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We compare the ability of three preference elicitation methods (hypothetical choices, non-hypothetical choices, and non-hypothetical rankings) and three discrete-choice econometric models (the multinomial logit, the independent availability logit, and the random parameter logit) to predict...
Persistent link: https://www.econbiz.de/10005804662
An important issue in the design of stated-preference surveys is in the hypothetical setting whether providing information to the respondents can elicit valid value estimates. On-site experience with a resource is one way to provide respondents with first-hand information about the valuation...
Persistent link: https://www.econbiz.de/10010881191
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Persistent link: https://www.econbiz.de/10005483695
We employ a combination of survey design and econometric techniques to explore ways to deal with health concerns in restoration projects where environmental injuries are severe. We use data from a referendum contingent valuation survey for a natural resource restoration project to demonstrate...
Persistent link: https://www.econbiz.de/10005494112