Ohdoko, Taro; Komatsu, Satoru; Kaneko, Shinji - Faculty of Economics, Kobe University - 2010
We examine the benefit transfer of air quality improvement using latent class model (LCM) in China. We conduct Contingent rankings (CR) to estimate the implicit price of reducing health risk related to the air pollution of power plants. CR results are analyzed using random parameter logit model...