Cognitive Decision Processes, Information, and Contingent Valuation

John Bergstrom and John R. Stoll

No 278589, 1985 Annual Meeting, August 4-7, Ames, Iowa from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: The effect of informational structure on valuations was tested in a laboratory controlled, contingent valuation experiment. Informational structure significantly influenced bids in a desirable and expected manner. Thus, knowledge of the effect of information structure on bidding behavior may be critical for design of sound contingent valuation markets.

Keywords: Marketing; Research Methods/ Statistical Methods (search for similar items in EconPapers)
Pages: 27
Date: 1985-08
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea85:278589

DOI: 10.22004/ag.econ.278589

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