ELICITATION EFFECTS IN CONTINGENT VALUATION - COMPARISONS TO A MULTIPLE BOUNDED DISCRETE-CHOICE APPROACH

This paper develops a multiple bounded discrete choice elicitation tec hnique that allows respondents to express their level of voting certai nty for a wide range of referendum thresholds. The paper concludes wit h the results of an empirical study comparing values obtained from a m ultiple bounded model with values derived from three standard continge nt valuation elicitation formats: dichotomous choice, payment card, an d open-ended. The multiple bounded discrete choice format covers the r ange of values associated with the other three predominantly used elic itation methods. Moreover, alternative parameterizations of the multip le bounded discrete choice model correspond to these standard elicitat ion techniques. (C) 1998 Academic Press.