Contingent Valuation: From Dubious to Hopeless

By Jerry A. Hausman. 2012

716 citations recorded by the source corpus.

Subfields: Economics and Econometrics, General Decision Sciences

View Paper: https://www.semanticscholar.org/paper/66bdd1821b58d3c70bfe17bcdfcd54a0247335f5

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Citations in the corpus

Does Better Information Lead to Better Choices? Evidence from Energy-Efficiency Labels (2016, background): “616 Journal of the Association of Environmental and Resource Economists September 2016 from stated-choice experiments (Hausman 2012).”
2013WAEA Keynote Address: Strategies for Overcoming Hypothetical Bias in Stated Preference Surveys (2014, background): “However, consistent with others (Little and Berrens, 2004, p. 2), the empirical evidence cited below, and general concern voiced by many skeptical economists (Diamond and Hausman, 1994; Hausman, 2012), this hypothetical bias often manifests itself as overstatement of WTP.”
How to value biodiversity in environmental management (2015, background): “One disadvantage related to these contingent valuation surveys is that they pose a hypothetical question of people’s WTP, which leads to the broadly studied problem of ‘hypothetical bias’ (e.g., Venkatachalam, 2004; Murphy et al., 2005; Loomis, 2011; Hausman, 2012).”
Consequences of the Clean Water Act and the Demand for Water Quality* (2018, neutral): “D ow nloaded from https://academ ic.oup.com /qje/article-abstract/134/1/349/5092609 by guest on 15 M arch 2020 2000a), which are controversial (Hausman 2012; Kling, Phaneuf, and Zhao 2012; McFadden and Train 2017).”
The Value of Working Conditions in the United States and Implications for the Structure of Wages (2018, neutral): “We are of course aware that the advantages of the stated-preference approach come at potential costs, in particular concerns about external validity (Diamond and Hausman, 1994; Manski, 1999; Hausman, 2012).”
Experimental Evidence on the Economics of Rural Electrification (2020, background): “StatedWTPmay better capture household valuation in the presence of credit constraints, although they may also overstate actual demand as a result of wishful thinking or social desirability bias (Hausman 2012).”
Non‐Market Valuation: Usage and Impacts in Environmental Policy and Management in Australia (2015, neutral): “It appears that these researchers may be assuming that the continuing debate about NMV within economics (e.g., Kline et al. 2012; Hausman 2012) may be affecting the attitudes of environmental decision makers, which is a suggestion that has been made before in the literature (e.”
External costs of electric vehicles (2016, background): “Even the more recent contingent valuation approach is increasingly criticised (e.g. Hausman, 2012).”
Contemporary Guidance for Stated Preference Studies (2017, methodology): “FA5facts.settlement, accessed September 22, 2016), consultants employed by Exxon compiled evidence suggesting that CV could not reliably measure non-use values (Hausman 1993).”
The Role of Stated Preference Valuation Methods in Understanding Choices and Informing Policy (2019, background): “The debate over the validity of SP methods over the last 30 years has been very lively, particularly when fuelled by use of the approach in high-profile environmental disasters such as the Exxon Valdez and Deepwater Horizon oil spills (e.g., Carson 2012; Hausman 2012; Kling, Phaneuf, and Zhao 2012; ”
Incorporating ecosystem services in marine planning: The role of valuation (2014, background): “While acknowledging that ESV clearly makes use of market and nonmarket approaches to valuation, this paper focuses primarily on the nonmarket area, given methodological challenges and the ensuing controversy that still accompanies the application of relevant approaches (Baveye, Baveye, and Gowdy 201”
Foundations of Stated Preference Elicitation: Consumer Behavior and Choice-based Conjoint Analysis (2019, background): “(2001), Carson (2012), Hausman (2012), and Kling et al. (2012). Its reliability in relation to stated preference elicitation for market goods is discussed by McFadden (2017). The version of record is available at: http://dx.”