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Incentive Payment Programs for Environmental Protection: A Framework for Eliciting and Estimating Landowners' Willingness to Participate AgEcon
Layton, David F.; Siikamaki, Juha.
This paper considers the role of incentive payment programs in eliciting, estimating, and predicting landowners' conservation enrollments. Using both program participation and the amount of land enrolled, we develop two econometric approaches for predicting enrollments. The first is a multivariate censored regression model that handles zero enrollments and heterogeneity in the opportunity cost of enrollments by combining an inverse hyperbolic sine transformation of enrollments with alternative-specific correlation and random parameters. The second is a beta-binomial model, which recognizes that in practice elicited enrollments are essentially integer valued. We apply these approaches to Finland, where the protection of private nonindustrial forests is an...
Tipo: Working or Discussion Paper Palavras-chave: Protection; Endangered; Voluntary; Incentive; Tobit; Beta-binomial; Stated preferences; Environmental Economics and Policy.
Ano: 2005 URL: http://purl.umn.edu/10775
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LOGIT MODELS FOR POOLED CONTINGENT VALUATION AND CONTINGENT RATING AND RANKING DATA: VALUING BENEFITS FROM FOREST BIODIVERSITY CONSERVATION AgEcon
Siikamaki, Juha; Layton, David F..
Contingent valuation and contingent rating and ranking methods for measuring willingness-to-pay for non-market goods are compared by using random coefficient models and data pooling methods. Pooled models on CV data and CR data on the preferred choice accept pooling if scale differences between the model estimates of CV and CR methods are allowed for. More detailed response models, such as pooled CV model and rank-ordered models for two or three ranks, reject pooling of the data.
Tipo: Conference Paper or Presentation Palavras-chave: Resource /Energy Economics and Policy.
Ano: 2001 URL: http://purl.umn.edu/20616
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SHIFTING SANDS: A PRELIMINARY EXPLORATION OF SEASONAL VARIATION IN PREFERENCES FOR BEACHES AgEcon
Mohn, Craig; Hanemann, W. Michael; Pendleton, Linwood; Layton, David F..
Choice data about recreational activities has usually been available for decisions made at a single point in time. Even when data has been collected over a long interval, analysis has generally ignored the impact of seasonality on the relative value of different attributes, treating all choices as the same. This paper looks at a panel of beach recreators from southern California and tests two possible reasons for seasonally changing preferences. We find that seasonal effects can have a substantial impact on the relative utility to the consumer of water quality and money.
Tipo: Working or Discussion Paper Palavras-chave: Institutional and Behavioral Economics.
Ano: 2003 URL: http://purl.umn.edu/6859
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