VERBI VEnice Research BIbliography
VERBI VEnice Research BIbliography |
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Zanatta, V. (2002). Psychological responding effects and bias interpretation in CVM studies: An introduction review. Scientific Research and Safeguarding of Venice, Corila Research Program 2001 Results, I, 27–41.
Added by: Dott. Alessandro Meggiato (28/05/2014 16:19:17) |
| Tipo di Risorsa: Articolo di Rivista Chiave di citazione BibTeX: Zanatta2002 Invia la risorsa per email ad un amico View all bibliographic details  |
Categorie: General Keywords: economia e aspetti sociali - Economics, extend abstract corila Creatori: Zanatta Collezione: Scientific Research and Safeguarding of Venice, Corila Research Program 2001 Results |
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| Abstract |
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This paper is focused on what a respondent may be thinking while answering a WTP question, and on the most relevant bias in CV studies deriving from psychological response effects in survey-based searches. The aim of the present analysis is reviewing some applications which could make able in controlling what CV really estimates. To start, it is important to gather some awareness in the process of economic thought (and not only of its product). Some important studies of last decade demonstrated that the value assessed by CV can be sensitive to theoretically irrelevant factors and insensitive to theoretically relevant ones. For example, response modes, referred as different methods for eliciting preferences, can affect the results of CV (McFadden and Leonard, 1993; Swallow, Opaluch and Weaver, 1997; Blamey, Bennett and Morrison, 1999). Moreover, answers seem widely affected by respondents’ moral satisfaction when they accept to pay for a symbolic amenity instead of for the specific level of provision described in the CV scenario (Kahneman and Knetsch, 1992; Brekke and Howarth, 2000). But where does such effects come from? What are psychological mechanisms these biases derive from? The present paper links some evidences from cognition process, decision making and answering formation, to some CVM common biases, as to introduce a theoretical and methodological basis for case study experiment. Added by: Dott. Alessandro Meggiato |