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Environmental Economics
Article . 2013
Data sources: DOAJ
EconStor
Conference object . 2013
Data sources: EconStor
EconStor
Research . 2013
Data sources: EconStor
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Considering household size in contingent valuation studies

Authors: Ahlheim, Michael; Schneider, Friedrich;

Considering household size in contingent valuation studies

Abstract

In many empirical Contingent Valuation studies one finds that household size, i. e. the number auf household members, is negatively correlated with stated household willingness to pay for the realization of environmental projects. This observation is rather puzzling because in larger households more people can benefit from an environmental improvement than in small households. Therefore, the overall benefit should be greater for larger households. A plausible explanation could be that household budgets are tighter for large families than for smaller families with the same overall family income. The fact that larger families can afford only smaller willingness to pay statements in Contingent Valuation surveys than smaller families with the same income and the same preferences might have consequences for the allocation of public funds whenever the realization of an environmental project is made dependent on the outcome of a Contingent Valuation study. In this paper we show how the use of household equivalence scales for the assessment of environmental projects with the Contingent Valuation Method can serve to reduce the discrimination of members of large families.

Country
Germany
Keywords

Q51, contingent valuation and household size, willingness to pay, environmental project, family income, valuation service, household equivalent scales., 330, Economics, ddc:330, Cost-Benefit Analysis, H43 - Project Evaluation, Q51 - Valuation of Environmental Effects, Haushalt, Environmental sciences, Social Discount Rate, D61, Contingent Valuation, GE1-350, H43, D61 - Allocative Efficiency, jel: jel:D61, jel: jel:H43, jel: jel:Q51

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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
0
Average
Average
Average
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