Information bias in contingent valuation: Effects of personal relevance, quality of information, and motivational orientation
Article Abstract:
Information bias in determining contingent valuation is examined. Considering factors such as effects of personal relevance, information and argument quality, and motivational orientation, it is suggested that detailed information about a proposed transaction may not be enough to solve information bias if the transaction has low personal relevance to the respondents. Argument quality is found to have a significant impact in high personal relevance transactions.
Publication Name: Journal of Environmental Economics and Management
Subject: Environmental services industry
ISSN: 0095-0696
Year: 1996
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Identifying the warm glow effect in contingent valuation
Article Abstract:
The results of a contingent valuation study designed to know the impact of warm glow in willingness to pay(WTP) responses, are discussed.
Publication Name: Journal of Environmental Economics and Management
Subject: Environmental services industry
ISSN: 0095-0696
Year: 2003
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