You are here: Home
/ Publication Information
Title: Contingent valuation and incentives
Author: Champ, Patricia A.; Flores, Nicholas E.; Brown, Thomas C.; Chivers, James
Source: Land economics. 78(4): 591-604
Publication Series: Miscellaneous Publication
Description: We empirically investigate the effect of the payment mechanism on contingent values by asking a willingness-to-pay question with one of three different payment mechanisms: individual contribution, contribution with provision point, and referendum. We find statistical evidence of more affirmative responses in the referendum treatment relative to the individual contribution treatment, some weak statistical evidence of more affirmative responses in the referendum treatment relative to the provision point treatment, and no statistical evidence of more affirmative responses in the provision point treatment relative to the individual contribution treatment. The relative credibility of the three payment mechanisms is also examined.
Keywords: contingent valuation, willingness to pay, non-market benefits, incentives, referenda, open spaces
- We recommend that you also print this page and attach it to the printout of the article, to retain the full citation information.
- This article was written and prepared by U.S. Government employees on official time, and is therefore in the public domain.
- You may send email to email@example.com to request a hard copy of this publication. (Please specify exactly which publication you are requesting and your mailing address.)
XML: View XML
Champ, Patricia A.; Flores, Nicholas E.; Brown, Thomas C.; Chivers, James 2002. Contingent valuation and incentives. Land economics. 78(4): 591-604
Get the latest version of the Adobe Acrobat reader or Acrobat Reader for Windows with Search and Accessibility