Lyssenko, Nikita and Martinez-Espineira, Roberto (2009): Respondent uncertainty in contingent valuation: the case of whale conservation in Newfoundland and Labrador.
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Abstract
In this paper we investigate the issue of respondent uncertainty in contingent valuation studies while estimating the willingness to pay for a whale conservation program o¤ the coasts of Newfoundland and Labrador. We use data from a phone survey administered to a sample (N=614) of adult Canadians, proposing a policy consisting of subsidizing and enforcing the use of acoustic devices that would reduce the likelihood that whales become entangled in �shing nets. A follow-up question asked respondents how certain they were about their answer to the main dichotomous-choice question, which allows us to investigate how the treatment of uncertainty a¤ects value measures. A mean willingness to pay of about $81/year per respondent is estimated when accounting for the degree of certainty with which respondents expressed their willingness to pay. We also analyze payment vehicle e¤ects using a split-sample approach whereby some respondents were asked a dichotomous-choice question about a tax contribution while others were asked about a voluntary donation instead.
Item Type: | MPRA Paper |
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Original Title: | Respondent uncertainty in contingent valuation: the case of whale conservation in Newfoundland and Labrador |
Language: | English |
Keywords: | contingent valuation; whales; preference uncertainty; dichotomous choice; payment vehicle; willingness to pay |
Subjects: | Q - Agricultural and Natural Resource Economics ; Environmental and Ecological Economics > Q5 - Environmental Economics Q - Agricultural and Natural Resource Economics ; Environmental and Ecological Economics > Q5 - Environmental Economics > Q51 - Valuation of Environmental Effects |
Item ID: | 21969 |
Depositing User: | Roberto Martinez-Espineira |
Date Deposited: | 09 Apr 2010 20:20 |
Last Modified: | 26 Sep 2019 09:26 |
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URI: | https://mpra.ub.uni-muenchen.de/id/eprint/21969 |