TITLE

SURVEY RESPONSE-RELATED BIASES IN CONTINGENT VALUATION: CONCEPTS, REMEDIES, AND EMPIRICAL APPLICATION TO VALUING AQUATIC PLANT MANAGEMENT

AUTHOR(S)
Messonnier, Mark L.; Bergstrom, John C.; Cornwell, M.; Teaskley, R. Jeff; Cordell, H. Ken
PUB. DATE
May 2000
SOURCE
American Journal of Agricultural Economics;May2000, Vol. 82 Issue 2, p438
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
Sample nonresponse and selection biases that may occur in survey research such as contingent valuation applications are discussed and tested. Correction mechanisms for these types of biases are demonstrated. Results indicate the importance of testing and correcting for unit and item nonresponse bias in contingent valuation survey data. When sample nonresponse and selection bias go uncorrected, welfare measures may be overestimated or underestimated contributing to potential errors in resource policy and management decisions.
ACCESSION #
3141667

 

Related Articles

  • Scope insensitivity in health risk reduction studies: A comparison of choice experiments and the contingent valuation method for valuing safer food. Goldberg, Isabell; Roosen, Jutta // Journal of Risk & Uncertainty;Apr2007, Vol. 34 Issue 2, p123 

    Scope insensitivity and embedding are fundamental concerns in contingent valuation studies for health risk reductions. Recently, choice experiments have increasingly been used to obtain contingent willingness to pay (WTP) estimates. We juxtapose the WTP estimates of a choice experiment (CE) to...

  • Willingness to pay or intention to pay: The attitude... Luzar, E. Jane; Cosse, Kelli J. // Journal of Socio-Economics;1998, Vol. 27 Issue 3, p427 

    Provides information on a study that identified an attitude-behavior relationship model in consistency with the process of contingent valuation. Importance of environmental attitudes; Two non-traditional components of the economic models presented; Findings and analysis of survey results;...

  • CVM-X: Calibrating contingent values with experimental auction markets. Fox, John A.; Shogren, Jason F.; Hayes, Dermot J.; Kliebenstein, James B. // American Journal of Agricultural Economics;Aug98, Vol. 80 Issue 3, p455 

    Presents a study which uses CVM-X method, to calibrate the differences which may exist between what people hypothetically say they would do, and how they actually behave in a real situation, in relation to experimental auction markets. Steps which the CVM-X method consist of; Estimation of...

  • Part-Whole Bias in Contingent Valuation: Will Scope Effects Be Detected with Inexpensive Survey Methods? Whitehead, John C.; Haab, Timothy C.; Huang, Ju-Chin // Southern Economic Journal;Jul98, Vol. 65 Issue 1, p160 

    Reports that data from a telephone survey on water quality improvements in the Albemarle and Pamlico Sound in North Carolina was used to test for scope effect with the contingent valuation (CV) method. Examination of the CV method; Details on the economic theory; Information on the scope test...

  • Experimental Results on Expressed Certainty and Hypothetical Bias in Contingent Valuation. Blumenschein, Karen; Johannesson, Magnus; Blomquist, Glenn C.; Liljas, Bengt; O'Conor, Richard M. // Southern Economic Journal;Jul98, Vol. 65 Issue 1, p169 

    Presents information on the use of the dichotomous choice contingent valuation method. Why it is controversial among economists; Details on the testing of the method; Information on the method.

  • Statistical efficiency of double-bounded dichotomous choice contingent valuation. Hanemann, Michael; Loomis, John // American Journal of Agricultural Economics;Nov91, Vol. 73 Issue 4, p1255 

    Illustrates how the statistical efficiency of dichotomous choice contingent valuation method can be improved by asking the respondent to engage in two rounds of bidding. Single-bounded model; Double-bounded model.

  • Anchoring and adjustment in single-bounded, contingent-valuation questions. Boyle, Kevin J.; Johnson, F. Reed; McCollum, Daniel W. // American Journal of Agricultural Economics;Dec1997, Vol. 79 Issue 5, p1495 

    Presents a response to critiques of an article written on contingent valuation, with emphasis on single-bounded contingent-valuation questions. Details on the concept of anchoring in economic surveys; Reference made to the use of referendum or dichotomous-choice (DC).

  • The Theory of the Contingent Valuation Method. O'Doherty, Richard // Hume Papers on Public Policy;1998, Vol. 6 Issue 3, p67 

    Provides a non-technical introduction to the method of contingent valuation. Estimation of an individual's value of come unpriced good or service; Concept of total economic value; Willingness to Pay and Willingness to Avoid.

  • Varying levels of information and the embedding problem in contingent valuation: the case of Canadian wilderness Macdonald, Heather; McKenney, Daniel // Canadian Journal of Forest Research;Jul1996, Vol. 26 Issue 7, p1295 

    No abstract available.

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics