| Registro completo |
| Provedor de dados: |
AgEcon
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| País: |
United States
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| Título: |
Buying Time: Real and Hypothetical Offers
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| Autores: |
Smith, V. Kerry
Mansfield, Carol
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| Data: |
2005-11-08
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| Ano: |
1996
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| Palavras-chave: |
Contingent value
Real and hypothetical offer
Willingness to accept
Experiment
Institutional and Behavioral Economics
C93
D12
Q2
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| Resumo: |
This paper provides the results of a field test of contingent valuation estimates within a willingness to accept framework. Using dichotomous choice questions in telephone mail-telephone interviews, we compare responses to real and hypothetical offers to survey respondents for the opportunity to spend time in a second set of interviews on an undisclosed topic. Five hundred and forty people were randomly split between the real and hypothetical treatments. Our findings indicate no significant differences between people's choices with real and hypothetical offers. Choice models indicate the size of the offer and income were significant determinants of respondents' decisions, and these models were not significantly different between real and hypothetical offers.
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| Tipo: |
Working or Discussion Paper
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| Idioma: |
Inglês
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| Identificador: |
18858
http://purl.umn.edu/10719
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| Editor: |
AgEcon Search
|
| Relação: |
Resources for the Future>Discussion Papers
Discussion Paper 97-09
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| Formato: |
37
application/pdf
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