Some findings from further exploration of the “composite good” approach to contingent valuation
In this chapter, we report on some components of a larger study addressing “budget awareness” considerations in contingent valuation (“CVM”) studies. The study explored general population willingness to pay (“WTP”) for essentially the same environmental resource under several different budget awaren...
- Autores:
- Tipo de recurso:
- Part of book
- Fecha de publicación:
- 2017
- Institución:
- Universidad de Bogotá Jorge Tadeo Lozano
- Repositorio:
- Expeditio: repositorio UTadeo
- Idioma:
- eng
- OAI Identifier:
- oai:expeditiorepositorio.utadeo.edu.co:20.500.12010/15459
- Acceso en línea:
- http://hdl.handle.net/20.500.12010/15459
- Palabra clave:
- Composite good
Approach to contingent valuation
Análisis del impacto ambiental
Monitoreo ambiental
Evaluación de riesgos ecológicos
- Rights
- License
- Abierto (Texto Completo)
| Summary: | In this chapter, we report on some components of a larger study addressing “budget awareness” considerations in contingent valuation (“CVM”) studies. The study explored general population willingness to pay (“WTP”) for essentially the same environmental resource under several different budget awareness approaches, using a split-sample design. In the fall of 2014 (after substantial development work), we undertook a survey with a total achieved sample size of almost 4,000 households. This chapter reports two of those approaches, based on subsamples totaling approximately 2,400 households: the use of within-questionnaire “wording additions” and the disaggregation of a value obtained for a larger composite good. |
|---|