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Although mixed logit models are common in stated preference applications, resulting welfare estimates can be sensitive to minor changes in specification. This can be of critical relevance for policy and welfare analysis, particularly if policymakers are unaware of practical implications. Drawing...
Persistent link: https://www.econbiz.de/10009020506
Stated preference analyses commonly impose strong and unrealistic assumptions in response to spatial welfare heterogeneity. These include spatial homogeneity or continuous distance decay. Despite their ubiquity in the valuation literature, global assumptions such as these have been increasingly...
Persistent link: https://www.econbiz.de/10009021146
Maps in stated preference surveys rarely identify the location of respondents’ homes. This standard approach is grounded in the assumption that respondents are aware of their exact household locations relative to mapped policy effects, and hence possess sufficient understanding of spatial...
Persistent link: https://www.econbiz.de/10011068912
This paper finds Taiwanese consumers' willingness to pay a premium on the non-GM food differs from their willingness to accept a discount on the GM food. It further finds that the non-GM choosers are more committed to the non-GM food than the GM choosers to the GM food.
Persistent link: https://www.econbiz.de/10005476991
. We conducted a detailed assessment of flood damage stemming from two major flooding events in 2012 that severely affected … empirical measures of damage with GIS data to estimate total damages from flooding and find that the January 2012 flood caused …This paper quantifies the economic impacts of flooding in the Ba River and Penang River catchments in Viti Levu, Fiji …
Persistent link: https://www.econbiz.de/10011069010
Irrigation is seen as the means of ensuring food security in a water-scarce urban economy such as the Accra Metropolitan Area of Ghana. The use of modern, advanced and resource efficient irrigation technologies is vital to increase farm output and take people out of poverty. The informal...
Persistent link: https://www.econbiz.de/10010915981
Payment-for-environmental-services (PES) programs are the focus of increasing attention globally. While existing PES programs can observe who participates and who does not, the reasons for nonparticipation can be opaque. Taking advantage of a unique stated preference data set that includes a...
Persistent link: https://www.econbiz.de/10009020447
Vaccines against several common foodborne pathogens are being developed and could substantially alter the policy tools available to address foodborne illness. However, little analysis is available to suggest how social welfare would be affected by these new vaccines. To address this void, we use...
Persistent link: https://www.econbiz.de/10009020582
This paper examines the willingness of farmers to participate in hypothetical programs that would pay them to adopt cropping practices that enhance provision of ecosystem services from agriculture. A survey of 3,000 Michigan corn and soybean farmers elicited willingness to adopt four sets of...
Persistent link: https://www.econbiz.de/10005012622
Persistent link: https://www.econbiz.de/10005483695