Article ID Journal Published Year Pages File Type
5052540 Ecological Economics 2006 13 Pages PDF
Abstract
A field test of two types of certainty calibration techniques in contingent valuation of public lands indicated that a 10-point certainty scale reduced WTP estimates by about half. Adjusting for uncertainty via a 'Not Sure' option did not reduce WTP estimates but the variance increased. There are several differences between these two ways of accounting for respondents' uncertainty, which may suggest why they provide different WTP value estimates and variances.
Related Topics
Life Sciences Agricultural and Biological Sciences Ecology, Evolution, Behavior and Systematics
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