Showing 1 - 10 of 12
scale scores. At a second stage and in a logistic regression setup the relation between people’s willingness to pay (WTP …. Pro-environmental attitudes influence the estimates of mean WTP. Significant relationships are found between environmental … attitudes and non-use motivations and WTP and ethical motives for species protection. Finally individuals’ mean WTP for marine …
Persistent link: https://www.econbiz.de/10011267880
poisoning, education and income are significant predictors for the Positive WTP. From the results it is evident that health …
Persistent link: https://www.econbiz.de/10009643210
-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 randomness over a model with fixed WTP which is linear in time and cost and has … an additive random error term. Results further indicate that the distribution of log WTP can be described as a sum of a …
Persistent link: https://www.econbiz.de/10005836796
) survey will be much higher if the same elicited mean willingness to pay (WTP) is added up over individuals rather than … an “uncontaminated” WTP measure that with some degree of confidence can be aggregated over one or the other response unit …. The literature is mostly silent about which response unit to use in WTP questions and in some CV studies it is even …
Persistent link: https://www.econbiz.de/10005837417
Although bidders in an internet auction do not obtain the actual ownership of the item during the auction, they still act according to an endowment effect. In a unique data set of 17,000 Danish furniture auctions I find that having the leading bid, both in terms of time and dollars, will...
Persistent link: https://www.econbiz.de/10005070467
Most internet auction sites, like eBay, use a proxy bidding system where bidders can put in their maximum bid and let a proxy bidder (a computer) bid for them. Yet many bidders speculate about how to bid and employ bidding strategies. This paper examines how the timing of bids can affect the...
Persistent link: https://www.econbiz.de/10005070490
country decreases. Willing to pay (WTP) to avoid 1 and 14 additional days is important for workers, factory authorities and … caused by air pollution. Since no WTP is yet established in the labor sector of Bangladesh, so that this paper will show new …
Persistent link: https://www.econbiz.de/10011112247
The objective of this paper is to explain the use of willingness to pay (WTP) as a proxy for price/tariff variable of … household electricity demand model. WTP is amount of money that a consumer pays to obtain some goods or service. There are some … justifications to use the WTP, i.e : 1) it can reveal the actual value or price of goods or service, 2) it can be used as a basic of …
Persistent link: https://www.econbiz.de/10011114028
spending on recreation services must be motivated in some other way. Here, we elicit people’s willingness to pay (WTP) for … variant of the Tobit model is used in the econometric analysis to examine the WTP responses elicited by a payment card format … redistribution effects of a potential implementation of user fees. Finally, we discuss the motives for WTP, which reveal concerns …
Persistent link: https://www.econbiz.de/10008462315
to improve confidence in the interpretation of people’s willingness to pay (WTP) for water resources protection by … components in determining water resources conservation preferences, as well as individuals’ WTP for protecting them. We have … extracted four factors and explored their influence on respondents’ WTP and the general attitude towards the area. There were …
Persistent link: https://www.econbiz.de/10011258332