Andersson, Henrik and Svensson, Mikael (2014) Scale Sensitivity and Question Order in the Contingent Valuation Method. Journal of Environmental Planning and Management, 57 (11). pp. 1746-1761.

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Identification Number : 10.1080/09640568.2013.839442

Abstract

This study examines the effect on respondents' willingness to pay to reduce mortality risk by the order of the questions in a stated preference study. Using answers from an experiment conducted on a Swedish sample where respondents’ cognitive ability was measured and where they participate in a contingent valuation survey it is found that scale sensitivity is the strongest when respondents are asked about a smaller risk reduction first (“Bottom-up” approach). This contradicts some previous evidence in the literature. It is also found that the respondents’ cognitive ability is more important for showing scale sensitivity when respondents are asked about a larger risk reduction first (“Top-down” approach), also reinforcing the result that a “Bottom-up” approach is more consistent with answers in line with theoretical predictions for a larger part of respondents.

Item Type: Article
Language: English
Date: 2014
Refereed: Yes
Uncontrolled Keywords: Cognitive ability, Contingent valuation, Mortality risk, Order effect, Scale sensitivity
JEL Classification: D80 - General
I10 - General
Q51 - Valuation of Environmental Effects
Subjects: B- ECONOMIE ET FINANCE
Divisions: TSE-R (Toulouse)
Site: UT1
Date Deposited: 16 Mar 2015 14:54
Last Modified: 02 Apr 2021 15:49
OAI Identifier: oai:tse-fr.eu:28899
URI: https://publications.ut-capitole.fr/id/eprint/16666
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