Hypothetical, real, and predicted real willingness to pay in open-ended surveys : experimental results
Autor(a) principal: | |
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Data de Publicação: | 2001 |
Outros Autores: | |
Tipo de documento: | Artigo |
Idioma: | eng |
Título da fonte: | Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
Texto Completo: | http://hdl.handle.net/1822/2006 |
Resumo: | This study reports the results of experiments designed to elicit, within a controlled laboratory environment, hypothetical and real willingness to pay for an environmental educational program using the open-ended question format. By maintaining both the good and the question format constant across the treatments, our experiments overcome the shortcomings of recently reported experimental results, providing a clean test for hypothetical bias in open-ended valuations. Having found a statistically significant difference between the hypothetical and real values, we turn into the question of whether hypothetical valuations may nonetheless provide useful statistical information concerning individuals’ real valuations. This question, which is perhaps the key question in the current state of the debate surrounding the contingent valuation method, is answered affirmatively in this study. |
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Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
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Hypothetical, real, and predicted real willingness to pay in open-ended surveys : experimental resultsExperimental methodsContingent valuation methodsCalibration methodsThis study reports the results of experiments designed to elicit, within a controlled laboratory environment, hypothetical and real willingness to pay for an environmental educational program using the open-ended question format. By maintaining both the good and the question format constant across the treatments, our experiments overcome the shortcomings of recently reported experimental results, providing a clean test for hypothetical bias in open-ended valuations. Having found a statistically significant difference between the hypothetical and real values, we turn into the question of whether hypothetical valuations may nonetheless provide useful statistical information concerning individuals’ real valuations. This question, which is perhaps the key question in the current state of the debate surrounding the contingent valuation method, is answered affirmatively in this study.Fundação para a Cência e a Tecnologia (FCT)Universidade do Minho. Núcleo de Investigação em Microeconomia Aplicada (NIMA)Universidade do MinhoBotelho, AnabelaPinto, Lígia2001-092001-09-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/1822/2006engBOTELHO, Anabela ; PINTO, Lígia - "Hypothetical, real, and predicted real willingness to pay in open-ended surveys : experimental results" [Em linha]. Braga : UNIVERSIDADE DO MINHO. Núcleo de Investigação em Microeconomia Aplicada, 2001. [Consult. 7 Jun. 2005]. Disponível em http://nima.eeg.uminho.ptinfo:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-07-21T12:22:00Zoai:repositorium.sdum.uminho.pt:1822/2006Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T19:15:24.991174Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse |
dc.title.none.fl_str_mv |
Hypothetical, real, and predicted real willingness to pay in open-ended surveys : experimental results |
title |
Hypothetical, real, and predicted real willingness to pay in open-ended surveys : experimental results |
spellingShingle |
Hypothetical, real, and predicted real willingness to pay in open-ended surveys : experimental results Botelho, Anabela Experimental methods Contingent valuation methods Calibration methods |
title_short |
Hypothetical, real, and predicted real willingness to pay in open-ended surveys : experimental results |
title_full |
Hypothetical, real, and predicted real willingness to pay in open-ended surveys : experimental results |
title_fullStr |
Hypothetical, real, and predicted real willingness to pay in open-ended surveys : experimental results |
title_full_unstemmed |
Hypothetical, real, and predicted real willingness to pay in open-ended surveys : experimental results |
title_sort |
Hypothetical, real, and predicted real willingness to pay in open-ended surveys : experimental results |
author |
Botelho, Anabela |
author_facet |
Botelho, Anabela Pinto, Lígia |
author_role |
author |
author2 |
Pinto, Lígia |
author2_role |
author |
dc.contributor.none.fl_str_mv |
Universidade do Minho |
dc.contributor.author.fl_str_mv |
Botelho, Anabela Pinto, Lígia |
dc.subject.por.fl_str_mv |
Experimental methods Contingent valuation methods Calibration methods |
topic |
Experimental methods Contingent valuation methods Calibration methods |
description |
This study reports the results of experiments designed to elicit, within a controlled laboratory environment, hypothetical and real willingness to pay for an environmental educational program using the open-ended question format. By maintaining both the good and the question format constant across the treatments, our experiments overcome the shortcomings of recently reported experimental results, providing a clean test for hypothetical bias in open-ended valuations. Having found a statistically significant difference between the hypothetical and real values, we turn into the question of whether hypothetical valuations may nonetheless provide useful statistical information concerning individuals’ real valuations. This question, which is perhaps the key question in the current state of the debate surrounding the contingent valuation method, is answered affirmatively in this study. |
publishDate |
2001 |
dc.date.none.fl_str_mv |
2001-09 2001-09-01T00:00:00Z |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article |
format |
article |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
http://hdl.handle.net/1822/2006 |
url |
http://hdl.handle.net/1822/2006 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.relation.none.fl_str_mv |
BOTELHO, Anabela ; PINTO, Lígia - "Hypothetical, real, and predicted real willingness to pay in open-ended surveys : experimental results" [Em linha]. Braga : UNIVERSIDADE DO MINHO. Núcleo de Investigação em Microeconomia Aplicada, 2001. [Consult. 7 Jun. 2005]. Disponível em http://nima.eeg.uminho.pt |
dc.rights.driver.fl_str_mv |
info:eu-repo/semantics/openAccess |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
application/pdf |
dc.publisher.none.fl_str_mv |
Universidade do Minho. Núcleo de Investigação em Microeconomia Aplicada (NIMA) |
publisher.none.fl_str_mv |
Universidade do Minho. Núcleo de Investigação em Microeconomia Aplicada (NIMA) |
dc.source.none.fl_str_mv |
reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação instacron:RCAAP |
instname_str |
Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
instacron_str |
RCAAP |
institution |
RCAAP |
reponame_str |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
collection |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
repository.name.fl_str_mv |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
repository.mail.fl_str_mv |
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1799132600407687168 |