A Bayesian Test of Double Bounded Contingent Valuation
نویسندگان
چکیده
Double bounded dichotomous choice is a contingent valuation elicitation method which involves two iterated binary questions. Past research has compared both responses within the framework of a joint bivariate distribution. In this paper we propose a Bayesian test which allows us to prove the hypothesis of unitary correlation coefficient. The application of the test is conducted on empirical data. The results give support to the hypothesis that double bounded could be internally consistent for some data sets.
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تاریخ انتشار 2002