APPLICATION OF EXPERIMENTATAL ECONOMICS CONCEPTS AND PRECEPTS TO CVM FIELD SURVEY PROCEDURES

John Bergstrom and John R. Stoll

Western Journal of Agricultural Economics, 1989, vol. 14, issue 01, 12

Abstract: Experimental economics (EE) axioms are directly applied in this paper to contingent valuation method (CVM) field survey procedures. The implications of EE concepts and precepts for conceptualizing and handling potential CVM biases and framing effects also are discussed. It is concluded that EE concepts and precepts provide useful principles and guidelines for CVM field survey procedures.

Keywords: Research; Methods/Statistical; Methods (search for similar items in EconPapers)
Date: 1989
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Citations: View citations in EconPapers (12)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:wjagec:32451

DOI: 10.22004/ag.econ.32451

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