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Alternative approaches to treat respondent uncertainty in contingent willingness to pay estimation : a theoretical and empirical analysis

Wang, Jia; Ge, Jiaoju - In: China agricultural economic review : publ. in … 8 (2016) 3, pp. 412-429

Persistent link: https://www.econbiz.de/10011660146

Alternative approaches to treat respondent uncertainty in contingent willingness to pay estimation : A theoretical and empirical analysis

Wang, Jia; Ge, Jiaoju - In: China Agricultural Economic Review 8 (2016) 3, pp. 412-429

Purpose The purpose of this paper is to theoretically using two new models to analyze the effect of respondents’ uncertainty about their stated willingness to pay (WTP) on welfare estimates in the contingent valuation method (CVM) theoretically using two new models, and empirically to reveal...

Persistent link: https://www.econbiz.de/10014690076