Contingent Valuation and Incentives

By P. Champ, Nicholas E. Flores, Thomas Brown, J. Chivers. Land Economics, 2002

129 citations recorded by the source corpus.

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

Cost-Benefit Analysis and the Environment: Recent Developments (2006, background): “A study by Champ et al. (2002) has sought to test some of these ideas.”
Are We Willing to Pay Enough to `Back the Bid'?: Valuing the Intangible Impacts of London's Bid to Host the 2012 Summer Olympic Games (2008, background): “As noted by Champ et al. (2002), payment vehicle choice is also a practical matter about what respondents fi nd credible and realistic.”
What determines urban households' willingness to pay for CO2 emission reductions in Turkey: A contingent valuation survey (2011, background): “The second is the incentive-compatibility factor, which suggests that, since the financial burden is never shouldered fully by one and always shared by others, it is always optimal to overstate self-reported figures in order to increase the likelihood that the project is realised (Carson and Groves,”
Using contingent valuation to explore willingness to pay for renewable energy: A comparison of collective and voluntary payment vehicles (2002, background): “Consistent with Champ et al. (2002), results from this study suggest that the first effect may exert a slightly more powerful influence on survey responses than the second, at least in the setting presented in this article.”
A Comparison of Approaches to Mitigate Hypothetical Bias (2009, background): “Trade-offs in terms of credibility must be weighed against other issues such as incentive compatibility (Champ et al. 2002).”