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The Payment Vehicle Used in CV Studies of Environmental Goods Does Matter

Year: 2009

Type: article

Abstract: This paper examines the effect of the payment vehicle on the valuation of an environmental good with the contingent valuation method (CVM). Results from three CV studies comparing different payment vehicles by using split samples when valuing environmental encroachment caused by roads in Sweden are presented and compared to results from other such split-sample studies of payment vehicle effects. The results are consistent and show that the payment vehicle affects the valuation, but not always the way expected when considering incentives to behave strategically.

Source: RePEc: Research Papers in Economics

DOI: 10.22004/ag.econ.57628

Authors: Ivehammar, Pernilla, Ivehammar, Pernilla

Language: English

Topic: Economic and Environmental Valuation

Subfield: Economics and Econometrics

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDG: Sustainable cities and communities

Open Access status: green

OpenAlex ID: W1825788909

FWCI: 4.804

Cites: 25

Cited by: 60

Related to: 10