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Respondents' evaluations of a CV survey: a case study based on an economic valuation of the Wildlife Enhancement Scheme, Pevensey Levels in East Sussex
Author(s) -
Burgess Jacquelin,
Clark Judy,
Harrison Carolyn M
Publication year - 1998
Publication title -
area
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.958
H-Index - 82
eISSN - 1475-4762
pISSN - 0004-0894
DOI - 10.1111/j.1475-4762.1998.tb00044.x
Subject(s) - contingent valuation , valuation (finance) , willingness to pay , wildlife , construct (python library) , value (mathematics) , actuarial science , economics , total economic value , public economics , microeconomics , computer science , mathematics , ecosystem services , statistics , finance , ecology , ecosystem , programming language , biology
Summary Environmental economists have developed a methodology for eliciting individual preferences by asking respondents to a contingent valuation survey how much they would be willing to pay for specified environmental ‘goods’. Contingent valuation generates considerable debate, not least because it is unclear how people arrive at a monetary value or whether the elicited monetary value bears any relation to how individuals actually value the environmental ‘good’. In this paper, we present preliminary results from a qualitative study of how respondents construct their responses to a CV survey, to suggest that the methodology does not measure what it purports to measure.