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Registros recuperados: 9
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Attribute processing in environmental choice analysis: implications for willingness to pay AgEcon
Campbell, Danny; Lorimer, Victoria; Aravena, Claudia; Hutchinson, W. George.
Data from a discrete choice experiment is used to investigate the implications of failing to account for attribute processing strategies (APSs). The research was designed to elicit the economic benefits associated with landscape restoration activities that were intended to remediate environmental damage caused by illegal dumping activities. In this paper we accommodate APSs using an equality constrained latent class model. By retrieving the conditional class membership probabilities we recover estimates of the weights that each respondent assigned to each attribute, which we subsequently use ensure unnecessary weight is not allocated to attributes not attended to by respondents. Results from the analysis provide strong evidence that significant gains in...
Tipo: Conference Paper or Presentation Palavras-chave: Attribute processing strategies; Environmental restoration; Equality constrained latent class model; Multinomial logit model; Willingness to pay; Environmental Economics and Policy.
Ano: 2010 URL: http://purl.umn.edu/91718
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Combining discrete and continuous mixing approaches to accommodate heterogeneity in price sensitivities in environmental choice analysis AgEcon
Campbell, Danny; Doherty, Edel; Hynes, Stephen; van Rensburg, Tom M..
Data from a discrete choice experiment aimed at eliciting the demand for recreational walking trails on farmland in the Republic of Ireland is used to explore the consequences of misspecifying the cost coefficient. To enable straightforward calculation of WTP from the distributions of the non-price coefficients, the price coefficient is typically held constant in mixed logit models. This implies that all respondents are equally price sensitive. In this paper we test the validity of this assumption. Our approach is based on a comparison and combination of discrete and continuous mixing approaches (i.e., a mixture of distributions) to uncover the unobserved heterogeneity in price sensitivities. Results from the analysis highlight that model fit and...
Tipo: Conference Paper or Presentation Palavras-chave: Discrete choice experiments; Discrete mixtures; Continuous mixtures; Mixtures of distributions; Price sensitivities; Farmland recreation; Willing to pay space; Environmental Economics and Policy.
Ano: 2010 URL: http://purl.umn.edu/91723
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Lexicographic Preferences in Discrete Choice Experiments: Consequences on Individual-Specific Willingness to Pay Estimates AgEcon
Campbell, Danny; Hutchinson, W. George; Scarpa, Riccardo.
In discrete choice experiments respondents are generally assumed to consider all of the attributes across each of the alternatives, and to choose their most preferred. However, results in this paper indicate that many respondents employ simplified lexicographic decision-making rules, whereby they have a ranking of the attributes, but their choice of an alternative is based solely on the level of their most important attribute(s). Not accounting for these simple decision-making heuristics introduces systemic errors and leads to biased point estimates, as they are a violation of the continuity axiom and a departure from the use of compensatory decision-making. In this paper the implications of lexicographic preferences are examined. In particular, using a...
Tipo: Working or Discussion Paper Palavras-chave: Environmental Economics and Policy; Resource /Energy Economics and Policy.
Ano: 2006 URL: http://purl.umn.edu/12224
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The effect of using labelled alternatives in stated choice experiments: an exploration focusing on farmland walking trails in Ireland AgEcon
Doherty, Edel; Campbell, Danny; Hynes, Stephen; van Rensburg, Tom M..
Discrete choice experiment data aimed at eliciting the demand for recreational walking trails on farmland in Ireland is used to explore whether some respondents reach their choices solely on the basis of the alternative’s label. To investigate this type of processing strategy, the paper exploits a discrete mixtures approach which encompasses random parameters for the attributes. We find evidence that respondents employ different processing strategies for different alternatives and differences in processing emerge between rural and urban based respondents. Results highlight that model fit and policy conclusions are sensitive to assumptions related to processing strategies among respondents
Tipo: Conference Paper or Presentation Palavras-chave: Discrete choice experiments; Processing strategies; Discrete mixtures; Rural and urban comparison; Outdoor recreation; Welfare estimates; Land Economics/Use.
Ano: 2011 URL: http://purl.umn.edu/108792
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Demand for improved food safety and quality: a cross-regional comparison AgEcon
Doherty, Edel; Campbell, Danny.
