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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Format: | Article |
Language: | English |
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Western Agricultural Economics Association
2018-09-01
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Series: | Journal of Agricultural and Resource Economics |
Subjects: | |
Online Access: | https://ageconsearch.umn.edu/record/276497 |