G2TT
来源类型FEEM working papers "Note di lavoro" series
规范类型论文
Proportionality of Willingness to Pay to Small Risk Changes - The Impact of Attitudinal Factors in Scope Tests
Andrea M. Leiter; Gerald J. Pruckner
发表日期2006
出处Climate Change and Sustainable Development
出版年2006
语种英语
摘要Sensitivity (proportionality) of willingness to pay to (small) risk changes is often used as a criterion to test for valid measures of economic preferences. In a contingent valuation (CV) study conducted in Austria in February 2005 1,005 respondents were asked their willingness to pay (WTP) for preventing an increase in risk by 1/42,500 and 3/42,500, respectively. WTP for the higher risk variation is significantly higher than WTP for the lower risk change. We find evidence that those respondents who have personal experience with avalanches combine the information about future risk increase, provided in the survey, with the observed number of mortal avalanche accidents in the past. The proportionality of WTP holds if such prior experiences are taken into account and the influence of attitudinal factors in scope tests are controlled for.
特色分类D81,J17,Q54
关键词Contingent Valuation,Willingness to Pay,Scope Test,Sensitivity of WTP
URLhttps://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/proportionality-of-willingness-to-pay-to-small-risk-changes-the-impact-of-attitudinal-factors-in-scope-tests/
来源智库Fondazione Eni Enrico Mattei (Italy)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/117353
推荐引用方式
GB/T 7714
Andrea M. Leiter,Gerald J. Pruckner. Proportionality of Willingness to Pay to Small Risk Changes - The Impact of Attitudinal Factors in Scope Tests. 2006.
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