Valuing public goods: Discrete versus continuous contingent-valuation responses
Publication
, Journal Article
Boyle, KJ; Johnson, FR; McCollum, DW; Desvousges, WH; Dunford, RW; Hudson, SP
Published in: Land Economics
January 1, 1996
Independent applications of openended and dichotomous-choice formats are compared using tests of means, estimating joint likelihood functions and nonparametric tests of distributions. The null hypothesis of no difference in the open-ended and dichotomous-choice estimates of central tendency cannot be rejected for two out of three data sets, while estimated standard deviations are significantly different for all three data sets. In addition, actual dichotomous-choice means and standard deviations exceed those from comparable synthetic dichotomous-choice data sets, suggesting either open-ended questions underestimate values or dichotomous-choice bid structures may lead to systematic overestimates.
Duke Scholars
Published In
Land Economics
DOI
ISSN
0023-7639
Publication Date
January 1, 1996
Volume
72
Issue
3
Start / End Page
381 / 396
Related Subject Headings
- Agricultural Economics & Policy
- 1402 Applied Economics
Citation
APA
Chicago
ICMJE
MLA
NLM
Boyle, K. J., Johnson, F. R., McCollum, D. W., Desvousges, W. H., Dunford, R. W., & Hudson, S. P. (1996). Valuing public goods: Discrete versus continuous contingent-valuation responses. Land Economics, 72(3), 381–396. https://doi.org/10.2307/3147204
Boyle, K. J., F. R. Johnson, D. W. McCollum, W. H. Desvousges, R. W. Dunford, and S. P. Hudson. “Valuing public goods: Discrete versus continuous contingent-valuation responses.” Land Economics 72, no. 3 (January 1, 1996): 381–96. https://doi.org/10.2307/3147204.
Boyle KJ, Johnson FR, McCollum DW, Desvousges WH, Dunford RW, Hudson SP. Valuing public goods: Discrete versus continuous contingent-valuation responses. Land Economics. 1996 Jan 1;72(3):381–96.
Boyle, K. J., et al. “Valuing public goods: Discrete versus continuous contingent-valuation responses.” Land Economics, vol. 72, no. 3, Jan. 1996, pp. 381–96. Scopus, doi:10.2307/3147204.
Boyle KJ, Johnson FR, McCollum DW, Desvousges WH, Dunford RW, Hudson SP. Valuing public goods: Discrete versus continuous contingent-valuation responses. Land Economics. 1996 Jan 1;72(3):381–396.
Published In
Land Economics
DOI
ISSN
0023-7639
Publication Date
January 1, 1996
Volume
72
Issue
3
Start / End Page
381 / 396
Related Subject Headings
- Agricultural Economics & Policy
- 1402 Applied Economics