APPLICATION OF EXPERIMENTATAL ECONOMICS CONCEPTS AND PRECEPTS TO CVM FIELD SURVEY PROCEDURES

Experimental economics (EE) axioms are directly applied in this paper to contingent valuation method (CVM) field survey procedures. The implications of EE concepts and precepts for conceptualizing and handling potential CVM biases and framing effects also are discussed. It is concluded that EE concepts and precepts provide useful principles and guidelines for CVM field survey procedures.


Issue Date:
1989-07
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/32451
Published in:
Western Journal of Agricultural Economics, Volume 14, Number 1
Page range:
98-109
Total Pages:
12




 Record created 2017-04-01, last modified 2017-04-04

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