The effects of visual information on willingness to pay for a recreational site improvement in Chile

Arcadio A. Cerda, Leidy Y. Garcia, Roberto A. Pastén, Iván A. Damino, Mónica T. Diaz

Research output: Contribution to journalArticlepeer-review

4 Scopus citations

Abstract

This article examines the effect of visual information on people's willingness to pay (WTP) for improvements to the infrastructure and water quality of an urban recreation site. We applied the contingent valuation methodology to two groups of people in the City of Talca, Chile. The control group received written information about improvements to be made to a recreational site, whereas the treated group received written and visual information. We found that people who were shown visual illustrations were willing to give more money to support the project than people who were not shown this additional information. We also found that, depending on respondent characteristics, the confidence interval of WTP was lower for people who were provided with visual illustrations than for those who were not. Additionally, users in the treated group were more likely to pay for improvements to be made and lower protest responses.

Translated title of the contributionLos efectos de la información visual sobre la disposición a pagar por la mejora de un lugar recreativo en Chile
Original languageEnglish
Pages (from-to)141-148
Number of pages8
JournalInnovar
Volume24
Issue number53
DOIs
StatePublished - 2014
Externally publishedYes

ASJC Scopus subject areas

  • Accounting
  • Sociology and Political Science
  • Public Administration
  • Strategy and Management
  • Marketing

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