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Provedor de dados:  AgEcon
País:  United States
Título:  APPLYING A METHOD OF PAIRED COMPARISONS TO MEASURE ECONOMIC VALUES FOR MULTIPLE GOODS SETS
Autores:  Rosenberger, Randall S.
Peterson, George L.
Loomis, John B.
Data:  2005-06-27
Ano:  2002
Palavras-chave:  Alternative gains
Economic valuation
Hypothetical market
Paired comparisons
Stated choice method
Research Methods/ Statistical Methods
C51
C80
D12
Q26
Resumo:  A method of paired comparison is adapted for use in estimating economic measures of value. The method elicits multiple binary choices for paired items in a choice set. Probability distributions and economic values are estimated nonparametrically and parametrically. The method is applied in an experimental context with a choice set composed of four private goods and several sums of money. The sample's median value estimtes for the goods are generally not different than the market prices for these goods. People who are in the market for a good value it higher than those not in the market for the good.
Tipo:  Journal Article
Idioma:  Inglês
Identificador:  16783

http://purl.umn.edu/15516
Editor:  AgEcon Search
Relação:  Journal of Agricultural and Applied Economics>Volume 34, Number 01, April 2002
Formato:  15

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