RT Journal Article
SR Electronic
T1 Is Willingness to Pay for a Public Good Sensitive to the Elicitation Format?
JF Land Economics
JO Land Econ
FD University of Wisconsin Press
SP 162
OP 173
DO 10.3368/le.82.2.162
VO 82
IS 2
A1 Champ, Patricia A.
A1 Bishop, Richard C.
YR 2006
UL http://le.uwpress.org/content/82/2/162.abstract
AB This study uses actual payments toward the provision of a public good to compare dichotomous choice and payment card formats. The public good in question is the environmental improvement from wind generation of electric power. We find that willingness-to-pay estimates vary with the elicitation format. Based on this result, we argue that elicitation effects found in contingent valuation studies may not be due the hypothetical nature of decision-making, as has been suggested in previous studies. (JEL H41, Q51)