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Characterizing Spatial Pattern in Ecosystem Service Values when Distance Decay Doesn’t Apply: Choice Experiments and Local Indicators of Spatial Association AgEcon
Johnston, Robert J.; Ramachandran, Mahesh; Schultz, Eric T.; Segerson, Kathleen; Besedin, Elena Y..
Stated preference analyses commonly impose strong and unrealistic assumptions in response to spatial welfare heterogeneity. These include spatial homogeneity or continuous distance decay. Despite their ubiquity in the valuation literature, global assumptions such as these have been increasingly abandoned by non-economics disciplines in favor of approaches that allow for spatial patchiness. This paper develops parallel methods to evaluate local patchiness and hot spots in stated preference welfare estimates, characterizing relevant patterns overlooked by traditional approaches. The analysis draws from a choice experiment addressing river restoration. Results demonstrate shortcomings in standard treatments of spatial heterogeneity and insights available...
Tipo: Conference Paper or Presentation Palavras-chave: Willingness to Pay; Hot Spot; Stated Preference; Ecosystem Service; Valuation; Environmental Economics and Policy; Research Methods/ Statistical Methods.
Ano: 2011 URL: http://purl.umn.edu/103374
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Consumer Acceptance of Genetically Modified Foods in Taiwan: Is Positive Discount the Same as Negative Premium? AgEcon
Kaneko, Naoya; Chern, Wen S..
This paper finds Taiwanese consumers' willingness to pay a premium on the non-GM food differs from their willingness to accept a discount on the GM food. It further finds that the non-GM choosers are more committed to the non-GM food than the GM choosers to the GM food.
Tipo: Conference Paper or Presentation Palavras-chave: Genetically Modified; Contingent Valuation; Willingness to Pay; Stated Preference; Consumer/Household Economics; Q0; D1.
Ano: 2005 URL: http://purl.umn.edu/19491
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Estimating Amenity Values: Will It Improve Farmland Preservation Policy? AgEcon
Duke, Joshua M..
Tipo: Journal Article Palavras-chave: Land Use; Conservation; Conservation Easements; Stated Preference; Land Economics/Use; Q18; Q28; Q51; Q58.
Ano: 2008 URL: http://purl.umn.edu/94682
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Estimating Demand Elasticities for a Small Island Economy: Fiji AgEcon
Hone, Phillip; Haszler, Henry; Tubuna, Sakiusa; Waqavonovono, Epeli.
An understanding of the responsiveness of food demand to price changes is critical to decision making in the area of food policy. The estimation of these elasticities is difficult in developing countries, such as Fiji, due to a lack of reliable data. We review the existing data on food demand elasticities in Fiji and examine alternative approaches to their estimation given the data constraints present. We use a stated preference approach to provide a new set of estimates of food demand elasticities for Fiji using cross section data.
Tipo: Conference Paper or Presentation Palavras-chave: Demand; Food and Agriculture; Stated Preference; Survey; Demand and Price Analysis.
Ano: 2007 URL: http://purl.umn.edu/10405
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Valuing Farmland Protection with Choice Experiments That Incorporate Preference Heterogeneity: Does Policy Guidance Depend On the Econometric Fine Print? AgEcon
Johnston, Robert J.; Bergstrom, John C..
Although mixed logit models are common in stated preference applications, resulting welfare estimates can be sensitive to minor changes in specification. This can be of critical relevance for policy and welfare analysis, particularly if policymakers are unaware of practical implications. Drawing from an application to agricultural conservation in Georgia, this paper quantifies the sensitivity of welfare estimates to common variations in mixed logit specification and assesses practical implications for policy guidance. Results suggest that practitioners may wish to reevaluate modeling and reporting procedures to reflect the welfare and policy implications of common but often unnoticed variations in model specification.
Tipo: Conference Paper or Presentation Palavras-chave: Willingness to Pay; Conservation Easement; PACE; Mixed Logit; Stated Preference; Environmental Economics and Policy; Land Economics/Use; Research Methods/ Statistical Methods; Q24; Q51.
Ano: 2010 URL: http://purl.umn.edu/61140
Registros recuperados: 5
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