Data/hora: 01/06/2024 11:41:37

Provedor de dados: 	31	
País: 	United States	
Título: 	Modeling Certainty-Adjusted Willingness to Pay for Ecosystem Service Improvement  from Agriculture	
Autores: 	Ma,   Shan; Lupi,   Frank; Swinton,   Scott M.; Chen,   Huilan.	
Data: 	2011-05-03	
Ano: 	2011	
Palavras-chave: 	Contingent valuation; Willingness to Pay; Preference Uncertainty; Numerical certainty scale; Ecosystem services; Environmental Economics and Policy; Research Methods/ Statistical Methods; Risk and Uncertainty; Q51; Q57.	
Resumo: 	The public demand for ecosystem services measured by willingness to pay (WTP) in contingent valuation studies provides important information for designing Payment-for-Ecosystem-Service (PES) programs. However, the hypothetical markets for contingent valuation and respondents’ unfamiliarity with certain ecosystem services may increase their preference uncertainty, which may increase variance and even cause bias in WTP estimates. Taking advantage of a unique stated preference data set that includes a follow-up question rating the respondent’s certainty level, this study evaluates alternative methods of modeling certainty-adjusted WTP for cleaner lakes and abated global warming. Results suggest that the incorporation of self-reported uncertainty into binary choice models significantly reduces the median WTP and appears to improve our understanding of the demand for ecosystem services.	
Tipo: 	Conference Paper or Presentation	
Idioma: 	Inglês	
Identificador: 	http://purl.umn.edu/103734	
Relação: 	Agricultural and Applied Economics Association&gt;2011 Annual Meeting, July 24-26, 2011, Pittsburgh, Pennsylvania

Selected Paper

13064	
Formato: 	38