scholarly journals Protest Bidders in Contingent Valuation

1992 ◽  
Vol 21 (2) ◽  
pp. 160-169 ◽  
Author(s):  
John M. Halstead ◽  
A.E. Luloff ◽  
Thomas H. Stevens
Keyword(s):  
Willingness To Pay ◽  
Contingent Valuation ◽  
Contingent Valuation Method ◽  
A Priori ◽  
Average Value ◽  
Valuation Method ◽  
Significant Bias

Protest bids are often excluded during analysis of contingent valuation method data. It is suggested that this procedure might introduce significant bias. Protest bids are often registered by respondents who may actually place ahigher-orlower-than-average value on the commodity in question but refuse to pay on the basis of ethical or other reasons. Exclusion of protest bids may therefore bias willingness to pay (WTP) results, but the direction of bias is indeterminate a priori.

scholarly journals Willingness to Pay of Ecotourism Visitors

JEJAK ◽  
2017 ◽  
Vol 10 (2) ◽  
pp. 350-360
Author(s):  
Ade Paranata ◽  
Himawan Sutanto ◽  
Muhammad Mujahid Dakwah
Keyword(s):  
Willingness To Pay ◽  
Contingent Valuation ◽  
Logit Model ◽  
Quantitative Method ◽  
Contingent Valuation Method ◽  
Average Value ◽  
Valuation Method ◽  
Bird Watching

This study aims at analyzing the willingness to pay (WTP) of the visitors in Bird Watching Ecotourism in Lake Meno and the factors that influence the WTP value. The research is located in Gili Meno. The method used is quantitative method. The total samples are 38 obtained by accidental sampling. The procedure of analysis used the Contingent Valuation Method and Logit Model. The results showed that in the samples there are 27 people (77.14%) who are willing to pay (dominated by foreign tourists) and eight people (22.86%) who are not willing to pay with various reasons. The average value of WTP that can be proposed as a reference of environmental service is Rp 39,189.

Reliability and Validity of the Contingent Valuation Method for Estimating Willingness to Pay: A Case of In Vitro Fertilisation

2018 ◽  
Vol 17 (1) ◽  
pp. 103-110 ◽  
Author(s):  
Stella Nalukwago Settumba ◽  
Marian Shanahan ◽  
Willings Botha ◽  
Muhammad Zulilhaam Ramli ◽  
Georgina Mary Chambers
Keyword(s):  
Willingness To Pay ◽  
Contingent Valuation ◽  
Contingent Valuation Method ◽  
Reliability And Validity ◽  
In Vitro Fertilisation ◽  
Valuation Method

scholarly journals Paying the price to solve fisheries conflicts in Brazil’s Marine Protected Areas

2018 ◽  
Author(s):  
Priscila Lopes ◽  
Sebastian Villasante
Keyword(s):  
Willingness To Pay ◽  
Contingent Valuation ◽  
Protected Areas ◽  
Marine Protected Areas ◽  
Contingent Valuation Method ◽  
Slight Tendency ◽  
Valuation Method ◽  
Fernando De Noronha

Ecosystems services (ES) provide food and recreation to humans, but are fast being degraded. Marine Protected Areas (MPAs) have been proposed as a way to protect some of these ES, but decisions regarding what gets protection and what gets consumed can be a source of conflicts. One such example is the Fernando de Noronha MPA (Brazil), where there is a conflict between shark-directed tourism and fishers who would like to access the no-take part of the MPA during part of the year. A contingent valuation method (Willingness to Pay) was used to ascertain if tourists would accept compensating fishers for not disturbing the sharks during a specific period of the year, by adding a symbolic increase in the taxes they already pay to either visit the island or to visit the no-take part of the MPA. Tourists were open to this alternative (67-71%), regardless of the fee being paid. However, there was a slight tendency to reject the fee when the tourists saw sharks during their stay, suggesting that a closer contact with these animals triggered a less sympathetic attitude towards fishers, probably because they start seeing fishers as wrongdoers, even if this is the worst choice for conservation. Although such a hypothetical payment was easily accepted by the majority of the tourists and could represent an affordable solution to conflicts, convincing those who reject such social compensation, especially if based on an irrational choice, would be an important step for sharks and for the MPA as a whole.

scholarly journals PENILAIAN EKONOMI PENANGKARAN RUSA DI TAMAN HUTAN RAYA WAN ABDUL RACHMAN (TAHURA WAR) MENGGUNAKAN METODE KESEDIAAN MEMBAYAR

2021 ◽  
Vol 16 (1) ◽  
pp. 37-46
Author(s):  
Kevin Ewaldo Kahimpong
Keyword(s):  
Willingness To Pay ◽  
Sampling Method ◽  
Contingent Valuation Method ◽  
Economic Valuation ◽  
Sustainable Use ◽  
Conservation Education ◽  
Forest Park ◽  
Average Value ◽  
Valuation Method ◽  
To Come

Lampung is one of the provinces that has various tourist objects, one of which is the Deer Breeding in Wan Abdul Rachman (WAR) Grand Forest Park (Tahura). Its use as a tourist attracts visitors to come and have recreation. As one of the efforts for sustainable use, it is necessary to carry out an economic valuation. The purpose of this study was to calculate the willingness to pay visitors to the Deer Breeding in Tahura WAR using the willingness to pay method and to estimate the revenue received from the tourist attraction of Tahura WAR Deer Captivity. The method used in this research is the willingness to pay method with the contingent valuation method (CVM) and the total revenue method. The research was conducted from February to March 2020. The respondents selected regarding the purposive sampling method that was 100 people. The results showed that the average value of the willingness to pay visitors in Tahura WAR Deer Breeding was Rp. 12.900,-/person/visit, and acceptance of the Tahura WAR Deer Breeding was Rp. 27.552.00.000,-/year the value obtained from the willingness to pay visitors to a hypothetical market in the form of making deer conservation education packages.

