Showing 1 - 2 of 2
This paper introduces an experimental "decision pathways" survey technique that builds on insights from behavioral decision theory. The approach presents respondents with a set of linked questions that encourage the deliberate construction of expressed values in the course of selecting a...
Persistent link: https://www.econbiz.de/10008537333
Subjects valued environmental goods using a response mode expressing willingness to pay as a multiplier or divider of a purported "budgetary unit." Hypothetical willingness to pay was found to be highly dependent on the size of the budgetary unit. Rejecting two other interpretations, we believe...
Persistent link: https://www.econbiz.de/10008537441