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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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 |
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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 |