Subscription or Fee Access
Testing for Hypothetical Bias in a Choice Experiment Using a Local Public Good: Riparian Forest Restoration
The persistence of hypothetical bias in the contingent valuation method for valuing environmental goods has spurred interest in the use of choice experiments as an alternative stated preference method. Choice experiments have been hypothesized to be less prone to hypothetical bias than the more common contingent valuation method. This research investigates potential hypothetical bias in a choice experiment study valuing riparian forest restoration activities in the state of New Mexico, U.S.A.. Findings indicate that choice experiments also demonstrate evidence of hypothetical bias. This result occurs using a relatively homogenous sample and under what might be argued to be likely conditions for minimizing potential bias in the for the valuation of environmental goods: (1) utilizing a local public good that participants have some familiarity with and (2) using only the preferences of individuals who believed their responses could have an impact on policy decisions.
Hypothetical Bias; Choice Experiments; Riparian Forest Restoration; Consequential
Disclaimer/Regarding indexing issue:
We have provided the online access of all issues and papers to the indexing agencies (as given on journal web site). It’s depend on indexing agencies when, how and what manner they can index or not. Hence, we like to inform that on the basis of earlier indexing, we can’t predict the today or future indexing policy of third party (i.e. indexing agencies) as they have right to discontinue any journal at any time without prior information to the journal. So, please neither sends any question nor expects any answer from us on the behalf of third party i.e. indexing agencies.Hence, we will not issue any certificate or letter for indexing issue. Our role is just to provide the online access to them. So we do properly this and one can visit indexing agencies website to get the authentic information.