Elicitation Effects in Contingent Valuation: Comparisons to a Multiple Bounded Discrete Choice Approach

This paper develops a multiple bounded discrete choice elicitation technique that allows respondents to express their level of voting certainty for a wide range of referendum thresholds. The paper concludes with the results of an empirical study comparing values obtained from a multiple bounded mode...

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Bibliographic Details
Published inJournal of environmental economics and management Vol. 36; no. 2; pp. 170 - 185
Main Authors Welsh, Michael P, Poe, Gregory L
Format Journal Article
LanguageEnglish
Published New York Elsevier Inc 01.09.1998
Elsevier
Academic Press
Elsevier Science Publishing Company, Inc
SeriesJournal of Environmental Economics and Management
Subjects
Economic models
Effects
Environmental management
Referendums
Statistical analysis
Studies
Valuation
Voter behavior
Voting behaviour
United States > US
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Summary:This paper develops a multiple bounded discrete choice elicitation technique that allows respondents to express their level of voting certainty for a wide range of referendum thresholds. The paper concludes with the results of an empirical study comparing values obtained from a multiple bounded model with values derived from three standard contingent valuation elicitation formats: dichotomous choice, payment card, and open-ended. The multiple bounded discrete choice format covers the range of values associated with the other three predominantly used elicitation methods. Moreover, alternative parameterizations of the multiple bounded discrete choice model correspond to these standard elicitation techniques.
Bibliography:ObjectType-Article-2
SourceType-Scholarly Journals-1
ObjectType-Feature-1
content type line 23
ISSN:0095-0696
1096-0449
DOI:10.1006/jeem.1998.1043