Respondent uncertainty in contingent valuation: the case of whale conservation in Newfoundland and Labrador
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, p...
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ftrepec:oai:RePEc:pra:mprapa:21969 2023-05-15T17:21:18+02:00 Respondent uncertainty in contingent valuation: the case of whale conservation in Newfoundland and Labrador Lyssenko, Nikita Martinez-Espineira, Roberto https://mpra.ub.uni-muenchen.de/21969/1/MPRA_paper_21969.pdf unknown https://mpra.ub.uni-muenchen.de/21969/1/MPRA_paper_21969.pdf preprint ftrepec 2020-12-04T13:34:59Z 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. contingent valuation; whales; preference uncertainty; dichotomous choice; payment vehicle; willingness to pay Report Newfoundland RePEc (Research Papers in Economics) Newfoundland |
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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. contingent valuation; whales; preference uncertainty; dichotomous choice; payment vehicle; willingness to pay |
format |
Report |
author |
Lyssenko, Nikita Martinez-Espineira, Roberto |
spellingShingle |
Lyssenko, Nikita Martinez-Espineira, Roberto Respondent uncertainty in contingent valuation: the case of whale conservation in Newfoundland and Labrador |
author_facet |
Lyssenko, Nikita Martinez-Espineira, Roberto |
author_sort |
Lyssenko, Nikita |
title |
Respondent uncertainty in contingent valuation: the case of whale conservation in Newfoundland and Labrador |
title_short |
Respondent uncertainty in contingent valuation: the case of whale conservation in Newfoundland and Labrador |
title_full |
Respondent uncertainty in contingent valuation: the case of whale conservation in Newfoundland and Labrador |
title_fullStr |
Respondent uncertainty in contingent valuation: the case of whale conservation in Newfoundland and Labrador |
title_full_unstemmed |
Respondent uncertainty in contingent valuation: the case of whale conservation in Newfoundland and Labrador |
title_sort |
respondent uncertainty in contingent valuation: the case of whale conservation in newfoundland and labrador |
url |
https://mpra.ub.uni-muenchen.de/21969/1/MPRA_paper_21969.pdf |
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Newfoundland |
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Newfoundland |
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Newfoundland |
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Newfoundland |
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https://mpra.ub.uni-muenchen.de/21969/1/MPRA_paper_21969.pdf |
_version_ |
1766105198796734464 |