Contingent valuation method and the changeover to the euro: an empirical application
La méthode d’évaluation contingente et le passage à l’euro: une application empirique Several countries may adopt the euro in the near future. Whether the change of currency may lead to different responses in non-market valuation surveys remains an open question. A contingent valuation application...
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| Materyal Türü: | Article ou chapitre numérique |
| Dil: | Français |
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2010
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| Online Erişim: | Accès Université d'Orléans et IFPM Accès Université d'Orléans et IFPM |
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cairn-RERU_105_0987 |
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cairn |
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cairn-RERU_105_0987RERURevue d’Économie Régionale & Urbaine https://shs.cairn.info/revue-d-economie-regionale-et-urbaine-2010-5-page-987?lang=en https://doi.org/10.3917/reru.105.0987 Contingent valuation method and the changeover to the euro: an empirical application Mathieu, Pierre-AlexandreRiera, Pere2010 contingent valuation methodenvironmental valuationeuro illusionévaluation monétaire d'actifs environnementauxméthode d'évaluationcontingentefre Revue d’Économie Régionale & Urbaine | décembre | 5 | 2010-12-01 | p. 987-1000 | 0180-7307 RERU_10539 La méthode d’évaluation contingente et le passage à l’euro: une application empirique Several countries may adopt the euro in the near future. Whether the change of currency may lead to different responses in non-market valuation surveys remains an open question. A contingent valuation application was carried out shortly after the changeover to the euro in Spain, with half of the participants being assigned a payment card in euro and the other half in pesetas. Results show that higher amounts were stated in euro than in pesetas, which is consistent with the “euro illusion” hypothesis, a phenomenon observed in experiments involving market goods, in which people have the tendency to bid higher amounts for the currency having a lower nominal value. Cairn free access |
| language |
Français |
| format |
Article ou chapitre numérique |
| building |
0/Bibliothèque numérique/ 1/Bibliothèque numérique/Cairn/ |
| topic |
contingent valuation method environmental valuation euro illusion évaluation monétaire d'actifs environnementaux méthode d'évaluationcontingente |
| spellingShingle |
contingent valuation method environmental valuation euro illusion évaluation monétaire d'actifs environnementaux méthode d'évaluationcontingente Mathieu, Pierre-Alexandre Riera, Pere Contingent valuation method and the changeover to the euro: an empirical application |
| topic_facet |
contingent valuation method environmental valuation euro illusion évaluation monétaire d'actifs environnementaux méthode d'évaluationcontingente |
| description |
La méthode d’évaluation contingente et le passage à l’euro: une application empirique Several countries may adopt the euro in the near future. Whether the change of currency may lead to different responses in non-market valuation surveys remains an open question. A contingent valuation application was carried out shortly after the changeover to the euro in Spain, with half of the participants being assigned a payment card in euro and the other half in pesetas. Results show that higher amounts were stated in euro than in pesetas, which is consistent with the “euro illusion” hypothesis, a phenomenon observed in experiments involving market goods, in which people have the tendency to bid higher amounts for the currency having a lower nominal value. |
| author |
Mathieu, Pierre-Alexandre Riera, Pere |
| author_facet |
Mathieu, Pierre-Alexandre Riera, Pere |
| author_sort |
Mathieu, Pierre-Alexandre |
| title |
Contingent valuation method and the changeover to the euro: an empirical application |
| title_short |
Contingent valuation method and the changeover to the euro: an empirical application |
| title_full |
Contingent valuation method and the changeover to the euro: an empirical application |
| title_fullStr |
Contingent valuation method and the changeover to the euro: an empirical application |
| title_full_unstemmed |
Contingent valuation method and the changeover to the euro: an empirical application |
| title_sort |
contingent valuation method and the changeover to the euro: an empirical application |
| publishDate |
2010 |
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| container_issue |
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| url |
https://ezproxy.univ-orleans.fr/login?url=https://shs.cairn.info/revue-d-economie-regionale-et-urbaine-2010-5-page-987?lang=en https://ezproxy.univ-orleans.fr/login?url=https://doi.org/10.3917/reru.105.0987 |
| _version_ |
1877246518015033344 |