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Testing for Inconsistencies in Double Bounded Dichotomous Choice Contingent Valuation Studies
unpublished
A number of issues have been raised in the contingent valuation (CV) literature regarding the 'validity' of CV welfare estimates. This study addressed a number of these concerns within a study looking at the value of an air ambulance service in England. The double bounded dichotomous choice (DBDC) CV approach was used, and data was collected from 800 individuals across England, using a computer assisted telephone interview. Consideration was first given to whether preferences were a function of
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