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The payment vehicle used in CV studies of environmental goods does matter
Linköping University, Department of Management and Engineering, Economics . Linköping University, Faculty of Arts and Sciences.
2009 (English)In: Journal of Agricultural and Resource Economics, ISSN 1068-5502, Vol. 34, no 3, 450-463 p.Article in journal (Refereed) Published
Abstract [en]

This paper examines the effect of the payment vehicle on the valuation of an environmental good with the contingent valuation method (CVM). Results from three CV studies comparing different payment vehicles by using split samples when valuing environmental encroachment caused by roads in Sweden are presented and compared to results from other such split-sample studies of payment vehicle effects. The results are consistent and show that the payment vehicle affects the valuation, but not always the way expected when considering incentives to behave strategically. Copyright 2009 Western Agricultural Economics Association.

Place, publisher, year, edition, pages
Western Agricultural Economics Association , 2009. Vol. 34, no 3, 450-463 p.
Keyword [en]
CVM; Payment vehicle; Split-sample tests; Valuation
National Category
Social Sciences
URN: urn:nbn:se:liu:diva-57040OAI: diva2:323994
Available from: 2010-06-14 Created: 2010-06-09 Last updated: 2010-06-14

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Ivehammar, Pernilla
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