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Some public programs simultaneously provide a mix of non-rejectable public goods and public bads. Consequently, some individuals would pay for the program, while others might instead need to becompensated. In this paper we estimate twoparametric extended spike models that accountfor positive and...
Persistent link: https://www.econbiz.de/10005684242
During the summer of 2001, survey data were collected from Colorado residents living near public lands (i.e., the wildland urban interface). Data were collected by telephone after mailing respondents a survey. These data include detailed information of respondents’ views towards wildfire...
Persistent link: https://www.econbiz.de/10005634949
Referendum style willingness to pay questions have been used to estimatepassive use values. This referendum question format method may beproblematic for many reasons, including the statistical techniques used toestimate willingness to pay from discrete responses. This paper comparesa number of...
Persistent link: https://www.econbiz.de/10005719880
Scenic landscapes demonstrate public good attributes and will be undervalued in the market. This research compares estimates of tourists' non-consumptive use values of ranch land open space in Routt County, Colorado from contingent valuation and contingent behaviour methods. If ranch lands are...
Persistent link: https://www.econbiz.de/10008773737
We present a demonstration of a Bayesian spatial probit model for a dichotomous choice contingent valuation method willingness-to-pay (WTP) questions. If voting behavior is spatially correlated, spatial interdependence exists within the data, and standard probit models will result in biased and...
Persistent link: https://www.econbiz.de/10010914301
In some, but not all, contexts, respondents to stated preference valuation studies state a willingness to pay (WTP) higher than what lab or field experiments indicate is the actual amount they would pay. However, several ex ante survey design strategies and ex post calibration techniques can be...
Persistent link: https://www.econbiz.de/10010918061
To test for preference heterogeneity in dichotomous choice contingent valuation responses, a random parameter logit (RPL) specification is used in this analysis. The RPL model confirms heterogeneity in respondents' preferences for protection of public open space, as reflected in statistically...
Persistent link: https://www.econbiz.de/10005805335