CONTINGENT VALUATION AND FOOTBALL: THE QUANTIFICATION OF THE WILLINGNESS TO PAY

Pablo Castellanos García

Revista Galega de Economía, 2008, vol. 17, issue 1

Abstract: This article analyses if there is any effect of the elicitation question format on the estimation, through the contingent valuation method, of the value of public goods generated by a Spanish football team. The significant differences found in the results obtained through the application of Tobit and logit models, using data stemming from a survey with a dichotomous choice with open-ended follow-up questionnaire, carried out by means of personal interviews to a sample of 800 individuals, confirm that hypothesis, so values obtained in previous studies should be considered cautiously.

Keywords: Contingent; valuation; method; /; Elicitation; question; format; bias; /; Public; goods; /; Tobit; &; logit; models (search for similar items in EconPapers)
Date: 2008
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Persistent link: https://EconPapers.repec.org/RePEc:sdo:regaec:v:17:y:2008:i:1_8

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