Albiona discovered that Stated Preference Method, although a rare methodology used in Asian countries, has been recently used in China for valuing the air in Beijing and Shanghai. It was a Contingent Valuation Technique used for finding the WTP of the residents.
Answer the following questions:
a) What is a Contingent Valuation Method (CVM)?
b) Usually there are three sections in a CVM questionnaire. What are these section explain with one sample question from each section?
c) In the Chinese survey, the question regarding willingness to pay asked was as follows:
If this emissions reductions policy is implemented before 2010, how much are you willing to pay in order to support the government's actions toward emission reduction? Please select the amount of money that you would be willing to pay each year (Chinese Yuan): (0, 60, 80, 110, 130, 155, 200, 240, 290, 310, 370, 440, 500, 550, 600, 660, 720, 800, 1000, 1500, 2000).
What is the above style of questioning called under the Contingent Valuation Technique?
Albiona discovered that Stated Preference Method, although a rare methodology used in Asian countries, has been recently used in China for valuing the air in Beijing and Shanghai. It was a Contingent Valuation Technique used for finding the WTP of the residents.
Answer the following questions:
a) What is a Contingent Valuation Method (CVM)?
b) Usually there are three sections in a CVM questionnaire. What are these section explain with one sample question from each section?
c) In the Chinese survey, the question regarding willingness to pay asked was as follows:
If this emissions reductions policy is implemented before 2010, how much are you willing to pay in order to support the government's actions toward emission reduction? Please select the amount of money that you would be willing to pay each year (Chinese Yuan): (0, 60, 80, 110, 130, 155, 200, 240, 290, 310, 370, 440, 500, 550, 600, 660, 720, 800, 1000, 1500, 2000).
What is the above style of questioning called under the Contingent Valuation Technique?
