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As such, MARS relies upon stated preference, expert opinion, the hedonic price equation and other familiar procedures.
Our analysis suggests that both altering the appearance of an interviewer and changing the degree of information provided can have significant impacts upon stated WTP.
This paper employs a split-sample CV design to investigate the potential for such ordering effects upon stated willingness to pay for nested goods.
A simple but novel experiment is described examining the impact of interviewer appearance upon stated willingness to pay (WTP) for an environmental good.
Overall, this is an excellent study and the conclusions are based upon stated quality results.
Similar(53)
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Indian Prime Minister Nehru stated upon Jinnah's death, "How shall we judge him?
Small municipalities rely disproportionately upon state-controlled resources -- which are becoming ever scarcer at an alarmingly increasing rate.
In the mid-70's, he seized upon state deregulation of the television industry to buy up private stations.
"It's incumbent upon state and local governments to formulate and implement a plan to keep students safe".
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com