Measuring Nonuse Damages Using Contingent Valuation: An Experimental Evaluation of Accuracy¶
Desvousges, W. H. (2010). Measuring Nonuse Damages Using Contingent Valuation: An Experimental Evaluation of Accuracy: An Experimental Evaluation of Accuracy.
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Domain-specific¶
- Scope Neglect
- Asked how much they would pay to save 2,000, 20,000, or 200,000 birds from oil-soaked deaths, respondents return willingness-to-pay figures statistically indistinguishable across a hundredfold range in scope
This sourceReports the group-mean willingness-to-pay figures of roughly $80, $78 and $88 across a hundredfold scope range, with the between-condition differences not statistically distinguishable from zero.
- Asked how much they would pay to save 2,000, 20,000, or 200,000 birds from oil-soaked deaths, respondents return willingness-to-pay figures statistically indistinguishable across a hundredfold range in scope
Verification¶
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