scholarly journals STRATEGI PENINGKATAN PENDAPATAN ASLI DAERAH MELALUI RETRIBUSI SEKTOR PARIWISATA (Studi Kasus Kawasan Wisata Dataran Tinggi Dieng Kabupaten Wonosobo)

2020 ◽  
Vol 9 (1) ◽  
pp. 17
Author(s):  
Reni Novianti ◽  
Lukman M. Baga ◽  
A. Faroby Falatehan
Keyword(s):  
Willingness To Pay ◽  
Contingent Valuation ◽  
Contingent Valuation Method ◽  
Valuation Method

Kabupaten Wonosobo memiliki potensi pada sektor pariwisata, salah satunya objek wisata Dataran Tinggi Dieng. Pariwisata merupakan salah satu sektor yang berpotensi memberikan kontribusi terhadap Pendapatan Asli Daerah (PAD). Akan tetapi, kontribusi PAD Wonosobo dalam pembiayaan belanja daerah kurang dari 15 persen. Oleh karena itu, tujuan dilaksanakannya penelitian ini adalah untuk menganalisis kondisi objek wisata terhadap beberapa atribut dengan menggunakan analisis IPA; mengestimasi nilai willingness to pay pengunjung dengan menggunakan Contingent Valuation Method (CVM); serta merumuskan strategi peningkatan PAD Kabupaten Wonosobo melalui peningkatan retribusi objek wisata Dataran Tinggi Dieng dengan menggunakan analisis SWOT. Hasil analisis IPA menunjukkan atribut kondisi jalan menuju kawasan wisata, kebersihan, pelayanan, promosi, penanganan keluhan pengunjung, kemacetan, tempat pembuangan sampah, fasilitas toilet dan musholla menjadi prioritas utama untuk diperbaiki. Sedangkan dari hasil analisis CVM diperoleh nilai WTP sebesar Rp16 513 per orang. Berdasarkan hasil analisis tersebut serta hasil wawancara yang telah dilakukan, dapat teridentifikasi faktor-faktor yang menjadi kekuatan, kelemahan, peluang dan ancaman yang dituangkan dalam matriks SWOT. Terdapat lima strategi yang berperan dalam peningkatan retribusi objek wisata dataran tinggi dieng yaitu: 1) Meningkatkan kerjasama dalam pengelolaan dan pengembangan sumberdaya wisatayang memiliki daya tarik; 2) Membangun sistem yang terintegrasi; 3) membangun dan memperbaiki sarana dan fasilitas umum; 4) memperbaiki akses menuju objek wisata; dan 5) merumuskan peraturan yang mengatur tentang pariwisata, pengelolaan objek wisata beserta elemen-elemennya.

scholarly journals Is there a need to audit CVM applications to the environment?

2014 ◽  
Vol 10 (4) ◽  
pp. 482-489
Author(s):  
S Hosking
Keyword(s):  
Willingness To Pay ◽  
Contingent Valuation ◽  
Contingent Valuation Method ◽  
Environmental Services ◽  
External Audit ◽  
Environmental Goods ◽  
Goods And Services ◽  
Valuation Method ◽  
Environmental Goods And Services

It is well known to economists that the contingent valuation method (CVM) fills an important gap in valuation technology with respect to managing public environmental goods and services.   Currently acceptable CVM practice requires many challenging steps to be followed.  One of these important steps is that of assessing the theoretical validity of the household willingness to pay (WTP) finding, but it is far from being a sufficient basis for reaching conclusions as to the credibility predicted community willingness to pay for environmental services.  This paper reviews the step of testing for theoretical validity and challenges its importance relative to other more fundamental assessments of the credibility of the predicted household and societal WTP.  This paper then deduces that an external ‘audit’ assessment may be necessary, in addition to an internal one, for these values to attain credibility in the determination of public choices.

scholarly journals Incentive Compatible Referenda and the Valuation of Environmental Goods

1998 ◽  
Vol 27 (2) ◽  
pp. 132-139 ◽  
Author(s):  
Laura O. Taylor
Keyword(s):  
Willingness To Pay ◽  
Contingent Valuation ◽  
Contingent Valuation Method ◽  
Experimental Tests ◽  
Choice Experiments ◽  
Hypothetical Bias ◽  
The Real ◽  
Environmental Goods ◽  
Incentive Compatible ◽  
Valuation Method

Recent attempts to test the validity of the contingent valuation method have relied on laboratory-type experiments. In these experiments, willingness to pay responses in hypothetical choice experiments are compared with responses from choice experiments requiring actual payments. Often evidence of hypothetical bias is found. Critical for these experimental tests of hypothetical surveys is that the methodology used to elicit willingness to pay from subjects in the real-payment experiment be demand revealing. If it is not, then differences in responses to hypothetical and real valuation questions could be due to free-riding in the real-payment survey and not due to hypothetical bias in the hypothetical survey. This paper reports on experiments that implement a theoretically incentive-compatible revelation mechanism (a closed referendum) to elicit responses to valuation questions in both hypothetical and real experiments. As in earlier studies, evidence of an upward hypothetical bias is found.

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