Learning and preference formation in a double bounded contingent valuation study of willingness-to-accept to engage in nested recreational health benefit schemes

W George Hutchinson*, Jianjun Tang, Alberto Longo, Ruth Hunter, Frank Kee

*Corresponding author for this work

Research output: Contribution to conferencePaperpeer-review

Abstract

Abstract: This survey examines willingness-to-accept payments to engage in additional outdoor physical activity(PA) to reach national public health PA targets. The paper tests whether anchoring and inconsistencies present in Double-Bounded Dichotomous Choice (DBDC) willingness to pay (WTP) are also found in willingness-to-accept (WTA) studies and, if so, whether these anomalies can be eliminated in top down and bottom up valuation sequences for quantitatively nested goods. We also use advanced disclosure learning of the multiple goods valued; of the double referendum mechanisms used, including a novel exclusive list framing of DBDC valuation questions. Based on an online survey of 748 office-based employees, we show that the two treatments combined with a repetitive nested design attenuated conventional inconsistency and anchoring in WTA.
Original languageEnglish
Number of pages42
Publication statusPublished - 28 Jun 2019
EventEuropean Association of Environmental and Resource Economists 28th Annual Conference 2019 Manchester UK 26th -29 June 2019 - Manchester University , Manchester, United Kingdom
Duration: 26 Jun 201929 Jun 2019
Conference number: 28th

Conference

ConferenceEuropean Association of Environmental and Resource Economists 28th Annual Conference 2019 Manchester UK 26th -29 June 2019
Abbreviated title28thEAERE Annual Conference
Country/TerritoryUnited Kingdom
CityManchester
Period26/06/201929/06/2019

Keywords

  • Keywords: Learning design contingent valuation; Double-bounded dichotomous choice; 17 Willingness-to-accept (WTA); Advanced disclosure; Exclusive list valuation framing; Outdoor 18 physical activity; Financial incentives for behaviour change; Top down versus bottom up 19 nesting of WTA

Fingerprint

Dive into the research topics of 'Learning and preference formation in a double bounded contingent valuation study of willingness-to-accept to engage in nested recreational health benefit schemes'. Together they form a unique fingerprint.

Cite this