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A common approach for dealing with protest zeros in Contingent Valuation is dropping all answers that are exactly zero. [ Choose all statements that are
A common approach for dealing with protest zeros in Contingent Valuation is dropping all answers that are exactly zero. Choose all statements that are true Group of answer choices Protest zeros can be avoided with expost questions about the rationale behind the answer If individuals choose to reply with protest zeros at random, this approach yields a good approximation of the true aggregate WTP The problem with this approach is that aggregate WTP may overestimate the true amount since true zeros may be dropped in the process The problem with this approach is that aggregate WTP may underestimate the true amount since protest zeros may come from people that care a lot about the good
A common approach for dealing with protest zeros in Contingent Valuation is dropping all answers that are exactly zero. Choose all statements that are true
Group of answer choices
Protest zeros can be avoided with expost questions about the rationale behind the answer
If individuals choose to reply with protest zeros at random, this approach yields a good approximation of the true aggregate WTP
The problem with this approach is that aggregate WTP may overestimate the true amount since true zeros may be dropped in the process
The problem with this approach is that aggregate WTP may underestimate the true amount since protest zeros may come from people that care a lot about the good
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