PROTEST BIDDERS IN CONTINGENT VALUATION

Protest bids are often excluded during analysis of contingent valuation method data. It is suggested that this procedure might introduce significant bias. Protest bids are often registered by respondents who may actually place a higher- or lower-than-average value on the commodity in question but refuse to pay on the basis of ethical or other reasons. Exclusion of protest bids may therefore bias willingness to pay (WTP) results, but the direction of bias is indeterminate a priori.


Issue Date:
1992-10
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/29000
Published in:
Northeastern Journal of Agricultural and Resource Economics, Volume 21, Number 2
Page range:
160-169
Total Pages:
10




 Record created 2017-04-01, last modified 2018-01-22

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