Payment Certainty in Discrete Choice Contingent Valuation Responses: Results from a Field Validity Test

C-Tier
Journal: Southern Economic Journal
Year: 2003
Volume: 69
Issue: 4
Pages: 886-902

Authors (4)

Christian A. Vossler (University of Tennessee-Knoxvi...) Robert G. Ethier (not in RePEc) Gregory L. Poe Michael P. Welsh (not in RePEc)

Score contribution per author:

0.251 = (α=2.01 / 4 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

Two methods for calibrating discrete choice contingent valuation responses—the dichotomous choice with follow‐up certainty question method of Champ et al. (1997) and the multiple‐bounded method of Welsh and Poe (1998)—are evaluated using data from a field validity comparison of hypothetical and actual participation decisions in a green electricity pricing program. Both calibration methods can produce hypothetical participation levels that closely correspond with actual program participation rates. However, the two methods demonstrate procedural variance as they yield significantly different underlying distributions of willingness to pay.

Technical Details

RePEc Handle
repec:wly:soecon:v:69:y:2003:i:4:p:886-902
Journal Field
General
Author Count
4
Added to Database
2026-01-29