Statistical Efficiency of Double-Bounded Dichotomous Choice Contingent Valuation

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Michael Hanemann; John Loomis; Barbara Kanninen;
  • Journal: American Journal of Agricultural Economics,volume 73,issue 4,pages1,255-1,263
  • Related identifiers: doi: 10.2307/1242453

The statistical efficiency of conventional dichotomous choice contingent valuation surveys can be improved by asking each respondent a second dichotomous choice question which depends on the response to the first question—if the first response is "yes," the second bid i... View more
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