Necessary conditions for demand revelation in double referenda

Katherine Silz Carson; Susan M. Chilton; W. George Hutchinson

doi:10.1016/j.jeem.2008.07.005

Necessary conditions for demand revelation in double referenda

Katherine Silz Carson, Susan M. Chilton, W. George Hutchinson

School of Biological Sciences

Research output: Contribution to journal › Article › peer-review

11 Citations (Scopus)

Abstract

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 control over the mechanism achieved in the lab may not be transferrable to the field and WTP estimates derived from field surveys may remain biased. (c) 2008 Elsevier Inc. All rights reserved.

Original language	English
Pages (from-to)	219-225
Number of pages	7
Journal	Journal of Environmental Economics and Management
Volume	57
Issue number	2
DOIs	https://doi.org/10.1016/j.jeem.2008.07.005 https://doi.org/10.1016/j.jeem.2008.07.005
Publication status	Published - Mar 2009

ASJC Scopus subject areas

Economics and Econometrics
Management, Monitoring, Policy and Law

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title = "Necessary conditions for demand revelation in double referenda",

abstract = "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 control over the mechanism achieved in the lab may not be transferrable to the field and WTP estimates derived from field surveys may remain biased. (c) 2008 Elsevier Inc. All rights reserved.",

author = "Carson, {Katherine Silz} and Chilton, {Susan M.} and Hutchinson, {W. George}",

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AU - Chilton, Susan M.

AU - Hutchinson, W. George

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AB - 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 control over the mechanism achieved in the lab may not be transferrable to the field and WTP estimates derived from field surveys may remain biased. (c) 2008 Elsevier Inc. All rights reserved.

U2 - 10.1016/j.jeem.2008.07.005

DO - 10.1016/j.jeem.2008.07.005

M3 - Article

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JO - Journal of Environmental Economics and Management

JF - Journal of Environmental Economics and Management

SN - 0095-0696

IS - 2

ER -

Necessary conditions for demand revelation in double referenda

Abstract

ASJC Scopus subject areas

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