Showing 1 - 10 of 168
We review the practice of experimental design in the environmental economics literature concerned with choice experiments. We then contrast this with advances in the field of experimental design and present a comparison of statistical efficiency across four different experimental designs...
Persistent link: https://www.econbiz.de/10005634945
Persistent link: https://www.econbiz.de/10005239603
Multi-attribute stated preference data, derived through choice experiments, is used to investigate the consequence of a finite number of preference groups in a sample of Yorkshire Water residential customers on the conditional distributions of willingness to pay in the sample. The research...
Persistent link: https://www.econbiz.de/10005385391
<title>Abstract</title> The paper addresses the issue of consistency between two commonly employed stated preference data—referendum contingent valuation (CV) and discrete choice modelling (CM)—with respect to estimated distributions of individual willingness‐to‐pay (WTP) for non‐market goods. The...
Persistent link: https://www.econbiz.de/10010973227
Excessive speed is a major contributory factor in a large proportion of deaths and serious injuries on British roads. One approach to tackling the speeding problem is the use of traffic calming measures as a means of enforcing speed restrictions along roads running through populated areas. But...
Persistent link: https://www.econbiz.de/10004988091
Choice experiments are often implemented with choice sets including one alternative depicting the status quo. Utility from status quo is experienced by the respondent, while utility associated with experimentally designed hypothetical alternatives is only conjectured by respondents. The effects...
Persistent link: https://www.econbiz.de/10009222604
This paper documents the policy context of renewable energy production in the European Union. The research adopts a choice experiment approach to investigate households' WTP for these renewable energy technologies in the UK. The micro-generation technologies comprise solar photovoltaic,...
Persistent link: https://www.econbiz.de/10008483069
Many countries are endeavouring to supply more of their energy from renewable resources. Such countries are also experiencing an aging population with a greater proportion of people aged â¥65 years. This demographic shift may reduce the uptake of renewable energy, if older person households...
Persistent link: https://www.econbiz.de/10009319923
The opportunity Value of Travel Time (VTT) is one of the most important elements of the total cost of recreation day-trips and arguably the most difficult to estimate. Most studies build upon the theoretical framework proposed by Becker (1965) by using a combination of revealed and stated...
Persistent link: https://www.econbiz.de/10010869042
<i> La disponibilità a pagare per la rivalorizzazione del territorio: il caso della ferrovia Colle-Poggibonsi </i> (di Silvia Ferrini e Fiorenza Spalatro) - ABSTRACT: This CVM study investigates the WTP for a restoration project in Poggibonsi and Colle Val d’Elsa (Siena). An old cast-off rail could...
Persistent link: https://www.econbiz.de/10011066299