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- W128918341 abstract "The possible inability of respondents in contingent valuation surveys to offer higher willingness-to-pay amounts for a good or service that the survey researcher believes to be unambiguously better than another good or service has been termed the “embedding ” or the “part-whole” problem. Draft guidelines issued by the United States National Oceanic and Atmospheric Administration (NOAA) in 1994 for the use of the contingent valuation method to assess natural resource damages require that at least three split sample “tests of scope” be conducted to determine whether this embedding problem exists. If it does, the accuracy of the CV results is called into question. These “tests of scope” are to offer three different groups of respondents three valuation scenarios in order to see whether respondents value them differently. A “successful” experiment will increase one’s confidence that respondents are somehow “sensitive” to the specific good or service described, and are not valuing some other commodity or scenario. How one judges whether a test of scope has been successful (and thus the contingent valuation results can be used) is unclear.1 Nor did NOAA offer guidance on the appropriate procedures to use when carrying out tests of scope. Future research is clearly required on how best to implement tests of scope.KeywordsService LevelContingent ValuationTobit ModelContingent Valuation MethodEmbedding ProblemThese keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves." @default.
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- W128918341 date "1997-01-01" @default.
- W128918341 modified "2023-09-27" @default.
- W128918341 title "The Effect of Giving Respondents “Time to Think” on Tests of Scope: An Experiment in Calamba, Philippines" @default.
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