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SURVEY RESPONSE-RELATED BIASES IN CONTINGENT VALUATION: CONCEPTS, REMEDIES, AND EMPIRICAL APPLICATION TO VALUING AQUATIC PLANT MANAGEMENT.

Authors :
Messonnier, Mark L.
Bergstrom, John C.
Cornwell, M.
Teaskley, R. Jeff
Cordell, H. Ken
Source :
American Journal of Agricultural Economics; May2000, Vol. 82 Issue 2, p438, 13p
Publication Year :
2000

Abstract

Sample nonresponse and selection biases that may occur in survey research such as contingent valuation applications are discussed and tested. Correction mechanisms for these types of biases are demonstrated. Results indicate the importance of testing and correcting for unit and item nonresponse bias in contingent valuation survey data. When sample nonresponse and selection bias go uncorrected, welfare measures may be overestimated or underestimated contributing to potential errors in resource policy and management decisions. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
00029092
Volume :
82
Issue :
2
Database :
Complementary Index
Journal :
American Journal of Agricultural Economics
Publication Type :
Academic Journal
Accession number :
3141667
Full Text :
https://doi.org/10.1111/0002-9092.00037