How certain are visitors of their economic values of river recreation: an evaluation using repeated questioning and revealed preference

How certain are visitors of their economic values of river recreation: an evaluation using repeated questioning and revealed preference

We test the robustness of visitor dichotomous choice willingness to pay (WTP) for maintaining instream flow by challenging respondent's affirmative answers. This is followed by rephrasing the per trip WTP question into an annual dichotomous choice WTP question and reasking the question. About 5...

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Bibliographic Details
Published in:Water resources research 1997-05, Vol.33 (5), p.1187-1193
Main Authors: Loomis, J.B. (Colorado State University, Fort Collins.), Gonzalez-Caban, A
Format: Article
Language:eng
Subjects:
AGUA
CONTINGENT VALUATION METHOD
COURS D'EAU
CURSOS DE AGUA
EAU
ENCUESTAS
ENQUETE
LOISIR
METHODE STATISTIQUE
METODOS ESTADISTICOS
RECREACION
RECREATION
RIVERS
STATISTICAL METHODS
SURVEYS
TRAVEL COST METHOD
USE VALUE
VALEUR D'UTILISATION
VALOR DE USO
WATER
WATER RECREATION
WILLINGNESS TO PAY
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Summary:We test the robustness of visitor dichotomous choice willingness to pay (WTP) for maintaining instream flow by challenging respondent's affirmative answers. This is followed by rephrasing the per trip WTP question into an annual dichotomous choice WTP question and reasking the question. About 5% of visitors revised their "yes" answer to "no." Estimated WTP changed from $12.81 per trip to $11.96 per trip. Using the method of convolutions, this is an insignificant difference. To further evaluate the robustness of contingent valuation method estimated WTP, these values are compared to WTP derived from the revealed preference travel cost model of the same visitors. No statistical difference was found
ISSN:0043-1397
1944-7973