Referendum Design And Contingent Valuation: The Noaa Panel'S No-Vote Recommendation

A-Tier
Journal: Review of Economics and Statistics
Year: 1998
Volume: 80
Issue: 3
Pages: 484-487

Authors (6)

Richard T. Carson (University of California-San D...) W. Michael Hanemann (Arizona State University) Raymond J. Kopp Jon A. Krosnick (not in RePEc) Robert Cameron Mitchell (not in RePEc) Stanley Presser (not in RePEc)

Score contribution per author:

0.670 = (α=2.01 / 6 authors) × 2.0x A-tier

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

Abstract

This paper considers the effects for offering a "would-not-vote" option in contingent valuation (CV) questions framed using the referendum format. This approach arises from a suggestion made by the National Oceanic and Atmospheric Administration's (NOAA) panel on contingent valuation. The NOAA panel was asked to evaluate the use of this method for estimating the economic value of nonmarketed environmental resources in the context of natural resource damage assessments. This test used the CV questionnaire developed for the study of the Exxon Valdez oil spill conducted by the State of Alaska with in-person interviews. The findings suggest that when those selecting the "would-not-vote" response are treated as having voted "against" the program (a conservative coding), offering this option does not alter (1) the distribution of "for" and "against" responses (2) the estimates of willingness to pay derived from these choices, or (3) the construct validity of the results. © 1998 by the President and Fellows of Harvard College and the Massachusetts Institute of Technology

Technical Details

RePEc Handle
repec:tpr:restat:v:80:y:1998:i:3:p:484-487
Journal Field
General
Author Count
6
Added to Database
2026-01-25