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Journal article
Examining the perceptions and effects of survey consequentiality across population subgroups
Journal of benefit-cost analysis, Vol.9(2), pp.305-322
06/01/2018
Web of Science ID: WOS:000435957800004
Abstract
Recent research examining voting behavior in contingent valuation referenda informs on how consequential survey respondents behave and its impact on willingness-to-pay (WTP) values. This research attempts to examine whether this behavior holds across population subgroups. We consider resident and nonresident users of artificial reefs and find improved construct validity for our resident models over nonresident models. Specifically, resident behavior is in line with a priori expectations with consequential residents more likely to vote in favor of a policy for additional reef funding - a result that is consistent with the protest no literature. Consequently, consequential resident voters exhibit a greater WTP than inconsequential voters. Nonresident behavior differs, however. For this subgroup, consequentiality does not influence voting behavior and WTP values do not differ by consequentiality. Overall, more work is required to appropriately identify WTP values for nonresident populations, particularly from a benefit-cost perspective, where appropriately identifying subgroup WTP values are a critical component of measuring the net present value of a given policy.
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Details
- Title
- Examining the perceptions and effects of survey consequentiality across population subgroups
- Publication Details
- Journal of benefit-cost analysis, Vol.9(2), pp.305-322
- Resource Type
- Journal article
- Publisher
- Cambridge Univ Press
- Number of pages
- 18
- Copyright
- © Society for Benefit-Cost Analysis 2018
- Identifiers
- WOS:000435957800004; 99380171552406600
- Academic Unit
- Commerce; Lewis Bear Jr. College of Business
- Language
- English