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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
Payments for environmental services (PES) especially of the forests are considered a potential instrument to mitigate environment and development challenges faced in many tropical countries. The success of any PES scheme is highly dependent on reliable economic data and monetary values of the...
Persistent link: https://www.econbiz.de/10008491780
The aggregate welfare measure for a change in the provision of a public good derived from a contingent valuation (CV) survey will be much higher if the same elicited mean willingness to pay (WTP) is added up over individuals rather than households. A trivial fact, however, once respondents are...
Persistent link: https://www.econbiz.de/10005837417
The valuation of non-market goods involves iterated elicitation questions which obtain more information from the sample respondents and lead to more efficient welfare estimates. In this paper we consider the improvements which could be obtained by utilising a Bayesian MCMC approach to model this...
Persistent link: https://www.econbiz.de/10005418988
Data from a survey were used to evaluate Tennessee farmers' willingness to pay for the boll weevil eradication program. Producer experience, boll weevil control costs, and attitudes about boll weevil damage and insecticide usage after the program were significant explanatory variables and had a...
Persistent link: https://www.econbiz.de/10005806411
We develop a new but simple non-parametric method to diagnose inconsistency in double-bounded contingent valuation questions in the presence of both perfect and imperfect correlation between initial and follow-up response distributions. The proposed method can identify inconsistency in iterative...
Persistent link: https://www.econbiz.de/10010678888
This study examines the value of reducing foodborne risk. Research on the valuation of health risk has been dominated by the study of mortality risk. Foodborne risk is, however, in most cases non-fatal and this study therefore focuses on individuals' preferences for reducing morbidity risk...
Persistent link: https://www.econbiz.de/10011154527
Stated preference (SP) surveys attempt to obtain monetary values for non-market goods that reflect individuals’ “true†preferences. Numerous empirical studies suggest that monetary values from SP studies are sensitive to survey design and so may not reflect respondents’...
Persistent link: https://www.econbiz.de/10011154536
Policymakers have largely replaced Single Bounded Discrete Choice (SBDC) valuation by the more statistically efficient repetitive methods; Double Bounded Discrete Choice (DBDC) and Discrete Choice Experiments (DCE). Repetitive valuation permits classification into rational preferences: (i)...
Persistent link: https://www.econbiz.de/10011252306
Harmful algal bIoom species are the cause of important damages to marine living resources and human beings. These marine species are primarily introduced in North-European waters through ballast water, i.e. water trans-ported across the oceans so as to keep a vessel in balance. Port authorities...
Persistent link: https://www.econbiz.de/10011257533