How Does the Cost Vector Affect Payment Consequentiality in a Binary Choice Contingent Valuation Survey?

IF 1.3 4区经济学 Q3 ECONOMICS

Land Economics Pub Date : 2023-10-16 DOI:10.3368/le.100.2.111821-0135r1

Pierre-Alexandre Mahieu, Romain Crastes dit Sourd, Pascal Gastineau, Benoît Chèze, Andrea Taylor

引用次数: 0

Abstract

Payment consequentiality should improve the validity of welfare estimates in stated preference surveys according to a growing body of research. In this paper, we study whether the type of amounts (precision, parity) that composes the cost vector affects payment consequentiality. Our experiment consists in a binary choice survey on renewable energy where the cost amounts range between 0.5 and 25 euros. For small amounts, we find that precision increases payment consequentiality. For larger amounts, even numbers perform better than odd numbers. Our results suggest that the type of cost amount (e.g., even/odd, general/precise) should be carefully considered by the analyst.

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在二元选择或有估值调查中，成本向量如何影响支付后果?

根据越来越多的研究，支付后果性应该提高陈述偏好调查中福利估计的有效性。在本文中，我们研究了构成成本向量的数量类型(精度，平价)是否会影响支付后果。我们的实验包括一项关于可再生能源的二元选择调查，成本在0.5欧元到25欧元之间。对于小额，我们发现精度增加支付后果。对于较大的金额，偶数比奇数表现得更好。我们的结果表明，成本金额的类型(例如，偶数/奇数，一般/精确)应该被分析师仔细考虑。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Land Economics Multiple-

CiteScore

2.60

自引率

0.00%

发文量

期刊介绍： Land Economics is dedicated to the study of land use, natural resources, public utilities, housing, and urban land issues. Established in 1925 by the renowned economist and founder of the American Economic Association, Richard T. Ely at the University of Wisconsin, Land Economics has consistently published innovative, conceptual, and empirical research of direct relevance to economists. Each issue brings the latest results in international applied research on such topics as transportation, energy, urban and rural land use, housing, environmental quality, public utilities, and natural resources.