Download This PaperShould We Be Using Repeated-Choice Surveys to Value Public Goods?
Newsletter of the Association of Environmental & Resource Economists (AERE) 33(2): 19-25
8 Pages Posted: 15 Nov 2013
Date Written: November 14, 2013
Abstract
We question whether RMC surveys satisfy these requirements in three key ways: 1) Is casting multiple votes on a single issue credible? 2) Is there a credible RMC decision rule? And 3) Is the assumption of independence across choice sets credible? We address each of these questions then offer some guidance regarding a reasonable way forward.
Keywords: binary choice, multinomial choice, public goods, repeated choice, survey methods, valuation
JEL Classification: Q26
Suggested Citation: Suggested Citation
Petrolia, Daniel R. and Interis, Matthew G., Should We Be Using Repeated-Choice Surveys to Value Public Goods? (November 14, 2013). Newsletter of the Association of Environmental & Resource Economists (AERE) 33(2): 19-25, Available at SSRN: https://ssrn.com/abstract=2354495
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