Schlapfer, F. and Hanley, N. (2006) Contingent valuation and collective choice. Kyklos, 59(1), pp. 115-135. (doi: 10.1111/j.1467-6435.2006.00323.x)
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Abstract
Contingent valuation (CV) is a widely used but controversial survey-based technique for estimating the nonmarket benefits of environmental goods and services. This study is the first to compare the outcome of a self-contained CV survey with the outcome of a collective decision, by contrasting hypothetical willingness to pay with willingness to pay inferred from aggregate voting returns and tax liability distributions. The empirical dataset is from a CV survey and a referendum on a proposition to increase financing for landscape and heritage protection in the canton of Zurich, Switzerland. Voting-based willingness to pay was only a small fraction of stated willingness to pay, indicating an inflation in values due to the hypothetical context.
Item Type: | Articles |
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Status: | Published |
Refereed: | Yes |
Glasgow Author(s) Enlighten ID: | Hanley, Professor Nicholas |
Authors: | Schlapfer, F., and Hanley, N. |
College/School: | College of Medical Veterinary and Life Sciences > School of Biodiversity, One Health & Veterinary Medicine |
Journal Name: | Kyklos |
Publisher: | Wiley |
ISSN: | 0023-5962 |
ISSN (Online): | 1467-6435 |
Published Online: | 06 February 2006 |
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