Yea-saying in contingent valuation surveys

Citation
Rk. Blamey et al., Yea-saying in contingent valuation surveys, LAND ECON, 75(1), 1999, pp. 126-141
Citations number
50
Language
INGLESE
art.tipo
Article
Categorie Soggetti
EnvirnmentalStudies Geografy & Development
Journal title
LAND ECONOMICS
ISSN journal
0023-7639 → ACNP
Volume
75
Issue
1
Year of publication
1999
Pages
126 - 141
Database
ISI
SICI code
0023-7639(199902)75:1<126:YICVS>2.0.ZU;2-Z
Abstract
A number of recent papers have provided estimates of willingness to pay der ived in contingent valuation surveys exceeding those revealed in experiment al or real-life markets. One possible explanation for the overestimation of values is the presence of yea-saying. With the objective of reducing the o ccurrence of yea-saying, a new elicitation format, referred to as the disso nance-minimizing (DM)format, is proposed. An empirical comparison of the DM format with the conventional dichotomous-choice (DC) format and the ambiva lence-reducing polychotomous choice (PC) format suggested by Ready, Whitehe ad, and Blomquist (1995) is made. Results are encouraging for the DM. (JEL Q26).