haku: @author Linden, J. W. van der / yhteensä: 1
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| Tekijä: | Hoevenagel, R. Linden, J. W. van der |
| Otsikko: | Effects of different descriptions of the ecological good on willingness to pay values |
| Lehti: | Ecological Economics
1993 : VOL 7:3, p.223-238 |
| Asiasana: | ECOLOGY PRODUCTS PRICES SURVEYS |
| Kieli: | eng |
| Tiivistelmä: | The contingent valuation /CV/ method is a survey-based method that is used to put a price on ecological goods. Due to its hypothetical character, the validity , of the CV method forms part of an ongoing debate. This article deals with the proper description of the ecological good of interest. A field experiment was conducted to study the effects of three descriptions of the good. The results show that rather large differences in the description of this good have a significant effect on the willingness to pay /WTP/ values. It seems as if certain information thresholds have to be overcome in order to affect WTP values. |
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