An Experimental Validation of Hypothetical WTP for a Recyclable Product

被引：1

作者：

Eva Camacho-Cuena

Aurora García-Gallego

Nikolaos Georgantzís

Gerardo Sabater-Grande

机构：

[1] Universitat Jaume I,Economics Department and LEE/LINEEX

[2] Universitat Jaume I,Economics Department

来源：

Environmental and Resource Economics | 2004年 / 27卷

关键词：

contingent valuation; laboratory experiments; product design; product recyclability; vertical differentiation; willingness to pay;

D O I：

暂无

中图分类号：

学科分类号：

摘要：

Using a within-subject experiment, we compare hypothetical andreal willingness to pay (WTP) for an improvement in therecyclability of a product. Subjects are faced with a real paymentscenario after they have responded to a hypothetical question.Contrary to most of the results obtained in similar studies, at apopulation level, there are no significant median differencesbetween actual and hypothetical stated values of WTP. However,within-subject comparisons between hypothetical and actual valuesindicate that subjects stating a low (high) hypothetical WTP tendto underestimate (overestimate) the value of their actualcontributions.

引用

页码：313 / 335

页数：22

共 66 条

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