Payment and Policy Consequentiality in Dichotomous Choice Contingent Valuation: Experimental Design Effects on Self-Reported Perceptions

2021 ◽  
pp. 091219-0132R
Author(s):  
Tobias Börger ◽  
Tenaw G. Abate ◽  
Margrethe Aanesen ◽  
Ewa Zawojska
Keyword(s):  
Experimental Design ◽  
Contingent Valuation ◽  
Dichotomous Choice ◽  
Design Effects

Payment and Policy Consequentiality in Dichotomous Choice Contingent Valuation: Experimental Design Effects on Self-Reported Perceptions

2021 ◽  
Vol 97 (2) ◽  
pp. 407-424
Author(s):  
Tobias Börger ◽  
Tenaw G. Abate ◽  
Margrethe Aanesen ◽  
Ewa Zawojska
Keyword(s):  
Experimental Design ◽  
Contingent Valuation ◽  
Dichotomous Choice ◽  
Design Effects

scholarly journals Consumer willingness-to-pay for restaurant surcharges to reduce carbon emissions: default and information effects

2021 ◽  
pp. 1-29
Author(s):  
Dede Long ◽  
Grant H. West ◽  
Rodolfo M. Nayga
Keyword(s):  
Climate Change ◽  
Willingness To Pay ◽  
Contingent Valuation ◽  
Carbon Emissions ◽  
Emission Reduction ◽  
Carbon Emission ◽  
Dichotomous Choice ◽  
Carbon Reduction ◽  
The Mean ◽  
Agriculture And Food

Abstract The agriculture and food sectors contribute significantly to greenhouse gas emissions. About 15 percent of food-related carbon emissions are channeled through restaurants. Using a contingent valuation (CV) method with double-bounded dichotomous choice (DBDC) questions, this article investigates U.S. consumers’ willingness to pay (WTP) for an optional restaurant surcharge in support of carbon emission reduction programs. The mean estimated WTP for a surcharge is 6.05 percent of an average restaurant check, while the median WTP is 3.64 percent. Our results show that individuals have a higher WTP when the surcharge is automatically added to restaurant checks. We also find that an information nudge—a short climate change script—significantly increases WTP. Additionally, our results demonstrate that there is heterogeneity in treatment effects across consumers’ age, environmental awareness, and economic views. Our findings suggest that a surcharge program could transfer a meaningful amount of the agricultural carbon reduction burden to consumers that farmers currently shoulder.

scholarly journals Conjoint Analysis of Groundwater Protection Programs

1997 ◽  
Vol 26 (2) ◽  
pp. 229-236 ◽  
Author(s):  
Thomas H. Stevens ◽  
Christopher Barrett ◽  
Cleve E. Willis
Keyword(s):  
Contingent Valuation ◽  
Conjoint Analysis ◽  
Groundwater Protection ◽  
Economic Value ◽  
Model Specification ◽  
Binary Response ◽  
Response Model ◽  
Dichotomous Choice ◽  
Binary Response Model

Three conjoint models—a traditional ratings model, a ratings difference specification, and a binary response model—were used to value groundwater protection program alternatives. The last, which is virtually identical to a dichotomous choice contingent valuation specification, produced the smallest value estimates. This suggests that the conjoint model is very sensitive to model specification and that traditional conjoint models may overestimate economic value because many respondents are not in the market for the commodity being valued.

The Price Insurance Demand of Rice Producers in the Vietnamese Mekong Delta

2020 ◽  
pp. 73-81
Author(s):  
Huynh Viet Khai
Keyword(s):  
Contingent Valuation ◽  
Contingent Valuation Method ◽  
Mekong Delta ◽  
Dichotomous Choice ◽  
Insurance Demand ◽  
Rice Farmers ◽  
Valuation Method ◽  
Minimum Price ◽  
Price Insurance ◽  
Shed Light

Using the dichotomous choice contingent valuation method, this chapter helps shed light on the potential for marker-based insurance schemes in Vietnam by empirically exploring the demand for minimum price insurance among rice households. The study showed that the majority of rice farmers accepted the guaranteed price of VND 4,500 per kg, and their accepted insurance fee was about 13% of the guaranteed price and 30% of the break-even price. Farmers growing rice under a monoculture system were less likely to pay for the proposed insurance service, while those with access to any formal credits were more likely to pay for it.

scholarly journals Farmers’ willingness to switch to ecological agriculture: A non-parametric analysis

2014 ◽  
Vol 60 (No. 6) ◽  
pp. 273-278
Author(s):  
C.H Yu ◽  
J.C. Yoo ◽  
B. Yao S
Keyword(s):  
Contingent Valuation ◽  
Organic Agriculture ◽  
Parametric Analysis ◽  
Contingent Valuation Method ◽  
Parametric Method ◽  
Reference Value ◽  
Dichotomous Choice ◽  
Valuation Method ◽  
The One ◽  
Non Parametric

The present study estimates the farmers’ willingness to switch to organic agriculture by using the one-and-one-half-bound dichotomous choice contingent valuation method. We survey 200 farmers in the Kwangsi-myeon, Yesan-gun (Chungnam, Korea) and ask them at what revenue level (based on a 40 kg bag of eco-friendly rice) they would be willing to switch from the conventional agricultural methods to organic agricultural methods. The Turnbull model, a non-parametric method, was then used to estimate the willingness to switch to organic agriculture. The presented results show that farmers would be willing to convert to organic agriculture if their revenues were increased to 107 369–109 230 KRW per bag from the reference value of 60 000 KRW.  

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