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Scale sensitivity and question order in the contingent valuation method
Toulouse School of Economics, Toulouse, France.
Karlstad University, Karlstad, Sweden.ORCID iD: 0000-0003-1113-7478
2014 (English)In: Journal of Environmental Planning and Management, ISSN 0964-0568, E-ISSN 1360-0559, Vol. 57, no 11, p. 1746-1761Article in journal (Refereed) Published
Abstract [en]

This study examines the effect on respondents’ willingness to pay to reduce mortality risk by the order of the questions in a stated preference study. Using answers from an experiment conducted on a Swedish sample where respondents’ cognitive ability was measured and where they participated in a contingent valuation survey, it was found that scale sensitivity is strongest when respondents are asked about a smaller risk reduction first (‘bottom-up’ approach). This contradicts some previous evidence in the literature. It was also found that the respondents’ cognitive ability is more important for showing scale sensitivity when respondents are asked about a larger risk reduction first (‘top-down’ approach), also reinforcing the result that a ‘bottom-up’ approach is more consistent with answers in line with theoretical predictions for a larger proportion of respondents.

Place, publisher, year, edition, pages
Oxfordshire, United Kingdom: Routledge, 2014. Vol. 57, no 11, p. 1746-1761
Keywords [en]
Cognitive ability, contingent valuation, mortality risk, order effect, scale sensitivity
National Category
Economics
Research subject
Economics
Identifiers
URN: urn:nbn:se:oru:diva-34227DOI: 10.1080/09640568.2013.839442ISI: 000342310400008Scopus ID: 2-s2.0-84907590624OAI: oai:DiVA.org:oru-34227DiVA, id: diva2:704535
Available from: 2014-03-12 Created: 2014-03-12 Last updated: 2017-12-05Bibliographically approved

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Svensson, Mikael

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Output format
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