Is one carbon price enough? Assessing the effects of payment vehicle choice on willingness to pay in Sweden
Existing knowledge suggests that people's willingness to pay (WTP) for climate change mitigation depends not only on personal characteristics but also on the payment vehicle (PV) that is used to elicit WTP. The aim of this research is to investigate policy-relevant differences in WTP between different PVs to support the design of carbon pricing mechanisms. The novelty of this contingent valuation