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Policy Evaluation with Combined Actual and Contingent Response Data
Author(s) -
Nestor Deborah Vaughn
Publication year - 1998
Publication title -
american journal of agricultural economics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.949
H-Index - 111
eISSN - 1467-8276
pISSN - 0002-9092
DOI - 10.2307/1244499
Subject(s) - economics , volume (thermodynamics) , econometrics , survey data collection , contingent valuation , actuarial science , microeconomics , statistics , willingness to pay , mathematics , physics , quantum mechanics
The City of Marietta, Georgia, experimentally switched from flat fee financing to volume‐based pricing for its trash services in January 1994. Both before and during the experiment, detailed data on individuals' observed responses to the actual introduction and contingent behavioral responses to a hypothetical introduction of volume‐based pricing were collected. This study applies these data, and investigates the methodology of collecting contingent behavior data and their use in policy analysis. In particular, this study empirically evaluates the effect of experience with the policy on responses to contingent behavior questions, and tests for potential bias in the contingent behavior data.