Environmental and Resource Economics

, Volume 12, Issue 3, pp 357–374

Testing Temporal Reliability and Carry-over Effect: The Role of Correlated Responses in Test-retest Reliability Studies

  • K. E. McConnell*
  • I. E. Strand
  • Sebastián Valdés
Article

DOI: 10.1023/A:1008264922331

Cite this article as:
McConnell*, K.E., Strand, I.E. & Valdés, S. Environmental and Resource Economics (1998) 12: 357. doi:10.1023/A:1008264922331

Abstract

Test-retest studies help establish the reliability of contingent valuation (CV) responses but must confront the problem that the initial response may influence subsequent responses, and thus weaken conclusions. We develop a model that tests the influence of heterogeneous preferences and previous responses. By estimating a model of sportfishing, we show that correlation between answers to a CV question is induced by heterogeneous preferences.

contingent raluation test-retest correlated responses 

Copyright information

© Kluwer Academic Publishers 1998

Authors and Affiliations

  • K. E. McConnell*
    • 1
  • I. E. Strand
    • 2
  • Sebastián Valdés
    • 3
  1. 1.Department of Agricultural and Resource EconomicsUniversity of MarylandCollege ParkUSA
  2. 2.Department of Agricultural and Resource EconomicsUniversity of MarylandCollege ParkUSA
  3. 3.Department of EconomicsUniversity of Chile, Diagonal Paraguay 257SantiagoChile

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