Construct Validity of Dichotomous and Polychotomous Choice Contingent Valuation Questions

John Whitehead, Ju-Chin Huang, Glenn Blomquist and Richard Ready

Environmental & Resource Economics, 1998, vol. 11, issue 1, 107-116

Abstract: In this note we conduct construct validity tests for dichotomous choice (DC) and polychotomous choice (PC) contingent valuation questions. Contrary to previous results, we find that DC and PC estimates of willingness to pay are theoretically valid, convergent valid, and similar in terms of statistical precision. Similar to previous results, PC respondents are less sensitive to information than DC respondents. We conclude that DC and PC valuation questions are construct valid for this study. Sequential PC valuation questions could be used in studies where obtaining information about the certainty or intensity of respondent preferences would be useful. Copyright Kluwer Academic Publishers 1998

Keywords: contingent valuation; dichotomous choice; polychotomous choice; construct validity (search for similar items in EconPapers)
Date: 1998
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Citations: View citations in EconPapers (15)

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DOI: 10.1023/A:1008231430184

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