 Do Hypothetical and Actual Willingness to Pay Differ in Choice Experiments? - Application to the Valuation of the EnvironmentFredrik Carlsson and Peter Martinsson No 13, Working Papers in Economics from University of Gothenburg, Department of Economics Abstract: In this paper we test the validity of choice experiments with donations for environmental projects. In particular, we test whether or not willingness to pay for projects differs between a hypothetical and an actual choice experiment. Our results do not indicate that choice experiments suffer from overstatement in hypothetical willingness to pay; and this contrasts the results found in external tests of validity in Contingent Valuation. In addition, internal tests of validity indicate transitive and stable preferences in both experiments. Keywords: Choice experiments; External validity; Internal validity; Hypothetical and actual WTP; Public goods (search for similar items in EconPapers) Published as Carlsson, Fredrik and Peter Martinsson, 'Do Hypothetical and Actual Willingness to Pay Differ in Choice Experiments? - Application to the Valuation of the Environment' in Journal of Environmental Economics and Management, 2000, pages 179-192. There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:hhs:gunwpe:0013 Ordering information: This working paper can be ordered from Access Statistics for this paper More papers in Working Papers in Economics from University of Gothenburg, Department of Economics Department of Economics, School of Business, Economics and Law, University of Gothenburg, Box 640, SE 405 30 GÖTEBORG, Sweden. Contact information at EDIRC. |
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