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Registros recuperados: 15 | |
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Gibson, Fiona L.; Burton, Michael P.. |
The introduction of measurement bias in parameter estimates into non-linear discrete choice models, as a result of using factor analysis, was identified by Train et al. (1987). They found that the inclusion of factor scores, used to represent relationships amongst like variables, into a subsequent discrete choice models introduced measurement bias as the measurement error associated with each factor score is excluded. This is an issue for non-market valuation given the increase in popularity of including psychometric data, such as primitive beliefs, attitudes and motivations, in willingness to pay estimates. This study explores the relationship between willingness to pay and primitive beliefs through a case study eliciting Perth community values for... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Discrete choice models; Attitudes; Factor analysis; Measurement models; Recycled wastewater. |
Ano: 2009 |
URL: http://purl.umn.edu/47943 |
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Banzhaf, H. Spencer. |
This paper illustrates how public goods may be incorporated into a cost-of-living index. When public goods are weak complements to a market good, quality-adjusted prices for the market good capture all the welfare information required. They are also consistent with a Laspeyres index that maintains the bound on a true cost-of-living index. The paper recovers this information from a discrete-choice model, using a simulation routine to solve for the appropriate price adjustments. These concepts are applied to the case of housing, education, crime, and air quality in Los Angeles for 1989 to 1994. Over a period of time when they are improving, incorporating pubic goods into the index lowers the estimated change in the cost of living by 0.5 to 2.6 percentage... |
Tipo: Working or Discussion Paper |
Palavras-chave: Air quality; Discrete choice models; Green accounting; Nonmarket valuation; Price index; Public Economics; C51; D12; D60; E31; H40; R10. |
Ano: 2002 |
URL: http://purl.umn.edu/10833 |
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Ueckermann, E.M.; Blignaut, J.N.; Gupta, Rangan; Raubenheimer, J.. |
This paper applies a discrete choice model to determine specific characteristics that influence South African grain farmers’ preferences to hedge against uncertainties. This is the first empirical study on South African grain producers’ preferences to adopt derivative contracting and is based on the survey data of Grain South Africa for 2006. With the application of separate binary logit models for each major grain commodity, this paper establishes that different grain farmers are significantly heterogeneous. The results also show that grain farmers’ preferences to adopt derivative contracting are mostly influenced by the farmers’ prediction of daily grain prices and trends, farm size and various geographic characteristics. From a policy perspective it has... |
Tipo: Journal Article |
Palavras-chave: Discrete choice models; Micro-analysis of farmers; Agricultural markets and marketing. |
Ano: 2008 |
URL: http://purl.umn.edu/37631 |
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Salvioni, Cristina. |
This paper reports a study of the horticultural chain in Fiji. The objectives of the research was to understand how the domestic horticultural supply could meet the demand currently generated by the tourism sector, i.e. how new income opportunities for the rural people could be generated by feeding the tourists. If policy interventions are to be directed at strengthening backward economic linkages between tourism and local food supplier, a better understanding of factors driving farmers marketing choice is required. This paper aims to contribute in this regard by analyzing the decisions of farmers to engage in direct selling to hotels. Hotels pay premium prices for quality fresh produce and direct marketing can allow farmers to retain the highest... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Horticultural markets; Direct marketing; Discrete choice models; Fiji.; Community/Rural/Urban Development; Marketing. |
Ano: 2007 |
URL: http://purl.umn.edu/7864 |
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Registros recuperados: 15 | |
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