSKAP -- Ekonomi och näringsliv -- Nationalekonomi (hsv//swe)
- SOCIAL SCIENCES -- Economics and Business -- Economics (hsv//eng)
Nyckelord
- Choice experiments; External validity; Internal validity; Hypothetical and actual WTP; Public goods
Publikations- och innehållstyp
- vet (ämneskategori)
- rap (ämneskategori)