Convergent validity in contingent valuation: an application to the willingness to pay for national climate change mitigation targets in Germany1. (20th April 2016)

• Record Type: Journal Article
• Authors: Uehleke, Reinhard
• Is Part Of: Australian journal of agricultural and resource economics. Volume 61:Number 1(2017)
• Page Start: 76
• Page End: 94
• Publication Date: 2016-04-20
• Subjects: climate change mitigation -- contingent valuation -- hypothetical bias -- question format -- willingness to pay; Agriculture -- Economic aspects -- Periodicals; Agriculture -- Environmental aspects -- Periodicals; Natural resources -- Periodicals; Agriculture -- Economic aspects -- Australia -- Periodicals; Natural resources -- Australia -- Periodicals; 338.1
• DOI: 10.1111/1467-8489.12148
• Languages: English
• ISSNs: 1364-985X

Abstract

Abstract : This stated preferences survey determines the willingness to pay (WTP) for climate change mitigation policies using a representative sample of the German population. WTP is compared across three valuation question formats in a split sample design: the dichotomous choice (DC) referendum, the dissonance minimizing (DM) referendum and the two‐way payment ladder (TWPL). The influence of multinational cooperation on WTP is assessed by variation in the hypothetical scenarios. We demonstrate that the DM referendum and the TWPL, two question formats that induce similar response incentives, yield equal mean WTPs. Multinational cooperation did not change WTP in any of the question formats. Implications for current contingent valuation practice are discussed.