Consequentiality and Opt-out Responses in Stated Preference Surveys. (December 2014)

• Record Type: Journal Article
• Authors: Hwang, Joonghyun; Petrolia, Daniel R.; Interis, Matthew G.
• Is Part Of: Agricultural and resource economics review. Volume 43:Number 3(2014)
• Page Start: 471
• Page End: 488
• Publication Date: 2014-12
• Subjects: consequentiality, -- nonmarket valuation, -- opt-out response, -- stated preference, -- wetlands; Sustainable agriculture -- Periodicals; Sustainable agriculture -- United States -- Periodicals; Natural resources -- Periodicals; Agriculture -- Economic aspects -- Periodicals; Rural development -- Periodicals; 338.10974
• DOI: 10.1017/S1068280500005554
• Languages: English
• ISSNs: 1068-2805

Abstract

Abstract : The objective of this study was to test for the effect of consequentiality on the probability of a respondent opting out of voting in a stated preference survey. We find that respondents who believe that the survey is inconsequential are more likely to opt out than to vote yes in both binomial-choice and multinomial-choice formats and are more likely to vote no than to opt out in the multinomial-choice format. We also find that respondents who are uncertain about consequentiality are more likely to opt out than to choose yes or no under both choice formats.