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Testing the internal consistency of contingent valuation surveys

Authors :
Diamond, Peter
Source :
Journal of Environmental Economics and Management. May, 1996, Vol. 30 Issue 3, p337, 11 p.
Publication Year :
1996

Abstract

A contingency survey instrument which is used to estimate true willingness to pay should be able to use different scenarios to be able to carry out at least some internal consistency tests, with regards to environmental problems. Inability to fulfill requirements of economic theory would indicate that the proper preferences are not being measured, which can occur when people do not report or do not have the preferences which the survey is attempting to measure.

Details

ISSN :
00950696
Volume :
30
Issue :
3
Database :
Gale General OneFile
Journal :
Journal of Environmental Economics and Management
Publication Type :
Academic Journal
Accession number :
edsgcl.18438373