Showing 1 - 10 of 55
This paper estimates the economic values of household preference for enhanced solid waste disposal services in Malaysia. The contingent valuation (CV) method estimates an average additional monthly willingness-to-pay (WTP) in solid waste management charges of €0.77 to 0.80 for improved waste...
Persistent link: https://www.econbiz.de/10008530711
This study estimates the economic impact of climate change on food security in Malaysia. The contingent valuation technique is employed on 456 randomly selected households in the vicinities of Selangor Darul Ehsan. The study finds that climate change mitigation programmes to ensure food security...
Persistent link: https://www.econbiz.de/10009654217
This study estimates the economic values of household preference for preservation and conservation of hill recreational and services values in Malaysia. The Contingent Valuation technique is employed on 100 randomly selected households in the vicinities of Taman Melawati Hill. The study finds...
Persistent link: https://www.econbiz.de/10008568353
This paper describes how state-of-the-art methods of choice modeling can be used to analyze consumer choice behavior in "competitive" health insurance markets. I use the insurance choices of senior citizens in the U.S. as an example. I then consider the issue of whether consumers benefit when we...
Persistent link: https://www.econbiz.de/10011108799
Recent advances in "simulation based inference" have made it feasible to estimate discrete choice models with several alternatives and rich patterns of consumer taste heterogeneity. These new methods have important potential application in health economics. One important application is the...
Persistent link: https://www.econbiz.de/10011109309
L’atteggiamento dei consumatori nei confronti di alimenti che contengono OGM o sono ottenuti da OGM e gli alimenti che contengono ingredienti ottenuti da OGM (di seguito designati complessivamente con l’espressione "alimenti geneticamente modificati" o “alimenti GM”) rappresenta un tema...
Persistent link: https://www.econbiz.de/10005837181
Background: Preferences of both Alzheimer patients and their spouse caregivers are related to a willingness-to-pay (WTP) measure which is used to test for the presence of mutual (rather than conventional unilateral) altruism. Methods: Contingent valuation experiments were conducted in 2000 –...
Persistent link: https://www.econbiz.de/10011258126
Let U be an unobserved random variable with compact support and let e_t be unobserved i.i.d. random errors also with compact support. Observe the random variables V_t, X_t, and Y_t = 1{U +d X_t+e_t V_t}, t = T, where d is an unknown parameter. This type of model is relevant for many stated...
Persistent link: https://www.econbiz.de/10005623369
When the market for a certain good is competitive enough, economic activities can be studied by the market pricing mechanism. Because this is usually not feasible in case of environmental goods with embodied natural and cultural heritage, particular methods for economic valuation of such goods...
Persistent link: https://www.econbiz.de/10005790012
Using a range of nonparametric methods, the paper examines the specification of a model to evaluate the willingness-to-pay (WTP) for travel time changes from binomial choice data from a simple time-cost trading experiment. The analysis favours a model with random WTP as the only source of...
Persistent link: https://www.econbiz.de/10005836796