Search results for "Ordering effect"

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Respondent Uncertainty and Ordering Effect on Willingness to Pay for Salt Marsh Conservation in the Brest Roadstead (France)

2017

International audience; This paper explores the potential link between the sensitivity of willingness to pay (WTP) to the order of presenting bid amounts in contingent valuation questions (ordering effect) and respondent uncertainty. The resource being valued is a public project to protect salt marshes against the spread of an invasive aquatic plant in the Brest roadstead (France). Valuation uncertainty is captured through a variant of payment card format where respondents are given the opportunity to report their WTP as either a single value (Option A) or an interval of values (Option B). The ordering effect is tested using both parametric models that ignore and control for the potential s…

Ordering effectEconomics and Econometricsmedia_common.quotation_subject010501 environmental sciences01 natural sciencesWillingness to paySalt marsh conservation0502 economics and businessEconomicsContingent valuationPreference uncertainty0105 earth and related environmental sciencesGeneral Environmental Sciencemedia_commonValuation (finance)Selection biasContingent valuationgeographyActuarial sciencegeography.geographical_feature_category05 social sciences[SHS.ECO]Humanities and Social Sciences/Economics and FinancePayment cardPayment card formatSalt marshRespondent[SDE]Environmental Sciences050202 agricultural economics & policyWelfare
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