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Persistent link: https://www.econbiz.de/10010320693
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
The contingent valuation method for estimating willingness to pay for public goods typically adopts a single referendum question format which is statistically inefficient. As an alternative, Cooper, Hanemann and Signorello (2002) propose the ‘'one-and-one-half bound’' (OOHB) format allowing...
Persistent link: https://www.econbiz.de/10009443511
This paper deals with the effects of uncertain output prices upon fishers' location choices. It employs ARIMA models to construct the price forecasts used by fishers in a model which generates expected profits for three fishing locations in the British Columbia salmon fishery. A random utility...
Persistent link: https://www.econbiz.de/10009444662
Persistent link: https://www.econbiz.de/10010910138
The contingent valuation method for estimating willingness to pay for public goods typically adopts a single referendum question format which is statistically inefficient. As an alternative, Cooper, Hanemann and Signorello (2002) propose the 'one-and-one-half bound' (OOHB) format allowing...
Persistent link: https://www.econbiz.de/10005060254
Climate change may cause more frequent seasonal water shortages. Water-scarce countries already use reclaimed household wastewater for subsequent uses that do not require potable water. Views on the degree of acceptability of reusing wastewater and a distrust of one’s water provider may deter...
Persistent link: https://www.econbiz.de/10009203325
Persistent link: https://www.econbiz.de/10002152911
Previous literature has found that politically conservative individuals express a lower willingness-to-pay (WTP) for environmental goods than left-wing supporters. Using data from three surveys valuing water we investigate the role of context by evaluating whether the means of provision (public...
Persistent link: https://www.econbiz.de/10003981715
We present an experiment designed to investigate the presence and nature of ordering effects within repeated response stated preference studies. We formulate a general structural model of such effects and use this to isolate signature patterns for position-dependent effects (learning about...
Persistent link: https://www.econbiz.de/10003908622