Showing 1 - 10 of 12
Persistent link: https://www.econbiz.de/10012313274
Over the past few decades the problem of eutrophication of water bodies has accelerated due to large additions of nutrients from human sources. This paper conducts a contingent valuation of household willingness to pay to reduce eutrophication impacts. The application employs the recently...
Persistent link: https://www.econbiz.de/10010319063
The use of dichotomous choice (DC) questions in the elicitation of willingness to pay (WTP) in contingent valuation studies is common practice at the present time. Recent research has shown that double-bounded DC questions provide statistically superior results to single-bounded questions, given...
Persistent link: https://www.econbiz.de/10005719847
Persistent link: https://www.econbiz.de/10004999699
Although attractive in terms of its incentive compatibility, the standard single bound (SB) dichotomous choice technique for eliciting willingness to pay (WTP) responses in contingent valuation surveys has a major drawback in terms of its low statistical efficiency. While alternatives such as...
Persistent link: https://www.econbiz.de/10010319011
This paper presents the findings of research intended to investigate the nature of expressed preferences for reducing air pollution impacts. Specifically a contingent valuation (CV) experiment is designed to elicit individuals' values for reducing these impacts and examine how these may change...
Persistent link: https://www.econbiz.de/10010319019
The paper introduces the reader to the contingent valuation method for monetary valuation of individuals preferences regarding changes to environmental goods. Approaches to the validity testing of results from such studies are discussed. These focus upon whether findings conform to prior...
Persistent link: https://www.econbiz.de/10010319024
A simple but novel experiment is described examining the impact of interviewer appearance upon stated willingness to pay (WTP) for an environmental good. This test consists of an interviewer wearing either formal or more casual clothing. This analysis is interacted with a cross cutting treatment...
Persistent link: https://www.econbiz.de/10010319050
Given the evidence against the unitary model of the household, there is a need to understand the predictions of alternative household models within the context of valuation. This paper derives the relationship between household and individual willingness to pay (WTP) for the non-cooperative...
Persistent link: https://www.econbiz.de/10010319056
While a dominated choice involves a situation in which one option clearly dominates another on all relevant dimensions, an asymmetrically dominated choice typically involves more than two options in which at least two options do not dominate each other but one (but not both) of those options...
Persistent link: https://www.econbiz.de/10010319058