Does public opinion influence willingness-to-pay? Evidence from the field

Olivier CHANEL, Susan Cleary and Stéphane Luchini

Applied Economics Letters, 2006, vol. 13, issue 13, pages 821-824

Abstract: Contingent valuation (CV) surveys have been criticized for assuming that respondents have well-defined preferences. Using an innovative field experiment dealing with a privatized public good, it is shown that respondents are not influenced by public opinion but are positively responsive to scientific information.

Date: 2006
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