DYNAMIC LEARNING AND CONTEXT-DEPENDENCE IN SEQUENTIAL, ATTRIBUTE-BASED CONTINGENT VALUATION

A hybrid stated-preference model is developed that combines the referendum contingent valuation response format with an experimentally designed set of attributes. A sequence of valuation questions is asked to a random sample in a mail-out mail-back format. Econometric analysis shows that willingness to pay for policy attributes is formed dynamically.

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Year of publication:	2004
Authors:	Holmes, Thomas P. ; Boyle, Kevin J.
Institutions:	Agricultural and Applied Economics Association - AAEA
Subject:	Research Methods/ Statistical Methods

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Extent:	application/pdf
Series:	2004 Annual meeting, August 1-4, Denver, CO.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series 2004 Annual meeting, August 1-4, Denver, CO Number 20014
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005500450