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ResearchPaper
2008
Better than their reputation : a case for mail surveys in contingent valuation
Better than their reputation : a case for mail surveys in contingent valuation
Abstract (English)
Though contingent valuation is the dominant technique for the valuation of public projects, especially in the environmental sector, the high costs of contingent valuation surveys prevent the use of this method for the assessment of relatively small projects. The reason for this cost problem is that typically only contingent valuation studies which are based on face-to-face interviews are accepted as leading to valid results. Especially in countries with high wages face-to-face surveys are extremely costly considering that for a valid contingent valuation study a minimum of 1,000 completed face-to-face interviews is required. In this paper we try a rehabilitation of mail surveys as low-budget substitutes for costly face-to-face surveys. Based on an empirical contingent valuation study in Northern Thailand we show that the validity of mail surveys can be improved significantly if so-called citizen expert groups are employed for a thorough survey design.
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Publication series
Hohenheimer Diskussionsbeiträge; 297
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Faculty
Faculty of Business, Economics and Social Sciences
Institute
Institut für Volkswirtschaftslehre (bis 2010)
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Language
English
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Classification (DDC)
330 Economics
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BibTeX
@techreport{Sinphurmsukskul2008,
url = {https://hohpublica.uni-hohenheim.de/handle/123456789/5182},
author = {Sinphurmsukskul, Nopasom and Sangkapitux, Chapika and Neef, Andreas et al.},
title = {Better than their reputation : a case for mail surveys in contingent valuation},
year = {2008},
school = {Universität Hohenheim},
series = {Hohenheimer Diskussionsbeiträge},
}