Convergent validity between willingness to pay elicitation methods: an application to Grand Canyon whitewater boaters

We directly compare trip willingness to pay (WTP) values between dichotomous choice contingent valuation (DCCV) and discrete choice experiment (DCE) stated preference surveys of private party Grand Canyon whitewater boaters. The consistency of DCCV and DCE estimates is debated in the literature, and...

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Veröffentlicht in:Journal of environmental planning and management 2019-03, Vol.62 (4), p.611-625
Hauptverfasser: Neher, Christopher, Bair, Lucas, Duffield, John, Patterson, David, Neher, Katherine
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container_end_page 625
container_issue 4
container_start_page 611
container_title Journal of environmental planning and management
container_volume 62
creator Neher, Christopher
Bair, Lucas
Duffield, John
Patterson, David
Neher, Katherine
description We directly compare trip willingness to pay (WTP) values between dichotomous choice contingent valuation (DCCV) and discrete choice experiment (DCE) stated preference surveys of private party Grand Canyon whitewater boaters. The consistency of DCCV and DCE estimates is debated in the literature, and this study contributes to the body of work comparing the methods. Comparisons were made of mean WTP estimates for four hypothetical Colorado River flow-level scenarios. Boaters were found to most highly value mid-range flows, with very low and very high flows eliciting lower WTP estimates across both DCE and DCCV surveys. Mean WTP precision was estimated through simulation. No statistically significant differences were detected between the two methods at three of the four hypothetical flow levels.
doi_str_mv 10.1080/09640568.2018.1435411
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source PAIS Index; Taylor & Francis:Master (3349 titles)
subjects Contingent valuation
Convergent validity
Discrete choice
Elicitation
Estimates
Grand Canyon
Polls & surveys
River flow
Rivers
Simulation
Statistical analysis
Trip estimation
Trip generation
Valuation
Values
White water
whitewater
Willingness to pay
title Convergent validity between willingness to pay elicitation methods: an application to Grand Canyon whitewater boaters
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