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Registros recuperados: 10 | |
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Moore, Rebecca. |
This paper compares three approaches to using attitudinal data to describe heterogeneous preferences for non-market goods. Two latent class models and one random parameter logit model are included. Each model makes different assumptions about the role of attitudes in the decision process. Specifically, each model assumes a different relationship between attitudes and preferences and these differences are discussed in terms of economic and social psychology theory. The three models are then used to examine individual preferences for water clarity improvements in Green Bay, Wisconsin. The results suggest that the choice of models has important implications on the quantitative results and on the nature of the preference heterogeneity, but does not affect the... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Institutional and Behavioral Economics; Public Economics; Resource /Energy Economics and Policy. |
Ano: 2008 |
URL: http://purl.umn.edu/6488 |
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Moore, Rebecca; Bishop, Richard C.; Provencher, Bill; Champ, Patricia A.. |
In this paper we develop an econometric model of willingness to pay that integrates data on respondent uncertainty regarding their own willingness to pay. The integration is utility consistent and does not involve calibrating the contingent responses to actual payment data, and so the approach can “stand alone”. In an application to a valuation study related to whooping crane restoration, we find that this model generates a statistically lower expected WTP than the standard CV model. Moreover, the WTP function estimated with this model is not statistically different from that estimated using actual payment data, suggesting that when properly analyzed using data on respondent uncertainty, contingent valuation decisions can simulate actual payment decisions.... |
Tipo: Working or Discussion Paper |
Palavras-chave: Research Methods/ Statistical Methods; Risk and Uncertainty. |
Ano: 2009 |
URL: http://purl.umn.edu/92233 |
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Moore, Rebecca; Provencher, Bill; Bishop, Richard C.. |
This article investigates the value of reducing non-point source pollution in Green Bay, WI. Using stated preference methods, we find the lower bound on the benefits of reducing runoff enough to universally increase water clarity by four feet is greater than $9 million annually. Using a unique survey design, we show that because current water clarity in Green Bay is spatially variable, the value that a household places on this universal improvement depends on the distance of the household’s residence from the Bay and on the particular geospatial location of the residence. This has important implications for estimating aggregate benefits. |
Tipo: Working or Discussion Paper |
Palavras-chave: Environmental Economics and Policy. |
Ano: 2009 |
URL: http://purl.umn.edu/92235 |
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Moore, Rebecca; MacPherson, Alexander J.; Provencher, Bill. |
This paper presents an integrated ecological and economic model of aquatic plant species invasions in which resource users are the primary vector of species colonization. A random utility model of boater behavior is combined with ecological information about the invader and the landscape to form a dynamic principal-agent model in which the principal is a manager concerned with the interseasonal spread of invasive species across lakes, and agents are recreational boaters making a series of intraseasonal trip decisions to maximize random utility during the course of the season. Agent behavior is sensitive to both the degradation of environmental quality on colonized lakes and the actions taken by resource managers to control the spread of the invasive... |
Tipo: Working or Discussion Paper |
Palavras-chave: Environmental Economics and Policy. |
Ano: 2005 |
URL: http://purl.umn.edu/12684 |
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Champ, Patricia A.; Moore, Rebecca; Bishop, Richard C.. |
This paper reports on an investigation of hypothetical bias and approaches to identifying and mitigating the bias. The split sample design includes an actual donation treatment, a contingent donation treatment with a follow-up certainty question and a contingent donation treatment with cheap talk. Studies comparing contingent values to actual payments consistently find that respondents report higher willingness to pay in a hypothetical payment situation relative to an actual payment situation. While the existence of hypothetical bias has been confirmed in such studies, less attention has been focused on the nature and causes of hypothetical bias. Previous research (Champ et al. 1997, Champ and Bishop 2001) suggests that a small and potentially... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Research Methods/ Statistical Methods; Resource /Energy Economics and Policy. |
Ano: 2004 |
URL: http://purl.umn.edu/19951 |
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Registros recuperados: 10 | |
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