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Choice set awareness and ordering effects in discrete choice experiments in discrete choice experiments

Bateman, Ian J.; Carson, Richard T.; Day, Brett; … - 2008

The choice experiment elicitation format confronts survey respondents with repeated choice tasks. Particularly within the context of valuing pure public goods, this repetition raises two issues. First, does advanced awareness of multiple tasks influence stated preferences from the outset, and...

Persistent link: https://www.econbiz.de/10010276523

An Experimental Investigation of Alternatives to Expected Utility Using Pricing Data

Schmidt, Ulrich; Morone, Andrea - 2003

Experimental research on decision making under risk has until now always employed choice data in order to evaluate the empirical performance of expected utility and the alternative nonexpected utility theories. The present paper performs a similar analysis which relies on pricing data instead of...

Persistent link: https://www.econbiz.de/10010278003

Common consequence effects with pricing data

Schmidt, Ulrich; Trautmann, Stefan T. - 2010

-to-pay (WTP), and willingness-to-accept (WTA). Consistent with previous research we do not find clearcut evidence of fanning out … in the absence of certainty effects. Violation rates of EU are more pronounced for WTP and WTA than for choice data …

Persistent link: https://www.econbiz.de/10010278005

Decision Analysis Considering Welfare Impacts in Water Resources Using the Benefit Transfer Approach

Shaqadan, Ashraf - 2008

Decision making in environmental management is faced with uncertainties associated with related environmental variables and processes. Decision makers are inclined to use resources to acquire better information in one or more uncertain variable(s). Typically, with limited resources available,...

Persistent link: https://www.econbiz.de/10009482348

ESTIMATION THE PREFERENCE OF ECOTOURISM FOR GAOMEI WETLAND IN TAIWAN

Huang, Yu-Sheng; Chen, Yun-Ju; Ting, Chung-Te - 2018

Gaomei Wetland is not only the biggest grassy coastal wetland, but also a wild‐animal protecting area, located on the west‐central coast of Taiwan.Wetlands are considered as one of the most important natural resource, which offer a lot of benefits for human and other creatures. However, it...

Persistent link: https://www.econbiz.de/10011788806

Inequality and the Value of Public Natural Capital

Meya, Jasper N.; Baumgärtner, Stefan; Drupp, Moritz A.; … - 2020

We study how income inequality affects the social value of a dynamic public good, such as natural capital. Our theory shows that both intra- and intertemporal inequality affect the social value of public natural capital. The direction and size of the effects are driven by the degree of...

Persistent link: https://www.econbiz.de/10012425658

Information Source and Content – Drivers for Consumers' Valuation of Fairly Traded Foods

von Grafenstein, Liza; Iweala, Sarah; Ruml, Anette - 2022

contingent valuation approach to measure the willingness-to-pay (WTP) premium for chocolate with the Fairtrade label compared to … similar conventional chocolate. To estimate WTP and the outcome which measures the participants' purchasing intentions, we use … Fairtrade label despite limited knowledge about the certification. This WTP is relatively robust to additional supportive …

Persistent link: https://www.econbiz.de/10012814388

What's in organic wine consumer mind? A review on purchasing drivers of organic wines

Maesano, Giulia; Di Vita, Giuseppe; Chinnici, Gaetano; … - In: Wine Economics and Policy 10 (2021) 1, pp. 3-21

Consumer interest in organic wine is growing, but the effects of organic label, consumer quality perception and the support for the benefits claim of organic wine are not yet fully understood and at times doubtful. The literature shows a very heterogeneous picture regarding consumer behaviour...

Persistent link: https://www.econbiz.de/10014485142

Environmental Inequality and Economic Valuation

Meya, Jasper N. - In: Environmental and Resource Economics 76 (2020) 2-3, pp. 235-270

to pay (WTP) for the environmental good is determined both by its substitutability and by the correlation of its … provision with income. Specifically, environmental inequality decreases societal WTP for substitutes, but this effect is … that richer households living in places where environmental good endowment is high increases (decreases) societal WTP if …

Persistent link: https://www.econbiz.de/10014503668

Evaluating the product portfolio of Japanese public service broadcaster: Consumer vs. citizen's view

Tsuji, Masatsugu; Ichikawa, Yoshiharu - 2014

through the measurement of WTP(Willingness to pay), and has initiated channel×genre matrix management. This study thus aims to … estimate WTP to the channel×genre matrixin order to analyze how viewers evaluate NHK and its programs. To evaluate whether NHK … how the distributed WTP to genre is different between two groups is examined. …

Persistent link: https://www.econbiz.de/10010471595