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Testing the internal consistency of contingent valuation surveys
- 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