This paper explores the demand for improved safety and quality for meat products among consumers in two regions using a discrete choice experiment methodology. The study takes account of preferences from consumers across Great Britain and the Republic of Ireland. The features explored in the choice experiment include food safety, traceability, animal health and welfare, region of origin and price. The results suggest a large difference between willingness to pay and implicit ranking of attributes across regions. Meat products that come from ‘Ireland’ are most highly demanded among the features for Irish consumers, whereas consumers based in Great Britain value enhanced testing and animal health and welfare standards highest. Furthermore, a high correlation...
Tipo: Conference Paper or Presentation Palavras-chave: Food Consumption/Nutrition/Food Safety.
Ano: 2011 URL: http://purl.umn.edu/108791
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Combining mixed logit models and random effects models to identify the determinants of willingness to pay for rural landscape improvements AgEcon
Campbell, Danny.
This paper reports the findings from a discrete choice experiment study designed to estimate the economic benefits associated with rural landscape improvements in Ireland. Using a mixed logit model, the panel nature of the dataset is exploited to retrieve willingness to pay values for every individual in the sample. This departs from customary approaches in which the willingness to pay estimates are normally expressed as measures of central tendency of an a priori distribution. In a different vein from analysis conducted in previous discrete choice experiment studies, this paper uses random effects models for panel data to identify the determinants of the individual-specific willingness to pay estimates. In comparison with the standard methods used to...
Tipo: Conference Paper or Presentation Palavras-chave: Agri-environment; Discrete choice experiments; Mixed logit; Panel data; Random effects; Willingness to pay; Demand and Price Analysis; Environmental Economics and Policy; C33; C35; Q24; Q51.
Ano: 2007 URL: http://purl.umn.edu/7975
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Using Discrete Choice Experiments to Derive Individual-Specific WTP Estimates for Landscape Improvements under Agri-Environmental Schemes: Evidence from the Rural Environment Protection Scheme in Ireland AgEcon
Campbell, Danny; Hutchinson, W. George; Scarpa, Riccardo.
Reported in this paper are the findings from two discrete choice experiments that were carried out to address the value of a number of farm landscape improvement measures within the Rural Environment Protection (REP) Scheme in Ireland. Image manipulation software is used to prepare photorealistic simulations representing the landscape attributes across three levels to accurately represent what is achievable within the Scheme. Using a mixed logit specification willingness to pay (WTP) distributions based on the parameter estimates obtained from the individual conditional distributions are derived. These estimates are subsequently adjusted and combined to account for baselines and levels of improvement resulting from the implementation of the REP Scheme....
Tipo: Working or Discussion Paper Palavras-chave: Environmental Economics and Policy.
Ano: 2006 URL: http://purl.umn.edu/12220
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Mapping preferences for the restoration of environmental damage caused by illegal dumping AgEcon
Campbell, Danny; Sinclair, Victoria.
In this paper we use a discrete choice experiment to elicit the economic benefits associated with restoring environmental damage caused by illegal dumping activities. Our study focuses on an extensive rural upland area close to Belfast, where illegal dumping activities are prevalent. Using a random parameters logit model to account for unobserved taste heterogeneity, we exploit the panel nature of the dataset to retrieve partworths, or willingness to pay (WTP) values, for every individual in the sample. We subsequently investigate the existence of spatial dependence of these estimates. As a means of benefit transfer, we also employ geostatistical methods to extend across the whole of the study area the WTP estimates derived from the collected data. The...
Tipo: Conference Paper or Presentation Palavras-chave: Discrete choice experiments; Environmental restoration; Geostatistical analysis; Random parameters logit; Spatial dependence; Illegal dumping; Willingness to pay; C25; Q51; Q53.
Ano: 2008 URL: http://purl.umn.edu/36772
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Choosing ‘buy none’ in food choice analysis: the role of utility balance AgEcon
Campbell, Danny; Doherty, Edel; Gibson, Vikki.
Stated choice analysis is now a widely used and accepted methodology for exploring food choice. In stated choice experiments respondents are asked to make a choice between two or more alternatives, one of which typically takes the form of a ‘buy none’ option. It is widely recognised that respondents often perceive this option differently from the other alternatives and various reasons for this have been offered. Nevertheless, the role that utility balance among the experimentally designed options plays on the propensity of respondent’s choosing ‘buy none’ has largely been overlooked. Using a non-linear representation of utility we show that the ‘buy none’ choices are sensitive to utility balance. We further show how accommodating this provides an...
Tipo: Conference Paper or Presentation Palavras-chave: Discrete choice experiments; Utility balance; Status-quo bias; Food choice; Consumer/Household Economics.
Ano: 2011 URL: http://purl.umn.edu/108951
Registros recuperados: 9
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