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	Provedor de dados AgEcon (1) Autor Evans, M.D.R. (1) Kobayashi, Mimako (1) Rollins, Kimberly S. (1) Palavra-chave Contingent valuation (1) Environmental Economics and Policy (1) Great Basin (1) Invasive weeds (1) Land management (1) Polychotomous format (1) Response intensity (1) Response mapping (1) Wildfire (1) Mais... Tipo do documento Journal Article (1) Ano 2010 (1) País United States (1) Idioma Inglês (1)		Ordenar por:  Relevância Autor Título Ano Registros recuperados: 1 Primeira ... 1 ... Última Sensitivity of WTP Estimates to Definition of ‘Yes’: Reinterpreting Expressed Response Intensity AgEcon Kobayashi, Mimako; Rollins, Kimberly S.; Evans, M.D.R.. Willingness to pay (WTP) estimation typically involves some strategy for mapping nondichotomous contingent valuation (CV) responses onto a dichotomous yes/no dependent variable. We propose a new approach to selecting which responses qualify as ‘yes.’ We apply the proposed method to polychotomous CV data for preventative land management programs in the Great Basin. We also estimate WTP using other methods of response recoding found in the literature. By contrasting the results under different approaches, we demonstrate how and why WTP point estimates vary across recoding methods and discuss the comparative advantages of our more generalized recoding approach that is based on predicted probabilities of ‘yes’ responses. Tipo: Journal Article Palavras-chave: Contingent valuation; Great Basin; Invasive weeds; Land management; Polychotomous format; Response intensity; Response mapping; Wildfire; Environmental Economics and Policy. Ano: 2010 URL: http://purl.umn.edu/59332 Registros recuperados: 1 Primeira ... 1 ... Última

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