Convergent Validity in Contingent Valuation: An Application to the Willingness to Pay for National Climate Change Mitigation Targets in Germany

19 Pages Posted: 18 Jan 2017

See all articles by Reinhard Uehleke

Reinhard Uehleke

Leipzig University of Applied Sciences - HTWK Leipzig

Date Written: January 2017

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.

Keywords: climate change mitigation, contingent valuation, hypothetical bias, question format, willingness to pay

Suggested Citation

Uehleke, Reinhard, Convergent Validity in Contingent Valuation: An Application to the Willingness to Pay for National Climate Change Mitigation Targets in Germany (January 2017). Australian Journal of Agricultural and Resource Economics, Vol. 61, Issue 1, pp. 76-94, 2017, Available at SSRN: https://ssrn.com/abstract=2901200 or http://dx.doi.org/10.1111/1467-8489.12148

Reinhard Uehleke (Contact Author)

Leipzig University of Applied Sciences - HTWK Leipzig ( email )

Leipzig
Germany

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