Details zur Publikation

Kategorie Textpublikation
Referenztyp Zeitschriften
DOI 10.1016/j.ecolecon.2006.07.006
Titel (primär) Theoretical incentive properties of contingent valuation questions: Do they matter in the field?
Autor Schläpfer, F.; Bräuer, I.
Quelle Ecological Economics
Erscheinungsjahr 2007
Department OEKON
Band/Volume 62
Heft 3-4
Seite von 451
Seite bis 460
Sprache englisch
Keywords contingent valuation; beliefs; incentives; majority rule; public goods; stated preferences
Abstract Green et al. (1998) [Green, D., Jacowitz, K.E., Kahneman, D., McFadden, D., 1998. Referendum contigent valuation, anchoring, and willingness to pay for public goods. Resource and Energy Economics 20 (2), 85-116] show theoretically that stated preference questions about public services can be framed in such ways that if the subjects accept the frame the payoff-maximizing behavior will be to answer truthfully. One key element of such a theoretically incentive-compatible framing is that the (hypothetical) decision rule specified in the survey instrument is understood to be a majority rule rather than the efficiency rule typically used in cost-benefit analysis. We conducted field experiments in Germany and Switzerland to test if a referendum framing as suggested by Green et al. is effective in reducing strategic misrepresentation in a contingent valuation setting. We did not find the expected effects of the framing treatments on stated willingness to pay or on individuals' (stated) beliefs about the social choice context. The results do not support hopes that a theoretically incentive compatible framing could be purposefully used to invoke the specific beliefs about the linkage between responses and policy implementation that would make stated preference questions incentive compatible.
dauerhafte UFZ-Verlinkung
Schläpfer, F., Bräuer, I. (2007):
Theoretical incentive properties of contingent valuation questions: Do they matter in the field?
Ecol. Econ. 62 (3-4), 451 - 460 10.1016/j.ecolecon.2006.07.006