Showing 1 - 10 of 12
In environmental valuation studies with stated preference methods, researchers often provide descriptions of status quo conditions which may differ from those perceived by respondents. Ignoring this difference in utility baselines may affect the magnitude of utility changes and hence bias the...
Persistent link: https://www.econbiz.de/10008532031
In an effort to improve productivity and profits many farmers have replaced traditional livestock breeds with higher yielding alternatives. While such changes may bring about short-term economic gains, the loss of traditional livestock breeds could result in the loss of an important genetic...
Persistent link: https://www.econbiz.de/10005169974
Indoor air quality affects respiratory diseases, such as asthma, and can be altered by devices that lower dwelling humidity and raise temperature. Several countries have initiated schemes that subsidize devices such as heat pumps based on putative health benefits but the valuations of these...
Persistent link: https://www.econbiz.de/10010674224
This paper estimates the marginal willingness-to-pay for attributes of a hypothetical HIV vaccine using discrete choice modeling. We use primary data from 326 respondents from Bangkok and Chiang Mai, Thailand, in 2008-2009, selected using purposive, venue-based sampling across two strata....
Persistent link: https://www.econbiz.de/10010575970
We review the basic principles for the evaluation of design efficiency in discrete choice modelling with a focus on efficiency of WTP estimates from the multinomial logit model. The discussion is developed under the realistic assumption that researchers can plausibly define a prior on the...
Persistent link: https://www.econbiz.de/10005634943
We review the practice of experimental design in the environmental economics literature concerned with choice experiments. We then contrast this with advances in the field of experimental design and present a comparison of statistical efficiency across four different experimental designs...
Persistent link: https://www.econbiz.de/10005634945
We report results from a laboratory experiment that allows us to test the incentive compatibility hypothesis of hypothetical referenda used in CV studies through the public or private provision of information messages. One of the main methodological issues about hypothetical markets regards...
Persistent link: https://www.econbiz.de/10005634946
We examine the stability of the benefit transfer function across 42 recreational forests in the British Isles. A working definition of reliable function transfer is put forward, and a suitable statistical test is provided. The test is based on the sensitivity of the model log-likelihood to...
Persistent link: https://www.econbiz.de/10005634951
: Data from a discrete choice experiment on improvements of rural landscape attributes are used to investigate the implications of discontinuous preferences on willingness to pay estimates. Using a multinomial error component logit model, we explore differences in scale and unexplained variance...
Persistent link: https://www.econbiz.de/10005634954
We report findings from a choice experiment survey designed to estimate the economic benefits from policy measures which improve the rural landscape under an agri-environment scheme in the Republic of Ireland. Using a panel mixed logit specification to account for unobserved taste heterogeneity...
Persistent link: https://www.econbiz.de/10005634967