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

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.


Issue Date:
2009-12
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/57628
Published in:
Journal of Agricultural and Resource Economics, Volume 34, Number 3
Page range:
450-463
Total Pages:
14




 Record created 2017-04-01, last modified 2017-08-25

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