Warm Glow, Good Feelings, and Contingent Valuation

In the contingent valuation (CV) literature, confusion exists about warm glow and embedding effects. I show that i) some writers follow Andreoni's (1989) definition of warm glow, but others think that subjects answering CV questions load up, free of charge, on "good feelings" from sup...

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Bibliographic Details
Main Author: Richard C. Bishop
Format: Article
Language:English
Published: Western Agricultural Economics Association 2018-09-01
Series:Journal of Agricultural and Resource Economics
Subjects:
Online Access:https://ageconsearch.umn.edu/record/276497