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Une approche comportementale de l'évaluation contingente

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  • Emmanuel Flachaire

    (EUREQUA - Equipe Universitaire de Recherche en Economie Quantitative - UP1 - Université Paris 1 Panthéon-Sorbonne - CNRS - Centre National de la Recherche Scientifique)

  • Guillaume Hollard

    (OEP - UPEM - Université Paris-Est Marne-la-Vallée)

Abstract

Public economics proposed various models that intend to determine the optimal provision of public goods based on individual preferences. To provide decision makers with empirical recommendations, economists thus need to elicit individual preferences, and more precisely the marginal rate of substitution between private and public goods. Contingent valuation has proved a useful, and successful, tool to gather information on individual preferences. However, contingent valuation has been proved sensitive to various biases. In other words, variables that are not expected to have any influence do so in practice. In this paper, we propose a methodology, based on social psychology, which allows the identification of individuals that are proved immune to biases. This allows designing more powerfull, bias free, estimation of individual preferences. Two distinct applications are provided.

Suggested Citation

  • Emmanuel Flachaire & Guillaume Hollard, 2005. "Une approche comportementale de l'évaluation contingente," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00196433, HAL.
    • Handle: RePEc:hal:cesptp:halshs-00196433
    Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-00196433
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    References listed on IDEAS

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    1. DeShazo, J. R., 2002. "Designing Transactions without Framing Effects in Iterative Question Formats," Journal of Environmental Economics and Management, Elsevier, vol. 43(3), pages 360-385, May.
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    4. Emmanuel Flachaire & Guillaume Hollard, 2006. "Controlling Starting-Point Bias in Double-Bounded Contingent Valuation Surveys," Land Economics, University of Wisconsin Press, vol. 82(1), pages 103-111.
    5. Daniel Kahneman & Amos Tversky, 2013. "Prospect Theory: An Analysis of Decision Under Risk," World Scientific Book Chapters, in: Leonard C MacLean & William T Ziemba (ed.), HANDBOOK OF THE FUNDAMENTALS OF FINANCIAL DECISION MAKING Part I, chapter 6, pages 99-127, World Scientific Publishing Co. Pte. Ltd..
    6. John C. Whitehead, 2002. "Incentive Incompatibility and Starting-Point Bias in Iterative Valuation Questions," Land Economics, University of Wisconsin Press, vol. 78(2), pages 285-297.
    7. Dan Ariely & George Loewenstein & Drazen Prelec, 2003. ""Coherent Arbitrariness": Stable Demand Curves Without Stable Preferences," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 118(1), pages 73-106.
    8. Charles R. Plott & Kathryn Zeiler, 2005. "The Willingness to Pay–Willingness to Accept Gap, the "Endowment Effect," Subject Misconceptions, and Experimental Procedures for Eliciting Valuations," American Economic Review, American Economic Association, vol. 95(3), pages 530-545, June.
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    Cited by:

    1. Voltaire, Louinord, 2012. "Effet d’une taxe et d’un droit d’entrée sur les consentements à payer des touristes pour de nouvelles réserves naturelles dans le golfe du Morbihan," Revue d'Etudes en Agriculture et Environnement, Editions NecPlus, vol. 92(02), pages 183-209, October.
    2. Pierre-Alexandre Mahieu & Romain Craste & Bengt Kriström & Pere Riera, 2014. "Non-market valuation in France: An overview of the research activity," Working Papers hal-01087365, HAL.
    3. Louinord Voltaire & Abdelhak Nassiri & Denis Bailly & Jean Boncoeur, 2011. "Effet d’une taxe et d’un droit d’entrée sur les consentements à payer des touristes pour de nouvelles réserves naturelles dans le golfe du Morbihan," Review of Agricultural and Environmental Studies - Revue d'Etudes en Agriculture et Environnement, INRA Department of Economics, vol. 92(2), pages 183-209.
    4. Marius Yapo & Jie He & Bruno Gagnon & Luc Savard & Roland Leduc, 2015. "La valeur économique pour l’amélioration de la qualité de l’eau: le cas de la rivière Magog et du lac Magog (Québec, Canada)," Cahiers de recherche 15-15, Departement d'économique de l'École de gestion à l'Université de Sherbrooke.
    5. Pham, Hai-Vu, 2010. "La dimension conflictuelle des projets d’infrastructure : essais sur la décision publique, le contentieux et les prix immobiliers," Economics Thesis from University Paris Dauphine, Paris Dauphine University, number 123456789/5656 edited by Torre, André & Kirat, Thierry.

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    More about this item

    Keywords

    évaluation contingente; Economie comportementale; Behavioral economic; contingent valuation;
    All these keywords.

    JEL classification:

    • Q26 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Recreational Aspects of Natural Resources
    • C81 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Methodology for Collecting, Estimating, and Organizing Microeconomic Data; Data Access
    • C93 - Mathematical and Quantitative Methods - - Design of Experiments - - - Field Experiments

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