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A procedure to analyse the strategic outliers and the multiple motivations in a contingent valuation

Author

Listed:
  • Daniel Franco
  • Luca Luiselli
Abstract
Purpose - The purpose of this paper is to describe a methodological approach to analyse the strategic outliers and the multiple motivations in a contingent valuation used for a real policy case study. Design/methodology/approach - The used approach rationalises the cross comparison of the overall different information levels obtained by the survey to outline a qualitative‐quantitative pattern of the relations between the rationale and other motivations of preference behaviours. Findings - The paper found that no assumption or investigation tool used alone was sufficient to explain the respondents elicited preferences. The results confirm that those who are willing to pay also hold significant motives other than the rationale ones influencing their decisions. Research limitations/implications - The approach allows to reasonably rule the sharing‐out of true zero values from “protest zeros” avoiding the risk of arbitrarily excluding valid data from the CV analyses. Practical implications - The approach may overpass the reasons behind the provision point mechanism; hence, the authors suggest to extend this procedure to divergent environmental contexts to verify the generality of the methodology. Originality/value - The adopted procedure shows that the use of monetary estimates of ecological services to support sustainable decision processes can be acceptable if coupled with the multiple motivations that hold them.

Suggested Citation

  • Daniel Franco & Luca Luiselli, 2013. "A procedure to analyse the strategic outliers and the multiple motivations in a contingent valuation," International Journal of Social Economics, Emerald Group Publishing Limited, vol. 40(3), pages 246-266, February.
    • Handle: RePEc:eme:ijsepp:v:40:y:2013:i:3:p:246-266
    DOI: 10.1108/03068291311291527
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    References listed on IDEAS

    as
    1. Groothuis, Peter A. & Whitehead, John C., 2009. "The Provision Point Mechanism and Scenario Rejection in Contingent Valuation," Agricultural and Resource Economics Review, Cambridge University Press, vol. 38(2), pages 271-280, October.
    2. Halstead, John M. & Luloff, A.E. & Stevens, Thomas H., 1992. "Protest Bidders In Contingent Valuation," Northeastern Journal of Agricultural and Resource Economics, Northeastern Agricultural and Resource Economics Association, vol. 21(2), pages 1-10, October.
    3. Lindhjem, Henrik & Navrud, Ståle, 2011. "Are Internet surveys an alternative to face-to-face interviews in contingent valuation?," Ecological Economics, Elsevier, vol. 70(9), pages 1628-1637, July.
    4. Mullarkey, Daniel J. & Bishop, Richard C., 1999. "Sensitivity To Scope: Evidence From A Cvm Study Of Wetlands," 1999 Annual meeting, August 8-11, Nashville, TN 21513, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
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    Cited by:

    1. Franco, Daniele & Luiselli, Luca, 2014. "Shared ecological knowledge and wetland values: a case study," MPRA Paper 66496, University Library of Munich, Germany.
    2. Dranco, Daniel & Luiselli, Luca, 2014. "How much do the common goods of rural and semi-natural landscape cost? A case study," MPRA Paper 66309, University Library of Munich, Germany, revised 2015.
    3. Paunić, Alida, 2016. "Brazil, Preservation of Forest and Biodiversity," MPRA Paper 71462, University Library of Munich, Germany.

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