A Hypothetical Test on the Interdependence of Two Subsequent in the Double Bounded Contingent Valuation Method

양분형 조건부가치평가에서 응답간 상호종속성에 대한 가설 검정

  • 박주헌 (동덕여자대학교 경제학과)
  • Published : 2003.03.30

Abstract

Even though the double bounded contingent valuation method(DBCVM) is an efficient estimation method of the willingness to pay for a non-market good, it has long been criticized to be an inappropriate estimation method because of interdependence of subsequent two answers during a course of survey. Many experimental studies have reported that two subsequent answers are not made independently, but the second answer depends upon the first answer. There are many hypotheses contending a different pattern of dependence of the answers. In this study, the dependence of two answers are tested. But no dependence pattern has been detected.

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