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Persistent link: https://www.econbiz.de/10010878906
A method of paired comparison is adapted for use in estimating economic measures of value. The method elicits multiple binary choices for paired items in a choice set. Probability distributions and economic values are estimated nonparametrically and parametrically. The method is applied in an...
Persistent link: https://www.econbiz.de/10005801955
Persistent link: https://www.econbiz.de/10008519152
Stated preference analyses commonly impose strong and unrealistic assumptions in response to spatial welfare heterogeneity. These include spatial homogeneity or continuous distance decay. Despite their ubiquity in the valuation literature, global assumptions such as these have been increasingly...
Persistent link: https://www.econbiz.de/10009444304
Although mixed logit models are common in stated preference applications, resulting welfare estimates can be sensitive to minor changes in specification. This can be of critical relevance for policy and welfare analysis, particularly if policymakers are unaware of practical implications. Drawing...
Persistent link: https://www.econbiz.de/10009446090
Despite the many important uses (and potential abuses) of focus groups in survey design, the CV literature presents few guidelines to aid moderators in their interaction with focus group participants. This paper draws on the theory and practice of ethnographic interviewing to introduce general...
Persistent link: https://www.econbiz.de/10005801433
Although mixed logit models are common in stated preference applications, resulting welfare estimates can be sensitive to minor changes in specification. This can be of critical relevance for policy and welfare analysis, particularly if policymakers are unaware of practical implications. Drawing...
Persistent link: https://www.econbiz.de/10009020506
Stated preference analyses commonly impose strong and unrealistic assumptions in response to spatial welfare heterogeneity. These include spatial homogeneity or continuous distance decay. Despite their ubiquity in the valuation literature, global assumptions such as these have been increasingly...
Persistent link: https://www.econbiz.de/10009021146
This study presents a criterion validity test in which stated choices are compared to subsequent binding referendum votes. The study is distinguished by identical hypothetical and actual choice contexts, and results that show no evidence of hypothetical bias. Results suggest a number of...
Persistent link: https://www.econbiz.de/10005476940
Persistent link: https://www.econbiz.de/10011082873