Necessary conditions for demand revelation in double referenda

This paper demonstrates a set of necessary conditions that should generate unbiased, internally consistent estimates of willingness to pay (WTP) from a double referendum mechanism. These conditions are also sufficient for demand revelation in an experimental laboratory environment. However, the cont...

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Veröffentlicht in:	Journal of environmental economics and management 2009-03, Vol.57 (2), p.219-225
Hauptverfasser:	Carson, Katherine Silz, Chilton, Susan M., Hutchinson, W. George
Format:	Artikel
Sprache:	eng
Schlagworte:	Bias Consequential double referendum Contingent valuation Contingent valuation Demand revelation Consequential double referendum Demand Demand analysis Demand revelation Estimating techniques Estimation Estimation bias Experiments Referendums Studies Surveys Willingness to pay
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