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Registros recuperados: 43 | |
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Wang, Xuehong; Rolfe, John. |
Many policy issues, as well as policy funding and management choices, have elements of risk and uncertainty. This means that choice experiments, such as those used in choice modelling (CM), may need to frame trade-offs so that risk and uncertainty are included. This research aims to explore some methodological approaches to identify and treat uncertainty in CM experiments. A review of theoretical models, as well as a case study application in the CM technique reported by Roberts et al. (2008), suggests that including uncertainty information in the choice sets should influence responses significantly. However, key challenges remain to define and describe the elements of risk and uncertainty that are to be included in a choice experiment, to communicate the... |
Tipo: Report |
Palavras-chave: Choice experiments; Risk; Uncertainty; Information; Framing.; Environmental Economics and Policy; Research Methods/ Statistical Methods. |
Ano: 2009 |
URL: http://purl.umn.edu/94812 |
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Christie, Mike; Colman, Oliver. |
Current government guidelines for the appraisal of coastal defence projects in the UK do not require that non-market amenity benefits to be considered . However, a new option in coastal defence, namely multi-purpose reefs, provides an opportunity to integrate coastal defence with significant amenity provision. This paper reports the findings of a choice experiment study that evaluated the amenity benefits of four alternative coastal defence systems currently being considered for Borth in west Wales. The results indicate that traditional coastal defence options such as timber and rock groynes do not generate amenity benefits, while a multipurpose reef would generate significant benefits in terms of improvements in the visual appeal of the beach, safer... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Choice experiments; Amenity value; Coastal defence; Multi-purpose reef; Resource /Energy Economics and Policy; Q26; Q51; Q58. |
Ano: 2006 |
URL: http://purl.umn.edu/25541 |
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Chang, Jae Bong; Lusk, Jayson L.; Norwood, F. Bailey. |
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 actual retail shopping behavior in three different product categories (ground beef, wheat flour, and dishwashing liquid). Overall, across all methods, we find a reasonably high level of external validity. Our results suggest that the non-hypothetical elicitation approaches, especially the non-hypothetical ranking, outperformed the hypothetical choice experiment in predicting retail sales. We also find that the random parameter logit can have superior predictive... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Contingent valuation; Choice experiments; Experimental economics; External validity; Field experiment; Agribusiness; Consumer/Household Economics; Marketing; Research Methods/ Statistical Methods. |
Ano: 2008 |
URL: http://purl.umn.edu/43600 |
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Registros recuperados: 43 | |
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