Contingent Valuation and Incentives

@inproceedings{Champ2003ContingentVA,
  title={Contingent Valuation and Incentives},
  author={Patricia Ann Champ and Nicholas E. Flores and Thomas Ciufo Brown and James Chivers},
  year={2003}
}
We empirically investigate the effect of the payment mechanism on contingent values by asking a willingness-to-pay question with one of three different payment mechanisms: individual contribution, contribution with provision point, and referendum. We Ž nd statistical evidence of more afŽ rmative responses in the referendum treatment relative to the individual contribution treatment, some weak statistical evidence of more afŽ rmative responses in the referendum treatment relative to the… CONTINUE READING